Pakistan Records $459 Million Current Account Surplus in May 2026: State Bank

Karachi: The State Bank of Pakistan announced that the country’s current account recorded a surplus of $459 million in May 2026, marking a positive development for the national economy. The improvement reflects reduced external payment pressure and stronger inflows from overseas Pakistanis.

According to the central bank, Pakistan’s current account remained in surplus by $255 million during the first 11 months of the ongoing fiscal year. Economists believe this indicates improving stability in the country’s external financial position.

Official figures show that Pakistan imported goods worth $5.6 billion in May, while exports during the same period stood at $2.3 billion. The gap between imports and exports continued to put pressure on the trade balance.

The State Bank reported that the trade deficit for May reached $3.3 billion. Meanwhile, the cumulative trade deficit during the first 11 months of the fiscal year stood at $24.3 billion, reflecting the ongoing imbalance in external trade.

Data further revealed that Pakistan imported goods worth a total of $54 billion during the first 11 months of the fiscal year. On the other hand, total exports during the same period reached $29.75 billion, which remained insufficient to fully narrow the trade gap.

A major factor behind the positive current account performance was the strong contribution of workers’ remittances. In May alone, Pakistan received a record $4.2 billion in remittances, significantly supporting foreign exchange inflows.

The State Bank’s report added that total workers’ remittances reached $38 billion during the first 11 months of the fiscal year. Analysts say continued growth in remittances and exports could further strengthen Pakistan’s external financial indicators in the coming months.