Pakistan recorded a current account surplus of $459 million in May 2026, according to figures released by the State Bank of Pakistan (SBP) on Wednesday.
This marks a sharp turnaround from the $276 million deficit posted in April 2026 and the $44 million deficit recorded in May 2025.
The improvement was largely driven by a strong rise in workers’ remittances, alongside a modest increase in exports.
Pakistan’s combined exports of goods and services reached $3.21 billion in May 2026, compared with $3.17 billion in the corresponding month last year, reflecting growth of just over 1%.
At the same time, total imports stood at $6.49 billion, up nearly 2% from $6.39 billion in May 2025.
Remittance inflows played a key role in boosting the external account, climbing to $4.25 billion during May 2026 from $3.69 billion a year earlier, an increase of 15.4% year-on-year.
Despite the monthly surplus, Pakistan’s current account position for the first 11 months of FY26 remained weaker than last year. From July 2025 to May 2026, the country posted a cumulative surplus of $255 million, significantly lower than the $1.62 billion surplus recorded during the same period of the previous fiscal year, representing a decline of about 84%.
