Pakistan records current account deficit of $328mn in July 2026

Business Recorder reported that Pakistan's external gap for July 2026 stood at $328 million, a narrower figure than the $814 million recorded in June and the $529 million of July 2025. The State Bank of Pakistan released the data on Tuesday. The June figure was revised up as well, now $814 million rather than $649 million.

Goods exports climbed 17% month on month and 9% year on year to $3 billion, the highest monthly level in 19 months, while imports held broadly steady at $6.2 billion. Topline Research, in a statement, said the shortfall had narrowed sharply on both monthly and yearly measures.

Over the full FY26, the current account slipped into a marginal deficit of $139 million, reversing the $1.84 billion surplus recorded a year earlier. Remittances reached record levels, yet they did not offset high imports, while exports stayed largely flat.