Current Account records $427 million surplus in February 2026: SBP

KARACHI, Mar 16 (APP):Pakistan’s External Current Account Balance recorded a surplus of US$ 427 million in February 2026 following to a surplus of $ 68 million in January 2026.

However, during the first eight months of fiscal year 2025-26, the Current Account Balance posted a deficit of $ 700 million in comparison to a surplus of $ 479 million during July-February FY 2024-25, the State Bank of Pakistan reported on Monday in the monthly summary of Balance of Payments.

The cumulative balance in trade of goods during July-February 2025-26 recorded a deficit of $ 21,082 million, according to the provisional figures released by the central bank, as compared to $ 16,497 million deficit in corresponding period of FY24-25.

The balance on Trade in goods during February 2026 has recorded a deficit of $ 2,670 million as compared to a deficit of $ 2,601 million in January 2026 and $ 2,441 million in February 2025, the data depicted.

Balance on trade of services during July-February FY26 has recorded a deficit of $ 2,137 million as compared to $ 2,078 million deficit of July-Feb FY25, the data shown adding that in February 2026 services’ trade deficit shrunk to $ 99 million in comparison to $ 269 million deficit in January 2026 and $ 257 million deficit in February 2025.

The overall trade deficit in both goods and services reached at $ 23,219 million during Jul-Feb FY26 in comparison to the deficit of $ 18,575 million in the first 8 months of the previous fiscal year.

In February 2026, the overall deficit in trade of goods and services was recorded as $ 2,769 million as compared to the deficit of $ 2,870 million in January 2026 and the deficit of $ 2,698 million in February 2025.

The Balance on Primary Income recorded a deficit of $ 5,652 million during July-February FY26 against a deficit of
$ 6,142 million in the corresponding period of last fiscal year, the SBP data showed.

The inflow of workers’ remittances from overseas during the first eight months of FY26, has recorded as $ 26,488 million in comparison to $ 23,977 million inflows in corresponding period of FY25. Inflow of remittances in February 2026 was recorded as $ 3,288 million in comparison to $ 3,464 million and $ 3,127 million inflows of January 2026 and February 2025 respectively.

Meanwhile, the Balance on Secondary Income during July-February FY26 has recorded a surplus of $ 28,161 million as compared to a surplus of $ 25,196 million in the first eight months of the previous fiscal year, the SBP data showed.