Overview
- State Bank of Pakistan data show a $244 million current account deficit in December 2025 after a $98 million surplus in November.
- The July–December FY26 balance registered a $1.174 billion deficit versus a $957 million surplus in the same period a year earlier.
- Goods imports rose to $5.74 billion in December while exports totaled $2.75 billion, widening the merchandise gap.
- Services trade posted a roughly $370 million shortfall, remittances reached $3.59 billion, and the financing account recorded a $596 million net outflow.
- Net FDI swung to a $135 million outflow in December, with analysts linking a $376 million Norway outflow to Telenor’s exit, and 1HFY26 FDI fell about 43% to around $808 million.