Pakistan’s economy achieved a remarkable milestone in March 2025, posting a record $1.2 billion current account surplus.
According to data released by the State Bank of Pakistan (SBP) on Thursday. This represents a dramatic reversal from the revised $97 million deficit recorded in February 2025 and a massive 230% year-on-year increase from the $363 million surplus in March 2024.
Leading brokerage firms Topline Securities and Arif Habib Limited confirmed this as the “highest-ever monthly current account surplus” in Pakistan’s economic history. The strong March performance helped push the cumulative current account balance to a $1.86 billion surplus for the first nine months of FY2024- 25 – a significant improvement from the $1.65 billion deficit during the same period last fiscal year.
In March, worker remittances soared to $4.05 billion, marking an extraordinary 71% increase year-on-year. Goods and services exports rose 8.7% to $3.51 billion compared to March 2024. While imports grew 8% year-on-year to $5.92 billion, various economic measures helped balance the trade equation
Read:State Bank of Pakistan Issues Digital Banking License to Easy Paisa Bank
Khurram Schehzad, Advisor to the Finance Minister, noted: “With oil prices down and remittances hitting record levels, Pakistan’s current account is expected to remain in surplus through June FY25, and possibly into FY26. This will significantly boost investor confidence in our economy.”
While celebrating this achievement, experts caution that challenges remain, including persistent inflation and modest economic growth. However, the March 2025 figures demonstrate Pakistan’s improving economic fundamentals and ability to maintain external sector stability.
