In a significant economic milestone, Pakistan posted a record $1.2 billion current account surplus in March 2025 — the country's highest ever — on account of record high remittances from abroad.
Remittances jumped to a record high of $4.1 billion during March, as for the first time, the figure crossed $4 billion during a single month, according to the State Bank of Pakistan.
For the first nine months of the current fiscal year, Pakistan’s current account has remained in surplus, totaling $1.85 billion. Even in March 2024, the surplus stood at $363 million, but this year’s leap is extraordinary.
Another contributing factor was a reduction in the trade deficit. Pakistan imported goods worth $4.94 billion—2% less than before, while exports increased by 6% to $2.76 billion. The change led to an 11% monthly drop in the trade gap.
These events not only indicate robust economic fundamentals but also underscore the unflinching support of foreign Pakistanis, whose remittances are helping to stabilize the country's financial prospects