Pakistan Records Current Account Surplus & Uppermost Ever IT Exports in September 2025
Pakistan achieves a $110mn current account surplus in Sep’25 and records the highest-ever IT exports worth $366mn, showing 21% YoY growth, according to the State Bank of Pakistan.
KARACHI: Tariq Masaud Alyani
A boon for Pakistan’s economy, the State Bank of Pakistan announced that its current account was in surplus, turning the corner from a deficit over several months.
Pakistan recorded a current account surplus of $110 million in September 2025 compared with a deficit of $325 million during same month last year (2024), SBP's updated data showed. This is the first on-going account surplus of FY 25-26.
As a result, the Current Account Deficit (CAD) of Q1-FY 25-26 (July–Sep 2025) has shrunk to $594 million, which marks an 18% y-o-y growth.
Pakistan’s IT and technology exports hit an all time monthly high of $366 million in September 2025. The extraordinary performance push to IT exports for 1QFY26 up by 21% YoY, highlighting the sector’s growing role in the country’s external account stability.
Economists note that succeeding a current account surplus despite motionless overall exports is a “notable success,” driven largely by higher remittances and controlled import pressures.
Meanwhile, Pakistan’s Real Effective Exchange Rate (REER) index appreciated slightly to 101.7 in September 2025, gesturing relative currency stability.
Experts believe that if these trends continue, Pakistan could see reduced external pressure & an improved foreign exchange reserve position in the coming quarters, further consolidation macroeconomic stability.
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