Pakistan posts $427mn current account surplus in February 2026

Pakistan recorded a current account surplus of $427 million in February 2026, according to data released by the State Bank of Pakistan (SBP) on Monday.

However, on a cumulative basis, the country posted current account deficit of $700 million during Jul-Feb FY26, compared to a surplus of $479 million in the same period last fiscal year.

On a month-on-month basis, the current account improved from a $68 million (revised) surplus in January 2026 to a $427 million surplus in February 2026.

In a post on X, Finance minister’s advisor Khurram Schehzad said February 2026 marked highest C/A since March 2025.

“Pakistan records its largest current account surplus of 2026, posting a $427 million surplus in Feb-26 - the highest since March 2025 ($1.28 billion).

“This also marks the second consecutive monthly surplus, following a $60 million surplus in Jan-26, signaling continued improvement in Pakistan’s external sector,” he wrote.

“The back-to-back surpluses reflect strong remittance inflows, improving vakue-added exports, and disciplined imports (growth-driven), strengthening macroeconomic stability and easing pressure on external financing.

“Though challengea exist given the regional conflict, however, Pakistan’s stablized external account with adequate buffers is a key milestone for sustainable economic recovery and investor confidence, the advisor said.