Pakistan’s current account posted a surplus of $427 million in February 2026, according to the latest figures released by the State Bank of Pakistan (SBP) on Monday.

This marks a significant improvement compared to February 2025, when the current account had a deficit of $85 million. In January 2026, the account also recorded a smaller surplus of $68 million.

During the first eight months of FY26, Pakistan’s current account remained in a deficit of $700 million, in contrast to a $479 million surplus in the same period last year.

The data also showed that exports fell by 4.86 percent year-on-year, totaling $2.48 billion in February, down from $2.6 billion in the same month last year. Over the eight-month period, exports dropped by 5.4 percent to $20.7 billion.

On the other hand, imports rose by 2 percent in February 2026, reaching $5.15 billion compared to $5.05 billion last year. Over the first eight months of FY26, imports surged by 9 percent, totaling $41.8 billion.

The figures reflect a mixed trade picture, with stronger remittances and other financial inflows supporting the current account, even as the trade deficit widened due to higher imports and declining exports.