Pakistan’s current account surplus has collapsed by nearly 99 percent to just $8 million during the first nine months of FY26, compared to a surplus of $1,674 million in the same period last year, despite occasional monthly improvements.

In March 2026, the country recorded a current account surplus of $1,070 million, showing a recovery from $231 million in February 2026, though still lower than the $1,275 million surplus reported in March 2025, according to official data.

Despite the stronger monthly performance in March, the overall nine-month trend remains significantly weaker, reflecting mounting pressure on the external account throughout FY26.