Current Account in Pakistan

Pakistan Current Account | Economic News & Forecasts

Pakistan - Current Account

The economy is showing signs of stabilization. The large current account deficit narrowed slightly in the first half of the fiscal year, which runs through June, while the weakening of the rupee has slowed substantially in recent months. Nevertheless, S&P Global Ratings lowered its credit rating for Pakistan on 4 February to B- from B, partly due to the slow negotiations between the cash-strapped government and the IMF on a financial support deal. On 12 February, however, the finance minister said the two sides were “very close” to an agreement, while a Saudi state visit to Pakistan in on 17 February resulted in USD 20 billion of new investment.

Pakistan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-1.1  -1.3  -1.0  -1.7  -4.0  

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Pakistan Current Account Chart


Pakistan Current Account
Note: Current account balance as % of GDP.
Source: State Bank of Pakistan.

Pakistan Facts

ValueChangeDate
Bond Yield13.110.0 %Mar 11
Exchange Rate139.7-0.05 %Mar 11

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