Current Account in Pakistan

Pakistan Current Account | Economic News & Forecasts

Pakistan - Current Account

The economy likely capped FY 2019, which ended in June, on a sour note. Industrial production declined in April–May, while merchandise exports fell sharply throughout Q4 FY 2019. Turning to the first quarter of this fiscal year, while the IMF bailout and additional multilateral lending to the tune of USD 39 billion over the next three years should bolster the economy, it will likely only cover a portion of Pakistan’s exorbitant external financing requirements. Meanwhile, tensions between Pakistan and India escalated in recent weeks after India’s Parliament voted to remove the special status of the Muslim-dominated Jammu and Kashmir province, over which the two countries have already fought three wars. In retaliation, Pakistan has suspended all trade with India. While the economic impact at present is muted, a further escalation could hurt investor confidence and investment.

Pakistan - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-1.1  -1.3  -1.0  -1.7  -4.1  

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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

Bond Yield13.260.0 %Sep 04
Exchange Rate156.8-0.05 %Sep 04

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