Current Account in Pakistan

Pakistan Current Account | Economic News & Forecasts

Pakistan - Current Account

The economy has had a mixed start to FY 2019, which began in July. In November, the Central Bank’s foreign exchange reserves were broadly steady after falling significantly in the preceding months. For its part, the large current account deficit narrowed slightly in July–October from the same period a year earlier, primarily due to higher remittances. These inflows helped outweigh a sharp rise in the merchandise import bill caused by higher oil prices. Meanwhile, security concerns were raised on 23 November when a Chinese consulate was attacked by militants.

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

Bond Yield13.290.0 %Jan 16
Exchange Rate139.9-0.05 %Jan 16

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