Pakistan’s current account slipped into a deficit of $112 million in October 2025, according to data released by the State Bank of Pakistan (SBP) on Monday.

In comparison, the current account had recorded a surplus of $83 million in September 2025 and a surplus of $296 million in October 2024.

The deficit came on the back of a significantly higher import bill and lower exports during the month.

The trade deficit in goods and services last month was recorded at $274 million.

Cumulatively, the current account deficit for the first four months of the ongoing fiscal year (July–October 2025) stood at $7.33 billion, significantly higher than the $2.06 billion deficit recorded in the same period of the previous fiscal year.

In October 2025, the country’s total export of goods and services amounted to $3.57 billion, down nearly 4% as compared to $3.71 billion in the same month of the previous year, according to a report in Business Recorder.

Meanwhile, total imports clocked in at $6.32 billion during October 2025, an increase of over 13% on a yearly basis, as compared to $5.58 billion in the same month last year, according to SBP data.