PAKISTAN’S CURRENT

ACCOUNT BALANCE
(JULY - MARCH ‘22-23 VS. JULY - MARCH ‘21-22)

S o u r c e : S ta t e B a n k o f Pa k i sta n
 Summary of the Current Account Balance
Current Account for the Period JULY - MARCH '22-23 Compared Against the Period JUL Y- MARCH '21-22

Jul-Mar ‘22-23 Jul-Mar ‘21-22

% Change in Value
Items YoY
(Million US$) (Million US$)

Current Account Balance -3,372 -13,014 -74.09%

Current Account Balance without Official Transfers -3,623 -13,277 -72.71%

Balance on Trade in Goods and Services -20,635 -33,306 -38.04%

-29.73%
Balance on Trade in Goods -20,406 -29,040

Balance on Trade in Services -229 -4,266 -94.63%

Balance on Primary Income -3,895 -3,797 +2.58%

Balance on Secondary Income 21,158 24,089 -12.17%

 BREAK-UP
OF THE
CURRENT ACCOUNT BALANCE
JULY – MARCH‘23-22 VS. JULY – MARCH ‘21-22
Balance on Trade in Goods and Services
Jul-Mar ‘22-23 Jul-Mar ‘21-22
% Change in Value
Items YoY
(Million US$) (Million US$)

Balance on Trade in Goods and Services -20,635 -33,306 -38.04%

Balance on Trade in Goods -20,406 -29,040 -29.73%

Exports of Goods FOB 21,088 23,706 -11.04%

Imports of Goods FOB 41,494 52,746 -21.33%

Balance on Trade in Services -229 -4,266 -94.63%

Exports of Services 5,528 5,278 4.74%

Imports of Services 5,757 9,544 -39.68%

 Balance on Primary Income

Jul-Mar ‘22-23 Jul-Mar ‘21-22

% Change in Value
Items YoY
(Million US$) (Million US$)

Balance on Primary Income -3,895 -3,797 +2.58%

Primary Income Credit 765 465 +64.52%

Primary Income Debit 4,660 4,262 +9.34%

 Balance on Secondary Income
Jul-Mar ‘22-23 Jul-Mar ‘21-22 % Change in Value
Items YoY
(Million US$) (Million US$)

Balance on Secondary Income 21,158 24,089 -12.17%

Secondary Income Credit 21,389 24,316 -12.04%

General Government 262 283 -7.42%

Current International Cooperation 12 53 -77.36%

Other Official Current Transfers 250 230 +8.70%

Financial Corporations, NFCs*, Households and NPISHs 21,127 24,033 -12.09%

Workers' Remittances 20,527 23,019 -10.83%

Other Personal Transfers 0 0

Other Current Transfers 600 1,014 -40.83%

Secondary Income Debit 231 227 +1.76%