Pakistan recorded a Current Account deficit of 1.10 percent of the country's Gross Domestic Product in 2020. source: State Bank of Pakistan

Current Account to GDP in Pakistan averaged -2.39 percent from 1980 until 2020, reaching an all time high of 4.90 percent in 2003 and a record low of -8.50 percent in 2008. This page provides - Pakistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan Current Account to GDP - values, historical data and charts - was last updated on November of 2020.

Current Account to GDP in Pakistan is expected to reach -3.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan Current Account to GDP is projected to trend around -2.50 percent in 2021 and -3.50 percent in 2022, according to our econometric models.

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Pakistan Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-1.10 -4.80 4.90 -8.50 1980 - 2020 percent Yearly

Pakistan Trade Last Previous Highest Lowest Unit
Balance of Trade -283592.00 -403393.00 6457.00 -452668.00 PKR Million [+]
Current Account 778.00 -286.00 1418.00 -6308.00 USD Million [+]
Current Account to GDP -1.10 -4.80 4.90 -8.50 percent [+]
Imports 622882.00 716717.00 734578.00 96.00 PKR Million [+]
Exports 339290.00 313324.00 339290.00 51.00 PKR Million [+]
External Debt 113803.00 112858.00 113803.00 33172.00 USD Million [+]
Terms of Trade 61.40 62.10 94.80 49.20 points [+]
Remittances 7147.00 5478.00 7147.00 906.00 USD Million [+]
Gold Reserves 64.64 64.60 65.44 64.38 Tonnes [+]
Foreign Direct Investment 112.30 114.30 1262.90 -367.50 USD Million [+]
Capital Flows 818.00 -1996.00 1620.00 -5364.00 USD Million [+]
Crude Oil Production 85.00 85.00 97.00 50.00 BBL/D/1K [+]
Terrorism Index 7.89 8.18 9.07 6.12 [+]


Pakistan Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.