Climate can impact fish population dynamics through changes in productivity and shifts in distribution, and both responses have been observed for many fish species. However, few studies have incorporated climate into population dynamics or stock assessment models. This study aimed to uncover how past variations in population vital rates and fishing pressure account for observed abundance variation in summer flounder (Paralichthys dentatus). The influences of the Gulf Stream Index, an index of climate variability in the Northwest Atlantic, on abundance were explored through natural mortality and stock–recruitment relationships in age-structured hierarchical Bayesian models. Posterior predictive loss and deviance information criterion indicated that out of tested models, the best estimates of summer flounder abundances resulted from the climate-dependent natural mortality model that included log-quadratic responses to the Gulf Stream Index. This climate-linked population model demonstrates the role of climate responses in observed abundance patterns and emphasizes the complexities of environmental effects on populations beyond simple correlations. This approach highlights the importance of modeling the combined effect of fishing and climate simultaneously to understand population dynamics.