The Gross Domestic Product (GDP) in Pakistan was worth 373.07 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Pakistan represents 0.35 percent of the world economy. This dataset provides - Pakistan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Pakistan GDP for 2023 was 337.91 billion US dollars, a 9.86% decline from 2022.

<ul style='margin-top:20px;'>

<li>Pakistan GDP for 2022 was <strong>374.89 billion US dollars</strong>, a <strong>7.57% increase</strong> from 2021.</li>
<li>Pakistan GDP for 2021 was <strong>348.52 billion US dollars</strong>, a <strong>16.01% increase</strong> from 2020.</li>
<li>Pakistan GDP for 2020 was <strong>300.43 billion US dollars</strong>, a <strong>6.38% decline</strong> from 2019.</li>
</ul>GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

The gross domestic product (GDP) in current prices in Pakistan was approximately 373.08 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by around 334.46 billion U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.

Key information about Pakistan Real GDP Growth

• The Gross Domestic Product (GDP) in Pakistan expanded 1.7 % YoY in Jun 2023, following a growth of 4.7 % in the previous year.
• Real GDP Growth YoY data in Pakistan is updated yearly, available from Jun 2001 to Jun 2023, with an average rate of 4.2 %.
• The data reached an all-time high of 7.8 % in Jun 2004 and a record low of -1.3 % in Jun 2020.

CEIC calculates annual Real GDP Growth from annual Real GDP. The Pakistan Bureau of Statistics provides Real GDP in local currency, at chain linked 2015-2016 prices. Real GDP Growth is in annual frequency, ending in June of each year.


Related information about Pakistan Real GDP Growth

• In the latest reports, Nominal GDP of Pakistan reached 375.4 USD bn in Jun 2022.
• Its GDP deflator (implicit price deflator) increased 25.0 % in Jun 2023.
• GDP Per Capita in Pakistan reached 1,552.3 USD in Jun 2021.
• Its Gross Savings Rate was measured at 6.0 % in Jun 2023.
• For Nominal GDP contributions, Investment accounted for 13.6 % in Jun 2023.
• Public Consumption accounted for 9.7 % in Jun 2023.
• Private Consumption accounted for 84.2 % in Jun 2023.

Pakistan’s gross domestic product (GDP) growth was 5.77 percent in 2021 after adjusting for inflation.

GDP in developing nations

Gross domestic product measures value of all final goods and services produced within a country’s borders during a certain period of time. In developing countries, GDP should rise more quickly due to “catch-up growth”. In many developing nations, employment is shifted from agriculture to the services sector; simply shifting workers from one sector to more productive sectors increases the income of both the workers and their employers, increasing GDP. This raises GDP per capita (383750), which gives a general idea of the level of development.

International setting

Due to historic tensions, Pakistan neither imports nor exports a significant amount from its neighbor India, favoring China instead. Its other neighbors, Afghanistan and Iran, are not as economically stable at the moment. Pakistan's own GDP is also not in the best shape and is expected to drop during 2019, however, Pakistan stands to benefit from China’s Belt and Road Initiative, which would revive the trading routes that made Pakistan wealthy in past centuries. If this comes to fruition, the GDP for Pakistan is sure to increase.

The Gross Domestic Product per capita in Pakistan was last recorded at 1643.68 US dollars in 2024. The GDP per Capita in Pakistan is equivalent to 13 percent of the world's average. This dataset provides - Pakistan GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Household Income per Capita

• Pakistan Annual Household Income per Capita reached 587.069 USD in Jun 2019, compared with the previous value of 650.644 USD in Jun 2016.
• Pakistan Annual Household Income per Capita data is updated yearly, available from Jun 2005 to Jun 2019, with an averaged value of 508.977 USD.
• The data reached an all-time high of 650.644 USD in Jun 2016 and a record low of 290.069 USD in Jun 2005.

CEIC calculates Annual Household Income per Capita from annual Monthly Average Household Income multiplied by 12 and annual Average Household Size and converts it into USD. The Pakistan Bureau of Statistics provides Average Household Income in local currency and Average Household Size. The State Bank of Pakistan average market exchange rate is used for currency conversions. Household Income per Capita is in annual frequency, ending in June of each year.

In 2024, India’s real gross domestic product (GDP) growth rate was around **** percent, the highest in South Asia. In contrast, Nepal reported the lowest real GDP growth rate in the region at approximately **** percent that year, but it was forecasted to increase to **** percent in 2026.Economy in South Asia In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over *** trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.Society in South AsiaFrom the South Asian countries, Bangladesh had the highest share of people living below the poverty line. The Maldives and Sri Lanka exhibited the highest and second-highest GDP per capita among the South Asian countries in 2021.

By the year 2030, it is projected that China will eclipse the United States and have the largest gross domestic product (GDP) in the world, at 31.7 trillion U.S. dollars. The United States is projected to have the second largest GDP, at 22.9 trillion U.S. dollars.

What is gross domestic product?

Gross domestic product, or GDP, is an economic measure of a country’s production in time. It includes all goods and services produced by a country and is used by economists to determine the health of a country’s economy. However, since GDP just shows the size of an economy and is not adjusted for the country’s size, this can make direct country comparisons complicated.

The growth of the global economy

Currently, the United States has the largest GDP in the world, at 20.5 trillion U.S. dollars. China has the second largest GDP, at 13.4 trillion U.S. dollars. In the coming years, production will become faster and more global, which will help to grow the global economy.

Key information about Pakistan Monthly Earnings

• Pakistan Monthly Earnings stood at 150 USD in Jun 2021, compared with the previous figure of 157 USD in Jun 2019
• Pakistan Monthly Earnings data is updated yearly, available from Jun 2008 to Jun 2021, with an average number of 127 USD
• The data reached the an all-time high of 171 USD in Jun 2018 and a record low of 97 USD in Jun 2009

CEIC converts Monthly Earnings into USD. The Pakistan Bureau of Statistics provides Average Monthly Earnings in local currency. The International Monetary Fund average market exchange rate is used for currency conversions. Monthly Earnings are in annual frequency, ending in June of each year.


Further information about Pakistan Monthly Earnings

• In the latest reports, Pakistan Population reached 229 million people in Jun 2022
• Unemployment Rate of Pakistan dropped to 6 % in Jun 2021
• The country's Labour Force Participation Rate increased to 32 % in Dec 2021

GDP from Agriculture in Pakistan decreased to 2370651 PKR Million in the first quarter of 2025 from 2388270 PKR Million in the fourth quarter of 2024. This dataset provides - Pakistan Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Total Imports from USA

• Pakistan Total Imports from USA recorded 185.170 USD mn in Dec 2024, compared with 156.115 USD mn in the previous month
• Pakistan Total Imports from USA data is updated monthly, available from Jan 2006 to Dec 2024, with an averaged value of 122.261 USD mn
• The data reached an all-time high of 337.964 USD mn in Jun 2022 and a record low of 49.200 USD mn in Nov 2011

The State Bank of Pakistan provides monthly Total Imports from USA, CIF, in USD.

Key information about Pakistan Market Capitalization: % of GDP

• Pakistan Market Capitalization accounted for 9.8 % of its Nominal GDP in Jun 2024, compared with a percentage of 7.6 % in the previous year
• Pakistan Market Capitalization: % Nominal GDP is updated yearly, available from Jun 2000 to Jun 2024
• The data reached an all-time high of 36.0 % in Jun 2007 and a record low of 6.0 % in Jun 2001

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Pakistan Stock Exchange Limited provides Market Capitalization in local currency. The Pakistan Bureau of Statistics provides Nominal GDP in local currency

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Foreign Exchange Reserves in Pakistan increased to 16597.70 USD Million in May from 14759.40 USD Million in April of 2025. This dataset provides the latest reported value for - Pakistan Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Key information about Pakistan Total Exports

• Pakistan Total Exports recorded 3.0 USD bn in Jan 2025, compared with 2.9 USD bn in the previous month
• Pakistan Total Exports data is updated monthly, available from Jan 1996 to Jan 2025, with an averaged value of 1.6 USD bn
• The data reached an all-time high of 3.0 USD bn in Oct 2024 and a record low of 547.2 USD mn in Jan 1999

1.The Pakistan Bureau of Statistics provides Total Exports, FOB, in USD. Exports Goods only.


Further information about Pakistan Total Exports

• In the latest reports, Pakistan Total Exports grew 5.1 % YoY in Jan 2025
• Total Imports recorded 5.3 USD bn in Jan 2025, which registered an increase of 9.9 % year on year
• Pakistan Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025

Key information about Pakistan Total Exports to USA

• Pakistan Total Exports to USA recorded 579.752 USD mn in Jun 2022, compared with 547.862 USD mn in the previous May 2022
• Pakistan Total Exports to USA data is updated monthly, available from Jan 1969 to Jun 2022, with an averaged value of 110.007 USD mn
• The data reached an all-time high of 661.375 USD mn in Apr 2022 and a record low of 0.150 USD mn in Jan 1974

CEIC converts monthly Total Exports to USA into USD. Pakistan Bureau of Statistics provides Total Exports to USA, FOB, in local currency. The State Bank of Pakistan average market exchange rate is used for currency conversions. Total Exports to USA prior to December 1987 is sourced from the International Monetary Fund.

Imports in Pakistan decreased to 1458331 PKR Million in May from 1570883 PKR Million in April of 2025. This dataset provides - Pakistan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Exports: Telecommunication Equipment

• Pakistan Exports: Telecommunication Equipment was reported at 14,941.392 USD th in Dec 2023
• This records an increase from the previous number of 9,481.001 USD th for Dec 2022
• Pakistan Exports: Telecommunication Equipment data is updated yearly, averaging 14,941.392 USD th from Dec 1995 to 2023, with 29 observations
• The data reached an all-time high of 87,406.671 USD th in 2006 and a record low of 257.696 USD th in 1998
• Pakistan Exports: Telecommunication Equipment data remains active status in CEIC and is reported by United Nations Conference on Trade and Development
• The data is categorized under World Trend Plus’s Association: Electronic Sector – Table RF.UNCTAD.TE: Telecommunication Equipment: Export Value

Key information about Pakistan's Trade Balance

• Pakistan's Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025, compared with a deficit of 2.4 USD bn in the previous month
• Pakistan's Trade Balance data is updated monthly, available from Jan 1968 to Jan 2025, with an averaged value of -235.2 USD mn
• The data reached an all-time high of 110.6 USD mn in Jun 1991 and a record low of -5.0 USD bn in Nov 2021

CEIC extends history for monthly Trade Balance. The Pakistan Bureau of Statistics provides Trade Balance in USD. Trade Balance prior to January 1996 is sourced from the International Monetary Fund.

Further information about Pakistan's Trade Balance

• In the latest reports, Pakistan's Total Exports reached 3.0 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)
• Total Imports recorded 5.3 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)