The Gross Domestic Product (GDP) in Pakistan expanded 2 percent in the second quarter of 2025 over the same quarter of the previous year. This dataset provides - Pakistan GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Pakistan: Economic growth: the rate of change of real GDP: The latest value from 2024 is 3.23 percent, an increase from -0.04 percent in 2023. In comparison, the world average is 3.20 percent, based on data from 177 countries. Historically, the average for Pakistan from 1961 to 2024 is 4.96 percent. The minimum value, -1.27 percent, was reached in 2020 while the maximum of 11.35 percent was recorded in 1970.

The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. This dataset provides - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

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: Economic growth forecast: The latest value from 2030 is 4.5 percent, unchanged from 4.5 percent in 2029. In comparison, the world average is 3.25 percent, based on data from 182 countries. Historically, the average for Pakistan from 1980 to 2030 is 4.52 percent. The minimum value, -0.94 percent, was reached in 2020 while the maximum of 8.71 percent was recorded in 1985.

Pakistan PK: GDP: Growth data was reported at 5.701 % in 2017. This records an increase from the previous number of 5.527 % for 2016. Pakistan PK: GDP: Growth data is updated yearly, averaging 4.963 % from Jun 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 11.353 % in 1970 and a record low of 0.468 % in 1971. Pakistan PK: GDP: Growth data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GDP at market prices based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GDP 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.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Key information about Pakistan Nominal GDP Growth

• Pakistan Nominal GDP Growth was reported at 25.810 % in Dec 2024.
• This records a decrease from the previous number of 25.940 % for Dec 2023.
• Pakistan Nominal GDP Growth data is updated yearly, averaging 12.331 % from Dec 2001 to 2024, with 24 observations.
• The data reached an all-time high of 25.940 % in 2023 and a record low of 6.618 % in 2002.
• Pakistan Nominal GDP Growth data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Nominal GDP: Y-o-Y Growth: Annual.

CEIC shifts year-end for annual Nominal GDP Growth. Nominal GDP Growth is calculated from annual Nominal GDP. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. Nominal GDP is reported in annual frequency, ending in June of each year.

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.

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.

GDP Growth of Pakistan

Pakistan PK: GDP: Growth: Gross Capital Formation data was reported at 9.545 % in 2017. This records an increase from the previous number of 7.273 % for 2016. Pakistan PK: GDP: Growth: Gross Capital Formation data is updated yearly, averaging 4.341 % from Jun 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 60.032 % in 1961 and a record low of -24.096 % in 1966. Pakistan PK: GDP: Growth: Gross Capital Formation data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual growth rate of gross capital formation based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Gross capital formation (formerly gross domestic investment) consists of outlays on additions to the fixed assets of the economy plus net changes in the level of inventories. Fixed assets include land improvements (fences, ditches, drains, and so on); plant, machinery, and equipment purchases; and the construction of roads, railways, and the like, including schools, offices, hospitals, private residential dwellings, and commercial and industrial buildings. Inventories are stocks of goods held by firms to meet temporary or unexpected fluctuations in production or sales, and 'work in progress.' According to the 1993 SNA, net acquisitions of valuables are also considered capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Graph and download economic data for Gross Domestic Product for Pakistan (MKTGDPPKA646NWDB) from 1960 to 2024 about Pakistan and GDP.

In 2023, agriculture contributed around 23.33 percent to the GDP of Pakistan, 20.68 percent came from the industry, and over half of the economy’s contribution to GDP came from the services sector. Divisions of the economy There are three main sectors of economy: The primary sector encompassed agriculture, fishing and mining. The secondary sector is the manufacturing sector, also known as the industry sector; and last but not least, the tertiary sector, alias the services sector, which includes services and intangible goods, like tourism, financial services, or telecommunications. Today, most developed countries have a well-established services sector that contributes the lion’s share to their GDP. On the other hand, economies that still need support and are still developing typically rely on agriculture to fuel their economy. If they transition to a developed nation, it is usually because their economy is now able to focus on services as an economic driver. Pakistan’s economic driver Although Pakistan is not considered a fully developed nation yet, over half of its annual GDP is now generated by the services sector. However, the primary sector plays an important role for the country: It is still responsible for almost a quarter of GDP contribution, and it employs almost half of Pakistan’s workforce. Pakistan is rich in arable land, which explains why the majority of the Pakistani population lives in rural areas, producing and selling sugarcane, wheat, cotton, and rice, which are also exported to other countries.

Historical dataset showing Pakistan economic growth by year from 1960 to 2023.

Pakistan PK: GDP: Growth: GNI per Capita data was reported at 3.031 % in 2017. This records a decrease from the previous number of 3.551 % for 2016. Pakistan PK: GDP: Growth: GNI per Capita data is updated yearly, averaging 2.114 % from Jun 1987 (Median) to 2017, with 31 observations. The data reached an all-time high of 6.924 % in 1987 and a record low of -1.935 % in 1997. Pakistan PK: GDP: Growth: GNI per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth rate of GNI per capita based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. GNI per capita is gross national income divided by midyear population. GNI (formerly GNP) is the sum of value added by all resident producers plus any product taxes (less subsidies) not included in the valuation of output plus net receipts of primary income (compensation of employees and property income) from abroad.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

Pakistan PK: GDP: Growth: Adjusted Net National Income per Capita data was reported at 5.081 % in 2016. This records an increase from the previous number of 4.010 % for 2015. Pakistan PK: GDP: Growth: Adjusted Net National Income per Capita data is updated yearly, averaging 2.010 % from Jun 1987 (Median) to 2016, with 30 observations. The data reached an all-time high of 8.202 % in 1987 and a record low of -2.050 % in 2008. Pakistan PK: GDP: Growth: Adjusted Net National Income per Capita data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.; ; World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).; Weighted average;

Full Year GDP Growth in Pakistan increased to 2.68 percent in 2025 from 2.51 percent in 2024. This dataset includes a chart with historical data for Pakistan Full Year GDP Growth.

Pakistan PK: GDP: Growth: Gross Value Added: Services data was reported at 5.545 % in 2016. This records an increase from the previous number of 4.361 % for 2015. Pakistan PK: GDP: Growth: Gross Value Added: Services data is updated yearly, averaging 5.213 % from Dec 1961 (Median) to 2016, with 56 observations. The data reached an all-time high of 14.448 % in 1966 and a record low of 0.542 % in 1962. Pakistan PK: GDP: Growth: Gross Value Added: Services data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank: Gross Domestic Product: Annual Growth Rate. Annual growth rate for value added in services based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. Services correspond to ISIC divisions 50-99. They include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted Average;

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.