The Gross Domestic Product (GDP) in Pakistan was worth 338.37 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Pakistan represents 0.32 percent of the world economy. This dataset provides - Pakistan GDP - 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.

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.

The ratio of national debt to gross domestic product (GDP) in Pakistan was forecast to continuously decrease between 2024 and 2029 by in total 8.6 percentage points. After the fourth consecutive decreasing year, the ratio is estimated to reach 60.68 percent and therefore a new minimum in 2029. This indicator describes the general government gross debt in relation to the country's GDP. According to the International Monetary Fund, gross debt consists of all liabilities that require payment or payments of interest and/or principal by the debtor to the creditor at a date or dates in the future. The GDP, on the other hand, refers to the total value of final goods and services produced during a year.Find more key insights for the ratio of national debt to gross domestic product (GDP) in countries like Nepal, Afghanistan, and Bangladesh.

The gross domestic product (GDP) in current prices in Pakistan increased by 37.1 billion U.S. dollars (+10.99 percent) in 2024. In total, the GDP amounted to 374.6 billion U.S. dollars in 2024. The gross domestic product at current prices is defined 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.Find more key insights for the gross domestic product (GDP) in current prices in countries like Bangladesh, India, and Sri Lanka.

GDP, PPP (current international $) in Pakistan was reported at 1494098200132 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Pakistan trade to gdp ratio for 2023 was 28.10%, a 4.94% decline from 2022.

• Pakistan trade to gdp ratio for 2022 was 33.04%, a 6.01% increase from 2021.
• Pakistan trade to gdp ratio for 2021 was 27.03%, a 0.31% increase from 2020.
• Pakistan trade to gdp ratio for 2020 was 26.72%, a 2.19% decline from 2019.

In 2023, India’s real gross domestic product (GDP) growth rate was around 8.15 percent, the highest in South Asia. In contrast, Nepal reported the lowest real GDP growth rate in the region at approximately 1.95 percent that year, but it was forecasted to increase by 2.5 times to nearly 4.9 percent in 2025.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 2.6 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.

GDP, PPP (constant 2017 international $) in Pakistan was reported at 1346223385115 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The Gross Domestic Product per capita in Pakistan was last recorded at 5439.19 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Pakistan, when adjusted by Purchasing Power Parity is equivalent to 31 percent of the world's average. This dataset provides - Pakistan GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2024, the gross domestic product (GDP) per capita in Pakistan increased by 129.6 U.S. dollars (+8.89 percent) compared to 2023. In total, the GDP per capita amounted to 1,587.6 U.S. dollars in 2024. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Bangladesh, Afghanistan, and India.

GDP from Agriculture in Pakistan increased to 8982649 PKR Million in 2023 from 8784839 PKR Million in 2022. This dataset provides - Pakistan Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

In terms of real gross domestic product (GDP) growth in selected countries across all regions, India is estimated to have the largest growth in 2023, followed by the Philippines and Kazakhstan. Moreover, GDP growth rates are estimated to be negative in Germany, Argentina, and Pakistan that year.

GDP Deflator in Pakistan increased to 203.33 points in 2022 from 162.72 points in 2021. This dataset provides - Pakistan GDP Deflator - actual values, historical data, forecast, chart, statistics, economic calendar and news.

International debt issues to GDP (%) in Pakistan was reported at 2.3892 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - International debt issues to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Manufacturing refers to industries belonging to ISIC divisions 15-37. 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 origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Data are in current U.S. dollars.

Gross portfolio equity liabilities to GDP (%) in Pakistan was reported at 1.1072 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - Gross portfolio equity liabilities to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The share in the global GDP adjusted for PPP in Pakistan was forecast to continuously increase between 2024 and 2029 by in total 0.04 percentage points. After the fourth consecutive increasing year, the share is estimated to reach 0.85 percent and therefore a new peak in 2029. Following the definitions provided by the International Monetary Fund, this indicator describes the share of a country's gross domestic product in the global gross domestic product. To this end the GDP (indicating the total value of final goods and services produced during a year) has been adjusted for purchasing power parity and set in relation to the purchasing power adjusted global GDP value.Find more key insights for the share in the global GDP adjusted for PPP in countries like Nepal, India, and Bangladesh.

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).

In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but an ever sharper one compared to four years earlier. Over the next few years, forecasts estimate it to level off at around 6.5 percent.

Pakistan‘s more or less fragile economy

Pakistan is one of the most populous countries in the worldwith a large Muslim population and a rather low urbanization rate, which means that the majority of Pakistanis live in rural areas. However, the majority of the country's GDP is generated by the services sector, which also employs most of the workforce. As of now, Pakistan’s economic growth seems stable, but that wasn’t always the case.

Stable growth ahead?

Like many others, Pakistan’s economy suffered during the 2009 financial crisis, and while it has recovered today, inflation was still over 10 percent in 2012. GDP slumped during that time as well, but now, ten years later, it has almost tripled and seems to be on an upward trend. Although its GDP generation now mainly relies on services, Pakistan still exports agricultural goods like cotton. However, the country still struggles with an increasing trade deficit and thus rising national debt – two factors that could hinder economic growth in the future.