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 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.

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.

Pakistan PK: Gross Domestic Product (GDP) data was reported at 29,102.630 PKR bn in 2016. This records an increase from the previous number of 27,443.022 PKR bn for 2015. Pakistan PK: Gross Domestic Product (GDP) data is updated yearly, averaging 580.848 PKR bn from Dec 1953 (Median) to 2016, with 64 observations. The data reached an all-time high of 29,102.630 PKR bn in 2016 and a record low of 13.032 PKR bn in 1953. Pakistan PK: Gross Domestic Product (GDP) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Pakistan – Table PK.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

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.

Historical dataset showing Pakistan gdp growth rate by year from 1961 to 2023.

Historical dataset showing Pakistan GDP per capita by year from 1960 to 2023.

Key information about Pakistan Nominal GDP

• Pakistan Nominal GDP reached 341.3 USD bn in Jun 2023, compared with 375.4 USD bn in the previous year.
• Nominal GDP in Pakistan is updated yearly, available from Jun 2000 to Jun 2023, with an average number of 240.6 USD bn.
• The data reached an all-time high of 375.4 USD bn in Jun 2022 and a record low of 96.8 USD bn in Jun 2001.

CEIC converts annual Nominal GDP into USD. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. The State Bank of Pakistan average market exchange rate is used for currency conversions. Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan Nominal GDP

• In the latest reports, Pakistan GDP expanded 1.7 % YoY in Jun 2023.
• Its GDP deflator (implicit price deflator) increased 25.0 % in Jun 2023.
• Pakistan GDP Per Capita 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.

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.

Pakistan PK: GDP data was reported at 31,962,610.000 PKR mn in 2017. This records an increase from the previous number of 29,075,633.000 PKR mn for 2016. Pakistan PK: GDP data is updated yearly, averaging 722,567.004 PKR mn from Jun 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 31,962,610.000 PKR mn in 2017 and a record low of 17,653.000 PKR mn in 1960. Pakistan PK: GDP 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: Nominal. 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 local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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 GDP Deflator Growth

• Pakistan GDP deflator (implicit price deflator) increased 25.0 % in Jun 2023, compared with an increase of 14.0 % in the previous year.
• Pakistan GDP Deflator Growth data is updated yearly, available from Jun 2001 to Jun 2023, with an average rate of 7.4 %.
• The data reached an all-time high of 25.0 % in Jun 2023 and a record low of 0.9 % in Jun 2016.

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


Related information about Pakistan GDP Deflator Growth

• In the latest reports, Pakistan GDP expanded 1.7 % YoY in Jun 2023.
• Its Nominal GDP reached 375.4 USD bn in Jun 2022.
• Pakistan GDP Per Capita reached 1,552.3 USD in Jun 2021.
• Its Gross Savings Rate was measured at 6.0 % in Jun 2023.

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;

GDP (current US$) in Pakistan was reported at 373071855732 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Pakistan Public Consumption: % of GDP

• Pakistan Public Consumption accounted for 8.5 % of its Nominal GDP in Jun 2024, compared with a share of 10.3 % in the previous year.
• Pakistan Public Consumption share of Nominal GDP ratio is updated yearly, available from Jun 1960 to Jun 2024, with an average number of 10.7 %.
• The data reached an all-time high of 16.8 % in Jun 1989 and a record low of 8.5 % in Jun 2024.

CEIC calculates Government Consumption as % of Nominal GDP from annual Government Consumption Expenditure and annual Nominal GDP. The Pakistan Bureau of Statistics provides Government Consumption Expenditure in local currency and Nominal GDP in local currency. Government Consumption as % of Nominal GDP prior to 2000 is sourced from the World Bank. Government Consumption as % of Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan Public Consumption: % of GDP

• In the latest reports, Pakistan GDP expanded 1.7 % YoY in Jun 2023.
• Pakistan Nominal GDP reached 341.3 USD bn in Jun 2023.
• Its GDP deflator (implicit price deflator) increased 25.0 % in Jun 2023.
• Pakistan GDP Per Capita reached 1,552.3 USD in Jun 2021.
• Its Gross Savings Rate was measured at 6.3 % in Jun 2024.
• For Nominal GDP contributions, Investment accounted for 12.9 % in Jun 2024.
• Private Consumption accounted for 85.2 % in Jun 2024.

Historical dataset showing Pakistan debt to gdp ratio by year from 1990 to 2000.

Historical dataset showing Pakistan trade to gdp ratio by year from 1960 to 2023.

Pakistan: Government spending as percent of GDP: The latest value from 2024 is 8.5 percent, a decline from 10.31 percent in 2023. In comparison, the world average is 14.67 percent, based on data from 101 countries. Historically, the average for Pakistan from 1960 to 2024 is 11.15 percent. The minimum value, 8.5 percent, was reached in 2024 while the maximum of 16.78 percent was recorded in 1989.

GDP from Services in Pakistan increased to 6092258 PKR Million in the first quarter of 2025 from 5978270 PKR Million in the fourth quarter of 2024. This dataset provides - Pakistan Gdp From Services- actual values, historical data, forecast, chart, statistics, economic calendar and news.