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’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.

• 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.

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.

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.

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.

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 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.

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.

Key information about Pakistan GDP Per Capita

• Pakistan Gross Domestic Product (GDP) per Capita reached 1,551.180 USD in Jun 2021, compared with 1,364.975 USD in Jun 2020.
• Pakistan GDP Per Capita data is updated yearly, available from Jun 1960 to Jun 2021, with an average number of 371.240 USD.
• The data reached an all-time high of 1,684.334 USD in Jun 2018 and a record low of 81.587 in Jun 1960.
• CEIC calculates GDP per Capita from annual Nominal GDP and annual Population and converts it into USD. The Pakistan Bureau of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015-2016. The Ministry of Planning, Development & Reforms provides Population. The State Bank of Pakistan average market exchange rate is used for currency conversions. Mid-year Population estimates are used for the calculation of GDP per Capita. GDP per Capita prior to 2016 is calculated from Nominal GDP based on SNA 2008 with benchmark year 2005-2006. GDP per Capita prior to 2000 is sourced from the World Bank. GDP per Capita is in annual frequency, ending in June of each year.

• In the latest reports, Pakistan GDP expanded 6.188 % YoY in Jun 2022.
• Pakistan Nominal GDP reached 377.286 USD bn in Jun 2022.
• Its GDP deflator (implicit price deflator) increased 12.999 % in Jun 2022.
• Gross Savings Rate of Pakistan was measured at 3.757 % in Jun 2022.

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.

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.

• 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.

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.

The gross domestic product (GDP) per capita in Pakistan amounted to approximately 1.58 thousand U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by around 1.10 thousand U.S. dollars, though the increase followed an uneven trajectory rather than a consistent upward trend.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 rates and then divided by the total population. The gross domestic product 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).

The statistic shows the growth of the real gross domestic product (GDP) in India from 2020 to 2024, with projections up until 2030. GDP refers to the total market value of all goods and services that are produced within a country per year. It is an important indicator of the economic strength of a country. Real GDP is adjusted for price changes and is therefore regarded as a key indicator for economic growth. In 2024, India's real gross domestic product growth was at about 6.46 percent compared to the previous year. Gross domestic product (GDP) growth rate in India Recent years have witnessed a shift of economic power and attention to the strengthening economies of the BRIC countries: Brazil, Russia, India, and China. The growth rate of gross domestic product in the BRIC countries is overwhelmingly larger than in traditionally strong economies, such as the United States and Germany. While the United States can claim the title of the largest economy in the world by almost any measure, China nabs the second-largest share of global GDP, with India racing Japan for third-largest position. Despite the world-wide recession in 2008 and 2009, India still managed to record impressive GDP growth rates, especially when most of the world recorded negative growth in at least one of those years. Part of the reason for India’s success is the economic liberalization that started in 1991and encouraged trade subsequently ending some public monopolies. GDP growth has slowed in recent years, due in part to skyrocketing inflation. India’s workforce is expanding in the industry and services sectors, growing partially because of international outsourcing — a profitable venture for the Indian economy. The agriculture sector in India is still a global power, producing more wheat or tea than anyone in the world except for China. However, with the mechanization of a lot of processes and the rapidly growing population, India’s unemployment rate remains relatively high.

Pakistan: Bank assets, percent of GDP: The latest value from 2021 is 45.33 percent, a decline from 49.75 percent in 2020. In comparison, the world average is 71.17 percent, based on data from 140 countries. Historically, the average for Pakistan from 1960 to 2021 is 35.75 percent. The minimum value, 18.34 percent, was reached in 1960 while the maximum of 49.75 percent was recorded in 2020.

Historical chart and dataset showing Pakistan GDP by year from 1960 to 2023.

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

Key information about Pakistan Government Debt: % of GDP

• Pakistan Government debt accounted for 65.2 % of the country's Nominal GDP in Jun 2024, compared with the ratio of 72.3 % in the previous year.
• Pakistan government debt to GDP ratio data is updated yearly, available from Jun 2000 to Jun 2024.
• The data reached an all-time high of 73.5 % in Jun 2020 and a record low of 41.4 % in Jun 2007.