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 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.

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.

Pakistan PK: Ease of Doing Business Index: 1=Most Business-friendly Regulations data was reported at 147.000 NA in 2017. Pakistan PK: Ease of Doing Business Index: 1=Most Business-friendly Regulations data is updated yearly, averaging 147.000 NA from Dec 2017 (Median) to 2017, with 1 observations. Pakistan PK: Ease of Doing Business Index: 1=Most Business-friendly Regulations 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: Business Environment. Ease of doing business ranks economies from 1 to 190, with first place being the best. A high ranking (a low numerical rank) means that the regulatory environment is conducive to business operation. The index averages the country's percentile rankings on 10 topics covered in the World Bank's Doing Business. The ranking on each topic is the simple average of the percentile rankings on its component indicators.; ; World Bank, Doing Business project (http://www.doingbusiness.org/).; ; Data are presented for the survey year instead of publication year. Data before 2013 are not comparable with data from 2013 onward due to methodological changes.

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.

The Gross Domestic Product per capita in Pakistan was last recorded at 1663.99 US dollars in 2023. 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.

Pakistan gdp growth rate for 2023 was -0.04%, a 4.82% decline from 2022.

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

<li>Pakistan gdp growth rate for 2022 was <strong>4.78%</strong>, a <strong>1.74% decline</strong> from 2021.</li>
<li>Pakistan gdp growth rate for 2021 was <strong>6.51%</strong>, a <strong>7.79% increase</strong> from 2020.</li>
<li>Pakistan gdp growth rate for 2020 was <strong>-1.27%</strong>, a <strong>3.77% decline</strong> from 2019.</li>
</ul>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.

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.

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 GOI: Total Rank data was reported at 113.000 NA in 2023. This records an increase from the previous number of 110.000 NA for 2022. Pakistan GOI: Total Rank data is updated yearly, averaging 116.000 NA from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 132.000 NA in 2018 and a record low of 110.000 NA in 2022. Pakistan GOI: Total Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Pakistan – Table PK.Milken: Global Opportunity Index.

Pakistan GDP per capita for 2023 was $1,365, a 11.25% decline from 2022.

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

<li>Pakistan GDP per capita for 2022 was <strong>$1,538</strong>, a <strong>5.7% increase</strong> from 2021.</li>
<li>Pakistan GDP per capita for 2021 was <strong>$1,455</strong>, a <strong>13.84% increase</strong> from 2020.</li>
<li>Pakistan GDP per capita for 2020 was <strong>$1,278</strong>, a <strong>8.06% decline</strong> from 2019.</li>
</ul>GDP per capita is gross domestic product divided by midyear population. 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. Data are in current U.S. dollars.

Pakistan GOI: Weighted Rank data was reported at 103.000 NA in 2023. This records an increase from the previous number of 100.000 NA for 2022. Pakistan GOI: Weighted Rank data is updated yearly, averaging 111.500 NA from Dec 2016 (Median) to 2023, with 8 observations. The data reached an all-time high of 116.000 NA in 2018 and a record low of 100.000 NA in 2022. Pakistan GOI: Weighted Rank data remains active status in CEIC and is reported by Milken Institute. The data is categorized under Global Database’s Pakistan – Table PK.Milken: Global Opportunity Index.

Pakistan PK: GDP: Real: GNI per Capita data was reported at 66,481.886 PKR in 2017. This records an increase from the previous number of 64,526.160 PKR for 2016. Pakistan PK: GDP: Real: GNI per Capita data is updated yearly, averaging 43,789.730 PKR from Jun 1986 (Median) to 2017, with 32 observations. The data reached an all-time high of 66,481.886 PKR in 2017 and a record low of 35,444.604 PKR in 1986. Pakistan PK: GDP: Real: 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: Gross Domestic Product: Real. 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. Data are in constant local currency.; ; World Bank national accounts data, and OECD National Accounts data files.; ;

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).

PK: CPIA: Quality of Budgetary and Financial Management Rating: 1=Low To 6=High data was reported at 3.500 NA in 2017. This stayed constant from the previous number of 3.500 NA for 2016. PK: CPIA: Quality of Budgetary and Financial Management Rating: 1=Low To 6=High data is updated yearly, averaging 3.500 NA from Jun 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 3.500 NA in 2017 and a record low of 3.500 NA in 2017. PK: CPIA: Quality of Budgetary and Financial Management Rating: 1=Low To 6=High 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: Policy and Institutions. Quality of budgetary and financial management assesses the extent to which there is a comprehensive and credible budget linked to policy priorities, effective financial management systems, and timely and accurate accounting and fiscal reporting, including timely and audited public accounts.; ; World Bank Group, CPIA database (http://www.worldbank.org/ida).; Unweighted average;

Pakistan PK: CPIA: Gender Equality Rating: 1=Low To 6=High data was reported at 2.500 NA in 2017. This stayed constant from the previous number of 2.500 NA for 2016. Pakistan PK: CPIA: Gender Equality Rating: 1=Low To 6=High data is updated yearly, averaging 2.500 NA from Jun 2005 (Median) to 2017, with 13 observations. The data reached an all-time high of 2.500 NA in 2017 and a record low of 2.000 NA in 2010. Pakistan PK: CPIA: Gender Equality Rating: 1=Low To 6=High 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: Policy and Institutions. Gender equality assesses the extent to which the country has installed institutions and programs to enforce laws and policies that promote equal access for men and women in education, health, the economy, and protection under law.; ; World Bank Group, CPIA database (http://www.worldbank.org/ida).; Unweighted average;

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.

Pakistan PK: Population in Largest City data was reported at 15,020,931.000 Person in 2017. This records an increase from the previous number of 14,650,981.000 Person for 2016. Pakistan PK: Population in Largest City data is updated yearly, averaging 6,793,799.000 Person from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 15,020,931.000 Person in 2017 and a record low of 1,853,325.000 Person in 1960. Pakistan PK: Population in Largest City 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: Population and Urbanization Statistics. Population in largest city is the urban population living in the country's largest metropolitan area.; ; United Nations, World Urbanization Prospects.; ;

The Gross Domestic Product (GDP) in Pakistan expanded 2.40 percent in the first 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.