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.

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 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.

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

Pakistan recorded a Government Debt to GDP of 80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Pakistan Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Private Debt: % of Nominal GDP

• Pakistan Private Debt accounted for 8.02 % of its Nominal GDP in Dec 2024, compared with a ratio of 9.49 % in the previous year
• Pakistan Private Debt contribution to Nominal GDP ratio is updated yearly, available from Dec 2005 to Dec 2024, with an average share of 12.38 %
• The data reached an all-time high of 19.93 % in Dec 2008 and a record low of 8.02 % in Dec 2024

CEIC shifts year-end for annual Private Debt as % of Nominal GDP. CEIC calculates annual Private Debt as % of Nominal GDP from monthly Private Debt and annual Nominal GDP. Private Debt is calculated as the sum of Advances to Private Sector, Trust Fund, Personal and Others. The State Bank of Pakistan provides Private Debt in local currency. 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 per capita in Pakistan was last recorded at 5531 US dollars in 2024, 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.

GDP from Construction in Pakistan decreased to 192868 PKR Million in the first quarter of 2025 from 225969 PKR Million in the fourth quarter of 2024. This dataset provides - Pakistan Gdp From Construction- 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.

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

Key information about Pakistan Market Capitalization: % of GDP

• Pakistan Market Capitalization accounted for 9.8 % of its Nominal GDP in Jun 2024, compared with a percentage of 7.6 % in the previous year
• Pakistan Market Capitalization: % Nominal GDP is updated yearly, available from Jun 2000 to Jun 2024
• The data reached an all-time high of 36.0 % in Jun 2007 and a record low of 6.0 % in Jun 2001

CEIC calculates Market Capitalization as % of Nominal GDP from monthly Market Capitalization and annual Nominal GDP. Pakistan Stock Exchange Limited provides Market Capitalization in local currency. The Pakistan Bureau of Statistics provides Nominal GDP in local currency

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Abstract

This research was conducted in Pakistan between January 2006 and December 2007. Data from 935 manufacturing and service sector registered establishments was analyzed.

The objective of the survey is to obtain feedback from enterprises in client countries on the state of the private sector as well as to help in building a panel of enterprise data that will make it possible to track changes in the business environment over time, thus allowing, for example, impact assessments of reforms. Through interviews with firms in the manufacturing and services sectors, the survey assesses the constraints to private sector growth and creates statistically significant business environment indicators that are comparable across countries.

The survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. The questionnaire also assesses the survey respondents' opinions on what are the obstacles to firm growth and performance. The mode of data collection is face-to-face interviews.

Geographic coverage

National

Analysis unit

The primary sampling unit of the study is the establishment. An establishment is a physical location where business is carried out and where industrial operations take place or services are provided. A firm may be composed of one or more establishments. For example, a brewery may have several bottling plants and several establishments for distribution. For the purposes of this survey an establishment must make its own financial decisions and have its own financial statements separate from those of the firm. An establishment must also have its own management and control over its payroll.

Kind of data

Sample survey data [ssd]

Sampling procedure

Establishments were selected using stratified random sampling design. The survey covered manufacturing and services sectors and generated a large enough sample size for selected industries to conduct statistically robust analyses. With level of precision at a minimum 7.5 percent for 90 percent confidence intervals about estimates of population proportions and mean of log sales at the national, provincial and industry level.

The sampling frame was drawn from the 2005 Economic Census of Pakistan, conducted by Pakistan's Federal Bureau of Statistics (FBS). As the target population was formal, urban manufacturing and services establishments with more than 5 full-time employees, the census identified 583,329 manufacturing firms and 1,566,722 establishments in Wholesale/Retail trade & Restaurants.

In accordance with the size and make up of the economy, the manufacturing sector was stratified into five 2-digit Pakistan Standard Industrial Classification (PSIC) sectors: (i) food processing, (ii) textiles, apparel & leather, (iii) chemicals and products, (iv) metal and electric machinery, and (v) sports goods and handicrafts with a residual stratum based on the 14 largest cities from the four provinces of the country. Services establishments engaged in wholesale & retail trade, hotels & restaurants were grouped to constitute an independent stratum for each provincial capital.

Within each industry, the total sample size was distributed to the provincial/city sub-strata based on proportional allocation in order to be representative of the nation, the industry groups and the urban areas of each of the four provinces. Given the domination of smaller firms in sample frame, a sampling approach which oversampled larger firms was employed to ensure a sufficient number of large enterprise which otherwise might be underrepresented.

The specific steps involved: (i) extracting from the frame and dividing into activity/industry groups with selection made in proportion to each group's contribution to total industrial employment, (ii) allocating the establishments selected in to each industry group across the provinces/cities selected using a proportional allocation, and (iii) selecting the establishments for each province/city sub-stratum with a probability of selection which is inversely proportional to size (i.e. larger firms will be selected with a higher probability). Due to the oversampling of larger firms, weights were computed so that inferences about the population could be extrapolated from the sample.

The Pakistan Enterprise Survey 2007 sample was also designed to include up to 600 firms from the original sample of Pakistan ICS 2002. Out of a total of 846 establishments surveyed in 2002 (panel firms with location and other identifiers). The remaining firms were kept as potential replacements in case of non-response by an establishment of similar characteristics in the original panel sample. In the end, 402 firms were interviewed out of 795 firms contacted.

Mode of data collection

Face-to-face [f2f]

Research instrument

The current survey instruments are available: - Pakistan 2007 Manufacturing Sector Questionnaire; - Pakistan 2007 Services Sector Questionnaire.

The survey is fielded via two instruments in order to not ask questions that are irrelevant to specific types of firms, e.g. a question that relates to production and nonproduction workers should not be asked of a retail firm.

The survey topics include firm characteristics, gender participation, access to finance, annual sales, costs of inputs/labor, workforce composition, bribery, licensing, infrastructure, trade, crime, competition, capacity utilization, land and permits, taxation, informality, business-government relations, innovation and technology, and performance measures. Over 90% of the questions objectively ascertain characteristics of a country’s business environment. The remaining questions assess the survey respondents’ opinions on what are the obstacles to firm growth and performance.

Response rate

The field work involved a sample of almost 2700 firms with more than 2300 firms contacted in order to complete the survey of 1337 firms - 57 percent success rate. Of the 1000 non-successful contacts, about 45 percent were not located due to poor contact information and 25 percent refused to participate. Of the rest, 20 percent were closed and 10 percent were either non-responsive or produced non-usable data. For the non-panel sample, the response rate was slightly higher at 60 percent, but of the 612 nonresponding firms, 55 percent were not found due to insufficient contact information, 21 percent refused participation, 11 percent were non-usable and 13 percent were confirmed as closed.

The economic reforms introduced by the Pakistani government during the review period (2009–2013) had a positive impact on the country’s GDP growth rate. This rate increased from 2.8% in 2009 to 6.1% in 2013; a trend that is expected to continue over the forecast period (2014–2018). The improved economic conditions are expected to positively impact the country’s cards and payments industry. Read More

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.