The gross domestic product (GDP) in current prices in Pakistan stood at 371.41 billion U.S. dollars in 2024. Between 1980 and 2024, the GDP rose by 332.79 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 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) per capita in Pakistan was 1,574.1 U.S. dollars in 2024. Between 1980 and 2024, the GDP per capita rose by 1,095.04 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 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 Gross Domestic Product (GDP) in Pakistan expanded 5.70 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.

Graph and download economic data for Gross Domestic Product for Pakistan (MKTGDPPKA646NWDB) from 1960 to 2024 about Pakistan and GDP.

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.

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 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: Gross Domestic Product, billions of 2015 U.S. dollars: The latest value from 2024 is 413 billion U.S. dollars, an increase from 400.1 billion U.S. dollars in 2023. In comparison, the world average is 528.3 billion U.S. dollars, based on data from 177 countries. Historically, the average for Pakistan from 1960 to 2024 is 151.8 billion U.S. dollars. The minimum value, 18.9 billion U.S. dollars, was reached in 1960 while the maximum of 413 billion U.S. dollars was recorded in 2024.

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 Investment: % of GDP

• Pakistan Investment accounted for 12.9 % of its Nominal GDP in Jun 2024, compared with a ratio of 14.0 % in the previous year.
• Pakistan investment share of Nominal GDP data is updated yearly, available from Jun 1960 to Jun 2024, with an average ratio of 17.0 %.
• The data reached an all-time high of 22.7 % in Jun 1965 and a record low of 12.8 % in Jun 1973.

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


Related information about Pakistan Investment: % 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.

Key information about Pakistan Nominal GDP Growth

• Pakistan Nominal GDP Growth was reported at 14.430 % in Dec 2024.
• This records a decrease from the previous number of 27.494 % for Dec 2023.
• Pakistan Nominal GDP Growth data is updated yearly, averaging 13.246 % from Dec 2001 to 2024, with 24 observations.
• The data reached an all-time high of 27.494 % 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 calculates annual Nominal GDP Growth from quarterly Nominal GDP. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. Nominal GDP Growth prior to 2017 is calculated from annual Nominal GDP, reported in annual frequency, ending in June of each year.

Dataset of the Pakistan GDP Annual Growth Rate, including historical data, latest releases, and long-term trends from 1961-12-31 to 2024-12-31. Available for free download in CSV format.

Pakistan GDP: Agriculture: YoY data was reported at 1.096 % in Dec 2024. This records an increase from the previous number of 0.742 % for Sep 2024. Pakistan GDP: Agriculture: YoY data is updated quarterly, averaging 3.616 % from Sep 2016 (Median) to Dec 2024, with 34 observations. The data reached an all-time high of 8.167 % in Sep 2023 and a record low of 0.135 % in Sep 2022. Pakistan GDP: Agriculture: YoY data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.A001: SNA08: 2015-16 Base: Gross Domestic Product: Growth Rate.

The ratio of national debt to gross domestic product (GDP) of Pakistan stood at 70.39 percent in 2024. Between 1994 and 2024, the ratio rose by 11.86 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by 10.16 percentage points from 2024 to 2030, fluctuating as it trends downward.The general government 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. Here it is depicted in relation to the country's GDP, which refers to the total value of goods and services produced during a year.

Pakistan GDP: Industry: Construction: YoY data was reported at -7.145 % in Dec 2024. This records an increase from the previous number of -11.707 % for Sep 2024. Pakistan GDP: Industry: Construction: YoY data is updated quarterly, averaging -1.484 % from Sep 2016 (Median) to Dec 2024, with 34 observations. The data reached an all-time high of 41.553 % in Dec 2017 and a record low of -34.298 % in Mar 2019. Pakistan GDP: Industry: Construction: YoY data remains active status in CEIC and is reported by Pakistan Bureau of Statistics. The data is categorized under Global Database’s Pakistan – Table PK.A001: SNA08: 2015-16 Base: Gross Domestic Product: Growth Rate.

In 2024, the budget balance in relation to the gross domestic product (GDP) in Pakistan stood at -6.81 percent. Between 1993 and 2024, the figure dropped by 1.28 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the budget balance will steadily grow by 3.98 percentage points from 2024 to 2030.The indicator describes the general government net lending / borrowing, which is calculated as revenue minus total expenditure. The International Monetary Fund defines the general government expenditure as consisting of total expenses and the net acquisition of nonfinancial assets. The general government revenue consists of the revenue from taxes, social contributions, grants receivable, and other revenue.

The share of the global gross domestic product (GDP) adjusted for purchasing power parity (PPP) in Pakistan was 0.8 percent in 2024. From 1980 to 2024, the share rose by 0.23 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. Between 2024 and 2030, the share will rise by 0.04 percentage points, showing an overall upward trend with periodic ups and downs.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.