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 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 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 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.

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

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 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.

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 2024, Pakistan's military expenditure was **** percent of its GDP, a decrease from the previous year. During this period, Pakistan allocated about ******************************* to its military spending.

Key information about Pakistan Private Consumption: % of GDP

• Pakistan Private Consumption accounted for 85.2 % of its Nominal GDP in Jun 2024, compared with a ratio of 83.3 % in the previous year.
• Pakistan Private Consumption contribution to Nominal GDP ratio is updated yearly, available from Jun 1967 to Jun 2024, with an average share of 80.2 %.
• The data reached an all-time high of 85.9 % in Jun 2022 and a record low of 68.2 % in Jun 1991.

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


Related information about Pakistan Private Consumption: % of GDP

• In the latest reports, Pakistan GDP expanded 1.7 % YoY in Jun 2023.
• Its Nominal GDP reached 341.3 USD bn 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.

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: Fiscal balance, percent of GDP: The latest value from 2024 is -6.8 percent, an increase from -7.8 percent in 2023. In comparison, the world average is -4.03 percent, based on data from 5 countries. Historically, the average for Pakistan from 1993 to 2024 is -5.41 percent. The minimum value, -9.1 percent, was reached in 2019 while the maximum of -0.15 percent was recorded in 2003.

The ratio of national debt to gross domestic product (GDP) of Pakistan amounted to approximately 70.07 percent in 2024. Between 1994 and 2024, the ratio rose by around 11.54 percentage points, though the increase followed an uneven trajectory rather than a consistent upward trend. The ratio is forecast to decline by about 9.02 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.

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.

Pakistan GDP: Industry: Mining & Quarrying: YoY data was reported at -3.294 % in Dec 2024. This records an increase from the previous number of -8.063 % for Sep 2024. Pakistan GDP: Industry: Mining & Quarrying: YoY data is updated quarterly, averaging -0.829 % from Sep 2016 (Median) to Dec 2024, with 34 observations. The data reached an all-time high of 7.951 % in Dec 2017 and a record low of -17.583 % in Sep 2022. Pakistan GDP: Industry: Mining & Quarrying: 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.

GDP per capita growth (annual %) in Pakistan was reported at 1.6881 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP per capita growth (annual %) - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Key information about Pakistan Foreign Direct Investment: % of GDP

• Pakistan Foreign Direct Investment (FDI) registered a growth equal to 0.6 % of the country's Nominal GDP in Jun 2024, compared with a growth equal to 0.5 % in the previous year.
• Pakistan Foreign Direct Investment: % of Nominal GDP data is updated yearly, available from Jun 1977 to Jun 2024.
• The data reached an all-time high of 2.8 % in Jun 2007 and a record low 0.0 % in Jun 1977.

CEIC calculates Foreign Direct Investment as % of Nominal GDP from annual Foreign Direct Investment and annual Nominal GDP. The State Bank of Pakistan provides Foreign Direct Investment in 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. Foreign Direct Investment as % of Nominal GDP prior to 2003 is calculated from Foreign Direct Investment sourced from the International Monetary Fund and Nominal GDP sourced from the World Bank. Foreign Direct Investment as % of Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan Foreign Direct Investment: % of GDP

• In the latest reports of Pakistan, Current Account recorded a deficit of 131.0 USD mn in Sep 2024.
• Foreign Direct Investment (FDI) increased by 219.2 USD mn in Nov 2024.
• Pakistan Direct Investment Abroad expanded by 1.0 USD mn in Sep 2024.
• Its Foreign Portfolio Investment increased by 133.0 USD mn in Sep 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

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.

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.