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) 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.

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: Gross Domestic Product, billions of U.S. dollars: Pour cet indicateur, La Banque mondiale fournit des données pour la Pakistan de 1960 à 2024. La valeur moyenne pour Pakistan pendant cette période était de 108.32 billion U.S. dollars avec un minimum de 3.75 billion U.S. dollars en 1960 et un maximum de 374.89 billion U.S. dollars en 2022.

Pakistan: Gross Domestic Product, billions of 2010 U.S. dollars: Pour cet indicateur, La Banque mondiale fournit des données pour la Pakistan de 1960 à 2023. La valeur moyenne pour Pakistan pendant cette période était de 147.7 billion U.S. dollars avec un minimum de 18.9 billion U.S. dollars en 1960 et un maximum de 400.2 billion U.S. dollars en 2022.

Pakistan PK: Gross Domestic Product (GDP) data was reported at 29,102.630 PKR bn in 2016. This records an increase from the previous number of 27,443.022 PKR bn for 2015. Pakistan PK: Gross Domestic Product (GDP) data is updated yearly, averaging 580.848 PKR bn from Dec 1953 (Median) to 2016, with 64 observations. The data reached an all-time high of 29,102.630 PKR bn in 2016 and a record low of 13.032 PKR bn in 1953. Pakistan PK: Gross Domestic Product (GDP) data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Pakistan – Table PK.IMF.IFS: Gross Domestic Product: by Expenditure: Annual.

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.

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.

Pakistan: Gross Domestic Product, billions of 2010 U.S. dollars: Dünya Bankası göstergesi için Pakistan hakkında 1960 - 2023 arası bilgi. Pakistan için bu döneme ait ortalama değer yüzde 147.7 billion U.S. dollars con un mínimo de 18.9 billion U.S. dollars en 1960 y un máximo de 400.2 billion U.S. dollars en 2022.

Key information about Pakistan External Debt

• Pakistan External Debt reached 131.1 USD bn in Dec 2024, compared with 133.7 USD bn in the previous quarter.
• Pakistan External Debt: USD mn data is updated quarterly, available from Jun 2006 to Dec 2024.
• The data reached an all-time high of 133.7 USD bn in Sep 2024 and a record low of 37.2 USD bn in Jun 2006.

Related information about Pakistan External Debt

• In the latest reports of Pakistan, Current Account recorded a surplus of 1.5 USD bn in Dec 2024.
• Foreign Direct Investment (FDI) increased by 169.8 USD mn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Key information about Pakistan Private Consumption Expenditure

• Pakistan Private Consumption Expenditure was reported at 318.221 USD bn in Dec 2024. This records an increase from the previous number of 281.961 USD bn for Dec 2023.
• Pakistan Private Consumption Expenditure data is updated yearly, averaging 34.299 USD bn from Dec 1960 to 2024, with 65 observations.
• The data reached an all-time high of 322.667 USD bn in 2022 and a record low of 3.084 USD bn in 1960.
• Pakistan Private Consumption Expenditure data remains in an 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: Private Consumption Expenditure: USD: Annual.

CEIC shifts year-end for annual Private Consumption Expenditure and converts it into USD. 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. The State Bank of Pakistan average market exchange rate is used for currency conversions. Private Consumption Expenditure is reported in annual frequency, ending in June of each year. Private Consumption Expenditure prior to 2000 is sourced from the World Bank.

The statistic shows the value of goods imported to Pakistan from 2014 to 2024. In 2024, goods worth around 56.47 billion U.S. dollars were imported to Pakistan.

Key information about Pakistan Current Account Balance

• Pakistan Current Account recorded a surplus of 1.5 USD bn in Dec 2024, compared with a deficit of 402.0 USD mn in the previous quarter.
• Pakistan Current Account Balance: USD mn data is updated quarterly, available from Mar 1976 to Dec 2024, with an averaged value of -418.7 USD mn.
• The data reached an all-time high of 1.5 USD bn in Dec 2024 and a record low of -6.1 USD bn in Jun 2018.
• CEIC extends history for quarterly Current Account Balance. The State Bank of Pakistan provides Current Account Balance in USD. Current Account Balance prior to Q3 2002 is sourced from International Monetary Fund.
• Foreign Direct Investment (FDI) increased by 169.8 USD mn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Key information about Pakistan Total Loans

• Pakistan Total Loans was reported at 51.850 USD bn in Jan 2025
• This records a decrease from the previous number of 56.027 USD bn for Dec 2024
• Pakistan Total Loans data is updated monthly, averaging 42.223 USD bn from Sep 2007 to Jan 2025, with 209 observations
• The data reached an all-time high of 60.190 USD bn in May 2018 and a record low of 34.697 USD bn in Aug 2013
• Pakistan Total Loans 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: Total Loans: USD: Monthly

CEIC converts monthly Total Loans into USD. The State Bank of Pakistan provides Total Loans in local currency. The State Bank of Pakistan period end market exchange rate is used for currency conversions. Total Loans cover lenders as Scheduled Banks. Total Loans cover debtors as Resident only.