Pakistan recorded a Government Budget deficit equal to 6.80 percent of the country's Gross Domestic Product in 2024. This dataset provides - Pakistan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Consolidated Fiscal Balance

• Pakistan Consolidated Fiscal Balance recorded a deficit equal to 13.794 USD bn in Dec 2024, compared with a deficit equal to 26.292 USD bn in the previous year.
• Pakistan Consolidated Fiscal Balance data is updated yearly, available from Dec 1991 to Dec 2024, with an average ratio of -7.447 USD bn.
• The data reached an all-time high of -2.258 USD bn in Dec 2004 and a record low of -29.641 USD bn in Dec 2022.

CEIC shifts year-end for annual Consolidated Fiscal Balance and converts it into USD. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The State Bank of Pakistan average market exchange rate is used for currency conversions. Consolidated Fiscal Balance is reported in annual frequency, ending in June of each year.

In 2024, the budget balance in relation to the gross domestic product (GDP) in Pakistan stood at about -6.78 percent. Between 1993 and 2024, the figure dropped by approximately 1.25 percentage points, though the decline followed an uneven course rather than a steady trajectory. The forecast shows the budget balance will steadily grow by around 3.87 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.

Pakistan recorded a government budget deficit of 7206.90 PKR Billion in 2024. This dataset provides - Pakistan Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Consolidated Fiscal Balance: % of GDP

• Pakistan Consolidated Fiscal Balance recorded a deficit equal to 3.7 % of its Nominal GDP in Jun 2024, compared with a deficit equal to 7.8 % in the previous year
• Pakistan Consolidated Fiscal Balance to GDP data is updated yearly, available from Jun 2000 to Jun 2024, with an average ratio of -5.0 %
• The data reached an all-time high of -1.7 % in Jun 2004 and a record low of -7.9 % in Jun 2022

CEIC calculates Consolidated Fiscal Balance as % of Nominal GDP from annual Consolidated Fiscal Balance and annual Nominal GDP. The Ministry of Finance provides Consolidated Fiscal Balance in local currency. The Pakistan Bureau of Statistics provides Nominal GDP in local currency. Consolidated Fiscal Balance as % of Nominal GDP is in annual frequency, ending in June of each year

External Debt in Pakistan increased to 134971 USD Million in the second quarter of 2025 from 130179 USD Million in the first quarter of 2025. This dataset provides - Pakistan External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Current Account Balance: % of GDP

• Pakistan Current Account deficit accounted for 0.5 % of the country's Nominal GDP in Jun 2024, compared with a 1.0 % deficit in the previous year.
• Pakistan Current Account Balance: % of Nominal GDP data is updated yearly, available from Jun 1977 to Jun 2024, with an average value of -2.8 %.
• The data reached an all-time high of 3.6 % in Jun 2003 and a record low of -6.9 % in Jun 2008.

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


Key information about Pakistan Current Account Balance: % 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.

Pakistan recorded a trade deficit of 810532 PKR Million in August of 2025. This dataset provides - Pakistan Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Total Imports Growth

• Pakistan Total Imports grew 9.9 % YoY in Jan 2025, compared with an increase of 13.1 % YoY in the previous month
• Pakistan Total Imports Growth data is updated monthly, available from Dec 1988 to Jan 2025, with an averaged rate of 13.8 %
• The data reached an all-time high of 100.0 % in Nov 2021 and a record low of -37.4 % in May 2020

CEIC calculates Total Imports Growth from monthly Total Imports. The Pakistan Bureau of Statistics provides Total Imports, CIF, in local currency.


Further information about Pakistan Total Imports Growth

• In the latest reports, Pakistan Total Imports recorded 5.3 USD bn in Jan 2025
• Total Exports reached 2.9 USD bn in Dec 2024, which registered an increase of 1.5 % year on year
• Pakistan Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025

Pakistan recorded a Current Account surplus of 268 USD Million in the second quarter of 2025. This dataset provides - Pakistan Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan's Trade Balance

• Pakistan's Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025, compared with a deficit of 2.4 USD bn in the previous month
• Pakistan's Trade Balance data is updated monthly, available from Jan 1968 to Jan 2025, with an averaged value of -235.2 USD mn
• The data reached an all-time high of 110.6 USD mn in Jun 1991 and a record low of -5.0 USD bn in Nov 2021

CEIC extends history for monthly Trade Balance. The Pakistan Bureau of Statistics provides Trade Balance in USD. Trade Balance prior to January 1996 is sourced from the International Monetary Fund.

Further information about Pakistan's Trade Balance

• In the latest reports, Pakistan's Total Exports reached 3.0 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)
• Total Imports recorded 5.3 USD bn in Jan 2025, an increase of 9.9% YoY (year-on-year)

The statistic shows Pakistan's trade balance of goods from 2014 to 2024. Trade balance is the value of exported goods minus the value of imported goods. A positive trade balance signifies a trade surplus, while a negative value signifies a trade deficit. In 2024, Pakistan's trade deficit amounted to around ***** billion U.S. dollars.

This report focuses principally on three key dimensions of better public expenditure management in Pakistan. First, it is paramount to continue financial discipline and reduce the overall size of the public sector deficit, including the sizable losses of public enterprises. The modest progress made in reducing the government's fiscal deficit during the past few years has been undermined by the persistence of high level of losses of public enterprises, especially Water and Power Development Authority (WAPDA), and Karachi Electricity Supply Company (KESC). To reduce the unsustainable burden of public debt, the fiscal deficit, which has averaged 5.5 percent of GDP (excluding grants) and 3.4 percent (including grants) during the past three years, must be brought down further. Provision needs to be made for the large and continuing public enterprise losses and unfunded contingent liabilities of the public sector. A strong and successful government revenue mobilization effort, which will gradually raise the ratio of revenues from 17 percent of GDP (FY02) to say 20 percent over the next decade, remains central to restoring Pakistan's fiscal health. But as the experience of the past few years shows, the structural weakness in the taxation structure (relatively heavy dependence on trade taxes) and the institutional weaknesses in the tax collection machinery (especially on the income tax side) will continue to dampen revenue growth for some time. Thus it will be prudent to assume, at best, only moderate growth in the ratio of government revenues to GDP over the next five years. Even on the assumption of a steady increase in the ratio of government revenue to GDP, the growth in overall public spending in real terms will be modest over the next few years because of the need to reduce the deficit further and to fund public enterprise losses and contingent liabilities. Indeed, in the medium term overall public spending as a proportion of GDP is unlikely to increase from the level of 22 percent witnessed in recent years, even if grant assistance remains at a relatively high level.

172 (Kcal per person per day) in 2016. The number of calories needed to lift the undernourished from their status, everything else being constant. The average intensity of food deprivation of the undernourished, estimated as the difference between the average dietary energy requirement and the average dietary energy consumption of the undernourished population (food-deprived), is multiplied by the number of undernourished to provide an estimate of the total food deficit in the country, which is then normalized by the total population.

Pakistan recorded a Current Account deficit of 0.50 percent of the country's Gross Domestic Product in 2024. This dataset provides - Pakistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Total Exports

• Pakistan Total Exports recorded 3.0 USD bn in Jan 2025, compared with 2.9 USD bn in the previous month
• Pakistan Total Exports data is updated monthly, available from Jan 1996 to Jan 2025, with an averaged value of 1.6 USD bn
• The data reached an all-time high of 3.0 USD bn in Oct 2024 and a record low of 547.2 USD mn in Jan 1999

1.The Pakistan Bureau of Statistics provides Total Exports, FOB, in USD. Exports Goods only.


Further information about Pakistan Total Exports

• In the latest reports, Pakistan Total Exports grew 5.1 % YoY in Jan 2025
• Total Imports recorded 5.3 USD bn in Jan 2025, which registered an increase of 9.9 % year on year
• Pakistan Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025

The total retail spending in Pakistan was forecasted at 210 billion U.S. dollars for 2018. This equals to about 1.7 thousand U.S. dollars per capita in the above-mentioned time period.

  economic factors on the retail market   

The total population of Pakistan is over 200 million and set to grow to 224 million by 2024. Over 60 percent of the Pakistani population is between the aged of 15 to 64 years, which is the prime age of consumer spending. At the same time, the inflation rate in Pakistan is currently at 4.15 percent, which is influencing its retail consumption. The average household income in Pakistan was just over 600 U.S. dollars per

  consumer spending   

The net trade in goods and services in Pakistan is in deficit of about 35 billion U.S. dollars or 2017.

The retail market volume growth for groceries, beverages and tobacco in Pakistan is predicted to grow by 0.9 percent between 2017 and 2018.

Key information about Pakistan External Debt: % of GDP

• Pakistan External Debt accounted for 35.1 % of the country's Nominal GDP in 2024, compared with the ratio of 37.3 % in the previous year.
• Pakistan External Debt: % of Nominal GDP data is updated yearly, available from Jun 2000 to Jun 2024.
• The data reached an all-time high of 37.6 % in Jun 2020 and a record low of 21.7 % in Jun 2015.

CEIC calculates External Debt as % of Nominal GDP from annual External Debt and annual Nominal GDP. The State Bank of Pakistan provides External Debt 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. External Debt as % of Nominal GDP is in annual frequency, ending in June of each year.


Related information about Pakistan External Debt: % 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 External Debt reached 133,455.2 in Sep 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

Pakistan PK: Depth of the Food Deficit: Kilocalories per Person per Day data was reported at 172.000 kcal in 2016. This records an increase from the previous number of 171.000 kcal for 2015. Pakistan PK: Depth of the Food Deficit: Kilocalories per Person per Day data is updated yearly, averaging 170.000 kcal from Dec 1992 (Median) to 2016, with 25 observations. The data reached an all-time high of 195.000 kcal in 2004 and a record low of 154.000 kcal in 1997. Pakistan PK: Depth of the Food Deficit: Kilocalories per Person per Day 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: Health Statistics. The depth of the food deficit indicates how many calories would be needed to lift the undernourished from their status, everything else being constant. The average intensity of food deprivation of the undernourished, estimated as the difference between the average dietary energy requirement and the average dietary energy consumption of the undernourished population (food-deprived), is multiplied by the number of undernourished to provide an estimate of the total food deficit in the country, which is then normalized by the total population.; ; Food and Agriculture Organization, Food Security Statistics.; Weighted Average;

Pakistan's total Exports in 2024 were valued at US$32.44 Billion, according to the United Nations COMTRADE database on international trade. Pakistan's main export partners were: the United States, China and the United Kingdom. The top three export commodities were: Other made textile articles, sets, worn clothing; Articles of apparel, knit or crocheted and Cereals. Total Imports were valued at US$56.48 Billion. In 2024, Pakistan had a trade deficit of US$24.05 Billion.