Markets Actual Q4 Q1 Q2 Q3 2021
Currency 159.80 160 161 162 164 166
Stock Market (points) 42207.00 40719 39432 38188 36981 34567
Government Bond 10Y (%) 9.91 10.03 10.14 10.26 10.38 10.62

Overview Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 1.91 -1.5 2.5 2.5 2.5 2.5
Unemployment Rate (%) 4.10 5.5 6 6 6 6
Inflation Rate (%) 8.35 10 7.5 8.5 6.5 7.5
Interest Rate (%) 7.00 7 7 7 7 7
Balance of Trade (PKR Million) -283592.00 -310000 -300000 -319200 -319500 -329000
Current Account (USD Million) 778.00 -1200 -1500 -1700 -2000 -2500
Current Account to GDP (%) -1.10 -3.5 -2.5 -2.5 -2.5 -2.5
Government Debt to GDP (%) 84.80 90 85 85 85 85
Government Budget (% of GDP) -5.80 -10 -6.5 -6.5 -6.5 -6.5
Consumer Confidence (points) 39.80 45 48 50 50 50
Corporate Tax Rate (%) 29.00 31 29 29 29 31
Personal Income Tax Rate (%) 35.00 20 35 35 35 20

GDP Actual Q4 Q1 Q2 Q3 2021
GDP Annual Growth Rate (%) 1.91 -1.5 2.5 2.5 2.5 2.5
GDP (USD Billion) 278.22 270 282 282 282 282
GDP Constant Prices (PKR Million) 13570459.00 14429516 13366902 13909720 13909720 15078844
Gross National Product (PKR Million) 14435379.00 15192429 14218848 14796263 14796263 15876089
Gross Fixed Capital Formation (PKR Million) 1829962.00 2176355 1802513 1875711 1875711 2274291
GDP per capita (USD) 1185.50 1130 1190 1190 1190 1190
GDP per capita PPP (USD) 4690.50 4510 4590 4590 4590 4590
GDP From Agriculture (PKR Million) 2362209.00 2573919 2326776 2421264 2421264 2689745
GDP From Construction (PKR Million) 318064.00 377992 313293 326016 326016 395002
GDP From Manufacturing (PKR Million) 1663118.00 1835188 1638171 1704696 1704696 1917772
GDP From Mining (PKR Million) 349684.00 379808 344439 358426 358426 396900
GDP From Services (PKR Million) 7803812.00 8176110 7686755 7998907 7998907 8544035
GDP From Transport (PKR Million) 1643625.00 1752498 1618971 1684716 1684716 1831361

Labour Actual Q4 Q1 Q2 Q3 2021
Unemployment Rate (%) 4.10 5.5 6 6 6 6
Employed Persons (Thousand ) 61710.00 60000 59500 59500 59500 59500
Population (Million) 219.00 221 225 225 225 225

Prices Actual Q4 Q1 Q2 Q3 2021
Inflation Rate (%) 8.35 10 7.5 8.5 6.5 7.5
Consumer Price Index CPI (points) 141.83 248 144 142 143 263
Core Inflation Rate (%) 5.60 7.5 7 8.5 6 6.5
GDP Deflator (points) 312.97 300 344 336 340 370
Producer Prices (points) 149.28 305 147 150 152 342
Inflation Rate Mom (%) 0.82 0.5 0.3 0.8 0.5 0.5
Food Inflation (%) 15.13 9.5 7.5 5.5 5.5 4
CPI Transportation (points) 136.68 202 158 150 133 215
Producer Prices Change (%) 5.00 4 5.5 12 3.5 4

Money Actual Q4 Q1 Q2 Q3 2021
Interest Rate (%) 7.00 7 7 7 7 7
Interbank Rate (%) 7.17 10.6 7.01 7.01 7.01 9.1
Money Supply M2 (PKR Million) 20743359.00 21085076 21248671 21812266 22333182 22939456
Deposit Interest Rate (%) 5.82 6.98 6.76 6.76 6.76 5.48
Loans To Private Sector (PKR Million) 5145334.00 5000000 5916571 5494816 5477227 6064485
Foreign Exchange Reserves (USD Million) 19907.50 20229 20930 21646 22133 23079

Trade Actual Q4 Q1 Q2 Q3 2021
Balance of Trade (PKR Million) -283592.00 -310000 -300000 -319200 -319500 -329000
Current Account (USD Million) 778.00 -1200 -1500 -1700 -2000 -2500
Current Account to GDP (%) -1.10 -3.5 -2.5 -2.5 -2.5 -2.5
Imports (PKR Million) 622882.00 614000 614000 656000 635000 641000
Exports (PKR Million) 339290.00 304000 314000 336800 315500 312000
External Debt (USD Million) 113803.00 118000 120000 117500 117500 118500
Remittances (USD Million) 7147.00 5600 5700 5700 5900 5800
Foreign Direct Investment (USD Million) 112.30 250 290 300 280 300
Crude Oil Production (BBL/D/1K) 85.00 85 92 92 92 95

Government Actual Q4 Q1 Q2 Q3 2021
Government Debt to GDP (%) 84.80 90 85 85 85 85
Government Budget (% of GDP) -5.80 -10 -6.5 -6.5 -6.5 -6.5
Government Budget Value (PKR Billion) -3444.90 -1400 -5000 -3700 -3700 -1400
Government Spending (PKR Million) 1661397.00 1748715 1636476 1702932 1702932 1827407
Government Revenues (PKR Billion) 4900.70 4500 5000 5000 5000 5000
Government Debt (PKR Billion) 35555.40 40000 45000 45000 39000 41000
Fiscal Expenditure (PKR Billion) 8345.60 9500 8700 8700 8700 8700
Military Expenditure (USD Million) 12686.00 13000 13000 13000 13000 13000

Taxes Actual Q4 Q1 Q2 Q3 2021
Corporate Tax Rate (%) 29.00 31 29 29 29 31
Personal Income Tax Rate (%) 35.00 20 35 35 35 20
Sales Tax Rate (%) 17.00 17 17 17 17 17

Business Actual Q4 Q1 Q2 Q3 2021
Industrial Production (%) 7.27 -1.5 5.5 20 8.5 10
Manufacturing Production (%) 5.20 2.5 15 9.5 6.5 10
Changes in Inventories (PKR Million) 213321.00 221602 241815 241815 241815 241815
Industrial Production Mom (%) 9.94 3.5 2.5 2.5 2.5 2.5
Cement Production (Thousands of Tonnes ) 4143.00 3600 3600 3600 3600 3600
Electricity Production (Gigawatt-hour) 8677.00 9300 9500 10000 9700 10300

Consumer Actual Q4 Q1 Q2 Q3 2021
Consumer Confidence (points) 39.80 45 48 50 50 50
Consumer Spending (PKR Million) 11101050.00 11704739 10934534 11378576 11378576 12231452
Gasoline Prices (USD/Liter) 0.63 0.6 0.54 0.51 0.49 0.56
Consumer Credit (PKR Million) 709287.00 704856 689366 725786 695179 736574
Private Sector Credit (PKR Million) 6098897.00 6321232 6362517 6403801 6398500 6486370


This page has economic forecasts for Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy.