The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. source: Pakistan Bureau of Statistics

GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2018, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. This page provides - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan GDP Growth Rate - values, historical data and charts - was last updated on June of 2021.

GDP Growth Rate in Pakistan is expected to reach -0.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan GDP Growth Rate is projected to trend around 1.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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Pakistan GDP Growth Rate

Actual Previous Highest Lowest Dates Unit Frequency
5.79 5.37 10.22 -1.80 1952 - 2018 percent Yearly

Pakistan GDP Last Previous Highest Lowest Unit
GDP Annual Growth Rate -0.38 1.91 10.22 -1.80 percent [+]
GDP 278.22 314.57 314.57 3.71 USD Billion [+]
GDP Constant Prices 13777357.00 13159092.00 13777357.00 8216160.00 PKR Million [+]
Gross National Product 15262040.00 14435379.00 15262040.00 3778155.00 PKR Million [+]
Gross Fixed Capital Formation 1910389.00 1829962.00 2008186.00 1268315.00 PKR Million [+]
GDP per capita 1185.50 1197.90 1197.90 302.10 USD [+]
GDP per capita PPP 4690.50 4739.80 4739.80 2915.90 USD [+]
GDP From Agriculture 2502181.00 2362209.00 2502181.00 1775346.00 PKR Million [+]
GDP From Construction 340146.00 318064.00 344104.00 186380.00 PKR Million [+]
GDP From Manufacturing 1667362.00 1663118.00 1667540.00 1065323.00 PKR Million [+]
GDP From Mining 309823.00 349684.00 356667.00 254345.00 PKR Million [+]
GDP From Services 8041169.00 7803812.00 8041169.00 4324274.00 PKR Million [+]
GDP From Transport 1588101.00 1643625.00 1643625.00 959499.00 PKR Million [+]


Pakistan GDP Growth Rate
Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semi-industrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid.