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

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 2020.

GDP Growth Rate in Pakistan is expected to reach 5.50 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 5.50 percent in 2021, 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 1.91 5.53 10.22 -1.80 percent [+]
GDP 320.00 312.57 320.00 3.71 USD Billion [+]
GDP Constant Prices 13570459.00 13132237.00 13570459.00 8216160.00 PKR Million [+]
Gross National Product 14435379.00 13806113.00 14435379.00 3778155.00 PKR Million [+]
Gross Fixed Capital Formation 1829962.00 2008186.00 2008186.00 1268315.00 PKR Million [+]
GDP per capita 1196.60 1158.50 1196.60 304.20 USD [+]
GDP per capita PPP 4927.90 4771.20 4927.90 3055.80 USD [+]
GDP From Agriculture 2362209.00 2342373.00 2362209.00 1775346.00 PKR Million [+]
GDP From Construction 318064.00 344104.00 344104.00 186380.00 PKR Million [+]
GDP From Manufacturing 1663118.00 1667540.00 1667540.00 1065323.00 PKR Million [+]
GDP From Mining 349684.00 356667.00 356667.00 254345.00 PKR Million [+]
GDP From Services 7803812.00 7452631.00 7803812.00 4324274.00 PKR Million [+]
GDP From Transport 1643625.00 1590474.00 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.