Markets Actual Q3 Q4 Q1 Q2 2023
Currency 204.50 207 209 211 213 218
Stock Market (points) 41630.35 40502 39403 38337 37297 35301
Government Bond 10Y (%) 12.92 13.07 13.23 13.39 13.55 13.87

Overview Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 3.94 4 4 4.6 4.6 4.6
Unemployment Rate (%) 4.40 12 12 10 10 10
Inflation Rate (%) 21.30 13.5 13 9.8 9 8.5
Interest Rate (%) 13.75 14.75 15 15 14.5 14
Balance of Trade (PKR Million) -793776.00 -368256 -395730 -395730 -311030 -229780
Current Account (USD Million) -4078.00 -3045 -3519 -3519 -3092 -2588
Current Account to GDP (% of GDP) -0.60 -7.8 -7.8 -5.7 -5.7 -5.7
Government Debt to GDP (% of GDP) 84.00 80 84 80 80 80
Government Budget (% of GDP) -7.10 -6 -7.5 -6 -6 -6
Consumer Confidence (points) 41.46 38 37 39 43 44
Corporate Tax Rate (%) 29.00 29 29 29 29 29
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2023
GDP Annual Growth Rate (%) 3.94 4 4 4.6 4.6 4.6
GDP (USD Billion) 263.69 292 292 292 292 292
GDP Constant Prices (PKR Million) 41510838.00 40458115 40458115 43171272 43420337 45157150
Gross National Product (PKR Million) 44442285.00 15872522 15872522 46219976 46486630 48346095
Gross Fixed Capital Formation (PKR Million) 4915681.00 1986805 1986805 5112308 5141802 5347474
GDP per capita (USD) 1465.89 1250 1250 1250 1250 1250
GDP per capita PPP (USD) 4622.77 4680 4680 4680 4680 4680
GDP From Agriculture (PKR Million) 8791447.00 2602268 2602268 9143105 9195854 9563688
GDP From Construction (PKR Million) 992747.00 353752 353752 1032457 1038413 1079950
GDP From Manufacturing (PKR Million) 4817690.00 1734056 1734056 5010398 5039304 5240876
GDP From Mining (PKR Million) 663084.00 322216 322216 689607 693586 721329
GDP From Services (PKR Million) 22555934.00 8362816 8362816 23458171 23593507 24537247
GDP From Transport (PKR Million) 1588101.00 1651625 1651625 1651625 1661154 1727600

Labour Actual Q3 Q4 Q1 Q2 2023
Unemployment Rate (%) 4.40 12 12 10 10 10
Employed Persons (Thousand ) 64030.00 60500 60500 60500 60500 61500
Population (Million) 221.00 230 230 230 230 233

Prices Actual Q3 Q4 Q1 Q2 2023
Inflation Rate (%) 21.30 13.5 13 9.8 9 8.5
Consumer Price Index CPI (points) 175.71 171 179 178 192 194
Core Inflation Rate (%) 11.50 4.1 6.5 6.5 6.5 6.5
GDP Deflator (points) 161.28 398 393 182 177 198
Producer Prices (points) 228.03 184 199 212 239 208
Inflation Rate Mom (%) 6.30 0.5 1.3 0.7 0.7 0.7
Food Inflation (%) 25.92 4 4 4 4 4
CPI Transportation (points) 232.12 233 236 238 240 241
Producer Prices Change (%) 38.90 5 5 5 5 5

Money Actual Q3 Q4 Q1 Q2 2023
Interest Rate (%) 13.75 14.75 15 15 14.5 14
Interbank Rate (%) 13.53 13.53 14.53 14.78 14.78 14.28
Money Supply M2 (PKR Million) 25155233.00 23032752 23418958 23418958 23418958 24193447
Deposit Interest Rate (%) 7.25 7.25 8.25 8.5 8.5 8
Loans To Private Sector (PKR Million) 6486286.00 5940927 6125474 6835539 6784655 7149974
Foreign Exchange Reserves (USD Million) 16406.00 23175 23383 23383 23383 23799

Trade Actual Q3 Q4 Q1 Q2 2023
Balance of Trade (PKR Million) -793776.00 -368256 -395730 -395730 -311030 -229780
Current Account (USD Million) -4078.00 -3045 -3519 -3519 -3092 -2588
Current Account to GDP (% of GDP) -0.60 -7.8 -7.8 -5.7 -5.7 -5.7
Exports (PKR Million) 510476.00 461820 488510 510242 533009 550800
Imports (PKR Million) 1304252.00 1422507 1491808 1491808 1400230 1437904
External Debt (USD Million) 128920.00 118000 118500 118500 118500 118500
Remittances (USD Million) 7144.00 6100 6100 6100 6100 6100
Foreign Direct Investment (USD Million) 90.80 164 167 167 167 172
Capital Flows (USD Million) 1659.00 -6880 -7430 -7430 -7430 -5800
Crude Oil Production (BBL/D/1K) 83.00 85 87 87 87 100

Government Actual Q3 Q4 Q1 Q2 2023
Government Debt to GDP (% of GDP) 84.00 80 84 80 80 80
Government Budget (% of GDP) -7.10 -6 -7.5 -6 -6 -6
Government Budget Value (PKR Billion) -3403.30 -1950 -3820 -1950 -1950 -1950
Government Spending (PKR Million) 4019571.00 1760300 1760300 4180354 4204471 4372650
Government Revenues (PKR Billion) 6903.40 5500 5500 5500 5500 5500
Government Debt (PKR Billion) 43704.10 45364 45961 46331 46915 51800
Fiscal Expenditure (PKR Billion) 10306.70 10464 10464 10464 10464 11057
Military Expenditure (USD Million) 10097.00 12000 12000 12000 12000 12000

Taxes Actual Q3 Q4 Q1 Q2 2023
Corporate Tax Rate (%) 29.00 29 29 29 29 29
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 17.00 17 17 17 17 17

Business Actual Q3 Q4 Q1 Q2 2023
Industrial Production (%) 15.88 5.5 10 10 10 10
Manufacturing Production (%) 8.20 4.1 8 8 8 8
Changes in Inventories (PKR Million) 664173.00 241815 241815 241815 241815 241815
Industrial Production Mom (%) 0.11 1.5 1.5 1.5 1.5 1.5
Cement Production (Thousands of Tonnes ) 3361.00 4100 4000 4000 4000 4000
Electricity Production (Gigawatt-hour) 9966.00 15539 9804 9804 9804 10104

Consumer Actual Q3 Q4 Q1 Q2 2023
Consumer Confidence (points) 41.46 38 37 39 43 44
Consumer Spending (PKR Million) 36948148.00 11692256 11692256 38426074 38647763 40193673
Gasoline Prices (USD/Liter) 1.14 1.18 1.22 1.27 1.31 1.31
Consumer Credit (PKR Million) 1031172.00 1062198 1086202 1049544 1078606 1147663
Private Sector Credit (PKR Million) 7730344.00 6956547 7105947 7105947 7105947 7404748


Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Pakistan Forecast - was last updated on Sunday, July 3, 2022.