GDP in Pakistan

Pakistan GDP | Economic News & Forecasts

Pakistan - GDP

The economy remains in choppy waters. The budget deficit was elevated in July-December 2018 as fiscal consolidation efforts bore little fruit, while public debt was up markedly year-on-year in February. Moreover, manufacturing output shrank sharply in January, negatively impacted by the government’s stabilization measures, while the latest data suggests the agricultural sector is struggling. More positively, the external sector has strengthened somewhat: The trade deficit has narrowed notably in the first two months of this calendar year, remittances were up markedly in July-March, while international reserves have recently picked up slightly. That said, the current account shortfall is still gaping. On the political front, negotiations with the IMF over a crucial bailout package are ongoing, and the Fund will visit the country before end-April, potentially to wrap up a deal.

Pakistan - GDP Data

2013  2014  2015  2016  2017  
Economic Growth (GDP, annual variation in %)3.7  4.1  4.1  4.6  5.4  

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Pakistan GDP Chart


Pakistan GDP
Note: Annual variation of gross domestic product (GDP) in %.
Source: State Bank of Pakistan.

Pakistan Facts

ValueChangeDate
Bond Yield13.210.0 %Apr 22
Exchange Rate141.7-0.05 %Apr 22

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