GDP in Pakistan

Pakistan GDP | Economic News & Forecasts

Pakistan - GDP

The economy expanded robustly in fiscal year 2021 (July 2020–June 2021), due to stronger domestic demand and a healthy external sector. However, economic momentum has seemingly lost some steam in Q1 FY 2022 (July–September 2021), as a third wave of Covid-19 has likely hampered economic sentiment and weighed on activity—amid some partial lockdowns in place since July. Moreover, worker remittances and export growth averaged markedly lower in July–August relative to the previous quarter, boding poorly for overall GDP. Furthermore, industrial production posted the worst year-on-year result since June 2020 in July, as large-scale manufacturing growth slowed notably. On a positive note, affordable housing loans under the government’s flagship markup subsidy scheme generated a surge in lending activity in July–August, and it should have continued to gain momentum in September.

Pakistan - GDP Data

2015   2016   2017   2018   2019  
Economic Growth (GDP, annual variation in %)4.7  5.5  5.6  5.8  1.0  

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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

Value Change Date
Bond Yield11.000.0 %Jan 01
Exchange Rate154.9-0.05 %Jan 01

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