Economic Growth in Pakistan
The Pakistani economy recorded an average growth rate of 4.0% in the decade to 2023, below the 4.3% average for the Asia-Pacific region. In 2023, real GDP growth was 0.3%. For more GDP information, visit our dedicated page.
Pakistan GDP Chart
Note: This chart displays Economic Growth (GDP, annual variation in %) for Pakistan from 2024 to 2020.
Source: Macrobond.
Pakistan GDP Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Economic Growth (Real GDP, ann. var. %) | -0.9 | 5.8 | 6.2 | -0.2 | 2.5 |
| GDP (USD bn) | 301 | 349 | 375 | 339 | 373 |
| GDP (PKR bn) | 47,540 | 55,836 | 66,658 | 83,949 | 105,616 |
| Economic Growth (Nominal GDP, ann. var. %) | 8.5 | 17.5 | 19.4 | 25.9 | 25.8 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Pakistani GDP projections for the next ten years from a panel of 16 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable GDP forecast available for Pakistani GDP.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Pakistani GDP projections.
Want to get access to the full dataset of Pakistani GDP forecasts? Send an email to info@focus-economics.com.