Pakistan fell short of its GDP growth target of 3.6% for the outgoing fiscal year, recording actual growth of 2.7%, according to the Economic Survey 2024–25. Provisional data show that the agriculture, industrial, and services sectors grew by 0.56%, 4.77%, and 2.91%, respectively.
Commenting on the global outlook, Finance Minister Muhammad Aurangzeb noted that global GDP growth stood at 3.5% in 2023, declined to 3.3% in 2024, and is projected to fall to 2.8%, based on the latest estimates.
Key highlights from the survey include the following:
- Pakistan’s economy expanded by 2.68% to $411 billion in FY2025, up from 2.51% growth in FY2024.
- The services sector (58.4% of GDP) grew by 2.91%, agriculture by 0.56%, and industry by 4.77%.
- Per capita income rose 9.75% to $1,824.
- Primary surplus reached a record 3% of GDP (July–March FY2025).
- Investment-to-GDP ratio improved to 13.8%.
- CPI inflation declined to 4.7%, down from 26% the previous year.
- The KIBOR rate fell 9.7 percentage points to 11.3%.
