Pakistan’s economy grew by 3.04% in the fiscal year 2025, surpassing the previous estimate of 2.68%, the Pakistan Bureau of Statistics announced. This growth reflects improvements across key sectors such as agriculture, industry, and services. The National Accounts Committee (NAC) shared updated data during its latest meeting, highlighting the country’s steady economic progress.
Agriculture growth rose to 1.51%, with notable increases in green fodder, vegetables, fruits, and tobacco production. However, important crops showed only slight improvement, while livestock growth slowed due to increased fodder use. Forestry and fishing also contributed positively with growth rates of 2.66% and 1.40%, respectively.
Read more: WB predicts GDP growth to remain ‘modest’ at 2.6% in FY26
The industrial sector performed well, growing 5.26%, higher than the earlier estimate of 4.77%. Mining and quarrying improved due to gains in oil, limestone, and marble production. Large-scale manufacturing saw a smaller loss, improving from -1.53% to -0.69%. These figures indicate strengthening industrial activity in the country.
Services grew by 3%, slightly up from 2.91%, supported by gains in wholesale and retail trade, transport, and finance. The transport sector improved due to better performance by airlines, storage, and ports. Finance and insurance showed growth due to a stronger insurance industry, although information and communication services slightly declined.
Read more: Pakistani Envoy Meets Canadian Minister to Boost Relations
The economy’s overall size reached Rs113.7 trillion ($407.2 billion), up from Rs105.2 trillion ($371.8 billion) last year. Per capita income rose to Rs506,188 ($1,812). Quarterly data showed steady improvements, with the economy growing 5.66% in the final quarter, driven mainly by industry’s 19.95% surge.