Pakistan GDP Growth Revised to 3.65% for FY26, Economy Reaches $450.4 Billion
The official Pakistan GDP growth figure for FY26 (July 2025–June 2026) has been revised down slightly to 3.65% from the provisional estimate…
The official Pakistan GDP growth figure for FY26 (July 2025–June 2026) has been revised down slightly to 3.65% from the provisional estimate of 3.70%. The National Accounts Committee (NAC) approved the revised figures at its 118th meeting on 19 October 2026. The economy is now valued at $450.4 billion (Rs. 126.4 trillion), and per capita income at $1,896.
Pakistan GDP growth FY26: key figures
| FY26 GDP growth (revised) | 3.65% (provisional: 3.70%) |
| FY25 GDP growth (revised) | 3.11% (earlier: 3.18%) |
| Size of economy FY26 | Rs. 126.4 trillion ($450.4 billion) |
| Size of economy FY25 | Rs. 114.9 trillion ($408.7 billion) |
| Per capita income FY26 | Rs. 531,897 ($1,896) |
Sources: NAC figures reported by Profit and HUM News. The meeting was held at Pakistan Bureau of Statistics headquarters in Islamabad and chaired by the Secretary of the Planning Ministry. Official data: pbs.gov.pk.
Sector-wise growth: agriculture up, industry and services down
| Sector | Revised FY26 | Provisional |
|---|---|---|
| Agriculture | 3.50% | 2.89% |
| Industry | 3.34% | 3.51% |
| Large-scale manufacturing | 5.01% | 6.11% |
| Services | 3.81% | 4.09% |
| Information and communication | 9.53% | 7.52% |
| Construction | 6.30% | 5.73% |
| Wholesale and retail trade | 2.37% | 3.71% |
| Electricity, gas and water | –10.24% | –10.63% |
Agriculture did better than first thought, with important crops growing 1.59% instead of 0.65%. But large-scale manufacturing and wholesale and retail trade were revised down sharply, pulling overall growth lower. Information and communication was the fastest-growing major services sector at 9.53%.
Growth slowed sharply in the last quarter
| Quarter of FY26 | GDP growth |
|---|---|
| Q1 (Jul–Sep 2025) | 3.89% |
| Q2 (Oct–Dec 2025) | 4.31% |
| Q3 (Jan–Mar 2026) | 4.42% |
| Q4 (Apr–Jun 2026) | 2.00% |
The economy grew 4.4% in the third quarter but only 2% in April to June 2026, when industry shrank 4.70% and electricity, gas and water output fell 33.19%. This was the period when petrol and diesel prices hit record highs in early April, after the US-Iran war began in late February.
What the revised Pakistan GDP growth means
Revised Pakistan GDP growth of 3.65% is only slightly lower than first estimated. A $450 billion economy and a per capita income of about $1,900 show modest progress, but growth of under 4% is not enough to create jobs for Pakistan’s young population. The World Bank, in its latest Pakistan update, said faster reforms could lift sustained growth to 6–7% a year. See also our reports on inflation in Pakistan and SBP reserves.
Frequently asked questions
What was Pakistan’s GDP growth in FY26?
3.65%, according to the revised NAC estimate of 19 October 2026.
What is Pakistan’s per capita income?
$1,896 (Rs. 531,897) in FY26.
How big is Pakistan’s economy?
$450.4 billion, or Rs. 126.4 trillion, in FY26.
Featured image: AI-generated illustration, for representation only.
