Pakistan Real GDP Growth

2001 - 2023 | Yearly | % | CEIC Data

Key information about Pakistan Real GDP Growth

  • The Gross Domestic Product (GDP) in Pakistan expanded 1.7 % YoY in Jun 2023, following a growth of 4.7 % in the previous year.
  • Real GDP Growth YoY data in Pakistan is updated yearly, available from Jun 2001 to Jun 2023, with an average rate of 4.2 %.
  • The data reached an all-time high of 7.8 % in Jun 2004 and a record low of -1.3 % in Jun 2020.
CEIC calculates annual Real GDP Growth from annual Real GDP. The Pakistan Bureau of Statistics provides Real GDP in local currency, at chain linked 2015-2016 prices. Real GDP Growth is in annual frequency, ending in June of each year.


Related information about Pakistan Real GDP Growth

  • In the latest reports, Nominal GDP of Pakistan reached 375.4 USD bn in Jun 2022.
  • Its GDP deflator (implicit price deflator) increased 25.0 % in Jun 2023.
  • GDP Per Capita in Pakistan reached 1,552.3 USD in Jun 2021.
  • Its Gross Savings Rate was measured at 6.0 % in Jun 2023.
  • For Nominal GDP contributions, Investment accounted for 13.6 % in Jun 2023.
  • Public Consumption accounted for 9.7 % in Jun 2023.
  • Private Consumption accounted for 84.2 % in Jun 2023.

View Pakistan's Real GDP Growth from 2001 to 2023 in the chart:

Pakistan Real GDP Growth

What was Pakistan's Real GDP Growth in 2023?

The Gross Domestic Product (GDP) in Pakistan expanded 1.7 % YoY in Jun 2023, following a growth of 4.7 % in the previous year. See the table below for more data.

Last Previous Min Max Unit Frequency Range
1.7 2023 4.7 2022 -1.3 2020 7.8 2004 % yearly 2001 - 2023

Real GDP Growth by Country Comparison

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Includes Real GDP Growth on 116 economies standardised by CEIC. Instant access to full history data in excel.
country/region Last Frequency Range
Albania (%) 4.7 Dec 2022 quarterly Mar 2010 - Dec 2022
Algeria (%) 3.0 Mar 2023 quarterly Mar 2000 - Mar 2023
Argentina (%) 1.2 Mar 2023 quarterly Mar 2005 - Mar 2023
Armenia (%) 12.1 Mar 2023 quarterly Mar 2001 - Mar 2023
Australia (%) 2.7 Dec 2022 quarterly Sep 1960 - Dec 2022
Austria (%) 1.8 Mar 2023 quarterly Mar 1989 - Mar 2023
Azerbaijan (%) 1.1 Dec 2023 quarterly Mar 2001 - Dec 2023
Bahrain (%) 2.5 Sep 2023 quarterly Mar 2009 - Sep 2023
Bangladesh (%) 7.1 2022 yearly 2007 - 2022
Belarus (%) -2.0 Mar 2023 quarterly Mar 2006 - Mar 2023
Belgium (%) 1.9 Sep 2022 quarterly Mar 1996 - Sep 2022
Bolivia (%) 4.3 Jun 2022 quarterly Mar 1991 - Jun 2022
Bosnia and Herzegovina (%) 2.6 Sep 2022 quarterly Mar 2009 - Sep 2022
Botswana (%) 6.3 Sep 2022 quarterly Mar 1995 - Sep 2022
Brazil (%) 3.4 Mar 2023 quarterly Mar 1997 - Mar 2023
Brunei (%) 0.9 Sep 2022 quarterly Mar 2005 - Sep 2022
Bulgaria (%) 2.3 Dec 2022 quarterly Mar 1996 - Dec 2022
Cambodia (%) 5.3 2022 yearly 1994 - 2022
Canada (%) 2.1 Dec 2022 quarterly Mar 1962 - Dec 2022
Chile (%) -0.1 Sep 2022 quarterly Mar 1987 - Sep 2022
China (%) 4.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Colombia (%) 2.9 Dec 2022 quarterly Mar 2001 - Dec 2022
Croatia (%) 4.0 Dec 2022 quarterly Mar 1996 - Dec 2022
Cyprus (%) 3.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Czech Republic (%) 0.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Denmark (%) 1.5 Dec 2022 quarterly Mar 1992 - Dec 2022
Ecuador (%) 3.2 Sep 2022 quarterly Mar 1994 - Sep 2022
Egypt (%) 4.4 Sep 2022 quarterly Sep 2002 - Sep 2022
Estonia (%) -4.4 Dec 2022 quarterly Mar 1996 - Dec 2022
European Union (%) 1.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Finland (%) -0.3 Mar 2023 quarterly Mar 1976 - Mar 2023
France (%) 0.9 Mar 2023 quarterly Mar 1950 - Mar 2023
Georgia (%) 9.7 Dec 2022 quarterly Mar 1998 - Dec 2022
Germany (%) -0.5 Mar 2023 quarterly Mar 1992 - Mar 2023
Ghana (%) 0.5 Sep 2023 quarterly Jun 2006 - Sep 2023
Greece (%) 5.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Hong Kong SAR, China (%) 2.8 Mar 2023 quarterly Mar 1991 - Mar 2023
Hungary (%) 0.8 Dec 2022 quarterly Mar 1996 - Dec 2022
Iceland (%) 6.1 Mar 2023 quarterly Mar 1996 - Mar 2023
India (%) 4.4 Dec 2022 quarterly Jun 2005 - Dec 2022
Indonesia (%) 5.0 Dec 2022 quarterly Mar 1994 - Dec 2022
Iran (%) 5.0 Mar 2022 quarterly Jun 1989 - Mar 2022
Ireland (%) -0.3 Mar 2023 quarterly Mar 1996 - Mar 2023
Israel (%) 2.5 Dec 2022 quarterly Mar 1996 - Dec 2022
Italy (%) 1.4 Dec 2022 quarterly Mar 1982 - Dec 2022
Ivory Coast (%) 6.8 2022 yearly 1966 - 2022
Japan (%) 0.4 Dec 2022 quarterly Mar 1956 - Dec 2022
Jordan (%) 2.8 Mar 2023 quarterly Mar 1993 - Mar 2023
Kazakhstan (%) 3.4 Mar 2023 quarterly Mar 2006 - Mar 2023
Kenya (%) 5.2 Sep 2022 quarterly Mar 2010 - Sep 2022
South Korea (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Kosovo (%) 4.0 Dec 2023 quarterly Mar 2011 - Dec 2023
Kuwait (%) 0.3 Sep 2023 quarterly Jun 2010 - Sep 2023
Kyrgyzstan (%) 7.0 Dec 2022 quarterly Mar 2007 - Dec 2022
Laos (%) 3.5 2021 yearly 2003 - 2021
Latvia (%) 0.4 Mar 2023 quarterly Mar 1996 - Mar 2023
Lebanon (%) -25.9 2020 yearly 2005 - 2020
Lithuania (%) -0.4 Dec 2022 quarterly Jun 1995 - Dec 2022
Luxembourg (%) -2.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Macau SAR, China (%) -23.4 Dec 2022 quarterly Mar 2002 - Dec 2022
North Macedonia (%) 0.6 Dec 2022 quarterly Mar 2001 - Dec 2022
Malawi (%) 4.0 2018 yearly 2003 - 2018
Malaysia (%) 7.0 Dec 2022 quarterly Mar 2001 - Dec 2022
Malta (%) 4.3 Dec 2023 quarterly Mar 2001 - Dec 2023
Mauritius (%) 7.4 Sep 2022 quarterly Mar 2001 - Sep 2022
Mexico (%) 3.7 Dec 2022 quarterly Mar 1981 - Dec 2022
Moldova (%) -10.3 Sep 2022 quarterly Mar 1996 - Sep 2022
Mongolia (%) 7.7 Dec 2022 quarterly Mar 2011 - Dec 2022
Montenegro (%) 4.3 Dec 2023 quarterly Mar 2011 - Dec 2023
Morocco (%) 0.5 Dec 2022 quarterly Mar 2008 - Dec 2022
Mozambique (%) 2.0 Dec 2018 quarterly Jun 2007 - Dec 2018
Myanmar (%) 3.5 2022 yearly 2011 - 2022
Nepal (%) 0.7 Dec 2023 quarterly Dec 2004 - Dec 2023
Netherlands (%) 2.1 Mar 2023 quarterly Mar 1997 - Mar 2023
New Zealand (%) 1.8 Mar 2023 quarterly Jun 1983 - Mar 2023
Nigeria (%) 2.3 Mar 2023 quarterly Mar 2011 - Mar 2023
Norway (%) 1.8 Dec 2022 quarterly Mar 1979 - Dec 2022
Oman (%) 3.1 2021 yearly 1999 - 2021
Pakistan (%) 1.7 2023 yearly 2001 - 2023
Palestinian Territory (%) -29.3 Dec 2023 quarterly Jun 2000 - Dec 2023
Panama (%) 9.5 Sep 2022 quarterly Mar 2008 - Sep 2022
Paraguay (%) 5.2 Mar 2023 quarterly Mar 1995 - Mar 2023
Peru (%) -0.4 Mar 2023 quarterly Mar 1981 - Mar 2023
Philippines (%) 7.1 Dec 2022 quarterly Mar 1999 - Dec 2022
Poland (%) 0.4 Dec 2022 quarterly Mar 1996 - Dec 2022
Portugal (%) 1.8 Jun 2019 quarterly Mar 1996 - Jun 2019
Qatar (%) 1.0 Jun 2023 quarterly Mar 2012 - Jun 2023
Romania (%) 2.9 Mar 2023 quarterly Mar 1996 - Mar 2023
Russia (%) -2.6 Mar 2023 quarterly Mar 1996 - Mar 2023
Saudi Arabia (%) -3.7 Dec 2023 quarterly Mar 2011 - Dec 2023
Serbia (%) 4.5 Sep 2019 quarterly Mar 1997 - Sep 2019
Singapore (%) 0.4 Mar 2023 quarterly Mar 1976 - Mar 2023
Slovakia (%) 1.2 Dec 2022 quarterly Mar 1994 - Dec 2022
Slovenia (%) 2.6 Dec 2023 quarterly Mar 1996 - Dec 2023
South Africa (%) 1.3 Dec 2022 quarterly Mar 1961 - Dec 2022
Spain (%) 2.7 Dec 2022 quarterly Mar 1996 - Dec 2022
Sri Lanka (%) -12.4 Dec 2022 quarterly Mar 2011 - Dec 2022
Sudan (%) -1.9 2021 yearly 1983 - 2021
Sweden (%) -0.1 Dec 2022 quarterly Mar 1982 - Dec 2022
Switzerland (%) 0.7 Mar 2023 quarterly Mar 1966 - Mar 2023

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Pakistan Key Series

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Includes 210 key indicators for Pakistan, curated by CEIC analysts. Instant access to full history data in excel.
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -7.9 2022 yearly 2000 - 2022
Consolidated Fiscal Balance (USD mn) -29,641.346 2022 yearly 1991 - 2022
Tax Revenue (USD mn) 17,078.862 Dec 2023 quarterly Sep 2000 - Dec 2023
Tax Revenue: % of GDP (%) 5.8 2023 yearly 2000 - 2023
Government Debt: % of GDP (%) 71.6 2022 yearly 2000 - 2022
Forecast: Government Expenditure (PKR bn) 29,450.360 2028 yearly 1993 - 2028
Forecast: Government Net Debt (PKR bn) 113,284.270 2028 yearly 1994 - 2028
Forecast: Government Revenue (PKR bn) 21,759.820 2028 yearly 1980 - 2028
CG Revenue: ytd: Tax (PKR mn) 4,834,306.000 Dec 2023 quarterly Sep 2000 - Dec 2023
Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) 2,280,470.000 2022 yearly 2016 - 2022
CG Expenditure: ytd: Current (PKR mn) 8,564,632.000 Dec 2023 quarterly Sep 2000 - Dec 2023
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 5.363 2028 yearly 1980 - 2028
Trade Balance (USD mn) -2,171.0 Mar 2024 monthly Jan 1968 - Mar 2024
Total Exports (USD mn) 2,555.0 Mar 2024 monthly Jan 1996 - Mar 2024
Total Exports Growth (%) 7.5 Mar 2024 monthly Dec 1988 - Mar 2024
Aluminum: Exports (USD th) 43,709.814 2022 yearly 1995 - 2022
Exports: Medicament (USD th) 229,266.745 2022 yearly 1995 - 2022
Exports: Medicinal and Pharmaceutical Product (USD th) 6,879.761 2022 yearly 1995 - 2022
Total Imports (USD mn) 4,726.0 Mar 2024 monthly Jan 1996 - Mar 2024
Total Imports Growth (%) 23.3 Mar 2024 monthly Dec 1988 - Mar 2024
Imports: Medicament (USD th) 322,961.887 2022 yearly 1995 - 2022
Imports: Medicinal and Pharmaceutical Product (USD th) 1,291,292.991 2022 yearly 1995 - 2022
Total Exports to USA (USD mn) 604.935 Dec 2021 monthly Jan 1969 - Dec 2021
Total Imports from USA (USD mn) 155.755 Dec 2023 monthly Jan 2006 - Dec 2023
Total Exports to China (USD mn) 169.041 Feb 2024 monthly Jan 2006 - Feb 2024
Total Imports from China (USD mn) 1,041.271 Dec 2023 monthly Jan 2006 - Dec 2023
Exports: Petroleum & Coal (PKR mn) 11.000 Feb 2024 monthly Sep 1999 - Feb 2024
Trade Balance: USD (USD mn) -3,192.00 Jul 2018 monthly Jan 1996 - Jul 2018
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) 14.0 Dec 2023 quarterly Sep 2002 - Dec 2023
Current Account Balance (USD mn) 198.0 Dec 2023 quarterly Mar 1976 - Dec 2023
Current Account Balance: % of GDP (%) -0.7 2023 yearly 1977 - 2023
Foreign Direct Investment (USD mn) 131.2 Feb 2024 monthly Jul 1997 - Feb 2024
Foreign Direct Investment: % of GDP (%) 0.5 2023 yearly 1977 - 2023
Foreign Portfolio Investment (USD mn) 63.000 Dec 2023 quarterly Sep 2002 - Dec 2023
Foreign Portfolio Investment: % of GDP (%) -0.0 2022 yearly 2003 - 2022
Foreign Portfolio Investment: Equity Securities (USD mn) 63.0 Dec 2023 quarterly Sep 2002 - Dec 2023
Foreign Portfolio Investment: Debt Securities (USD mn) 0.000 Dec 2023 quarterly Sep 2002 - Dec 2023
External Debt (USD mn) 131,159.1 Dec 2023 quarterly Jun 2006 - Dec 2023
External Debt: % of GDP (%) 37.2 2023 yearly 2000 - 2023
External Debt: Short Term (USD mn) 2,766.6 Dec 2023 quarterly Jun 2006 - Dec 2023
External Debt: Short Term: % of GDP (%) 0.8 2023 yearly 2006 - 2023
Forecast: Current Account Balance (USD bn) -2.387 2023 yearly 1980 - 2023
Net International Investment Position (USD mn) -130,433.822 Dec 2023 quarterly Mar 2009 - Dec 2023
BoP: Debit: Current Account (CA) (USD mn) 17,951.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Credit: Current Account (CA) (USD mn) 18,149.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Errors and Omissions (USD mn) -169.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: CA: Primary Income (PI) (USD mn) -2,145.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Dr: CA: GS: Goods (USD mn) 12,912.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: CA: Secondary Income (USD mn) 7,599.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Other Investment (OI): Liabilities (USD mn) 279.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Capital Account (CP) (USD mn) 48.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Cr: Capital Account (CP) (USD mn) 48.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Other Investment (OI) (USD mn) -178.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Cr: CA: GS: Services (USD mn) 1,952.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Financial Account (FA) (USD mn) -690.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Financial Account (FA): Liabilities (USD mn) 4,314.000 Sep 2023 quarterly Sep 2002 - Sep 2023
BoP: Cr: CA: GS: Goods (USD mn) 8,287.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Portfolio Investment: Liabilities (USD mn) 62.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Cr: CA: Primary Income (PI) (USD mn) 206.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Financial Account (FA): Assets (USD mn) 2,942.000 Sep 2023 quarterly Sep 2002 - Sep 2023
BoP: Dr: Capital Account (CP) (USD mn) 0.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) 0.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Direct Investment: Assets (USD mn) 14.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Portfolio Investment (USD mn) -62.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Portfolio Investment: Assets (USD mn) 0.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Other Investment (OI): Assets (USD mn) 101.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Cr: CA: Secondary Income (USD mn) 7,704.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Direct Investment (USD mn) -450.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: CA: GS: Services (USD mn) -631.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: FA: Reserve Assets (RA) (USD mn) 527.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Dr: CA: GS: Services (USD mn) 2,583.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Dr: CA: Secondary Income (USD mn) 105.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: Dr: CA: Primary Income (PI) (USD mn) 2,351.000 Dec 2023 quarterly Sep 2002 - Dec 2023
BoP: CA: GS: Goods (USD mn) -4,625.000 Dec 2023 quarterly Sep 2002 - Dec 2023
IIP: Assets (USD mn) 26,670.559 2023 yearly 2014 - 2023
International Investment Position (IIP): Net (USD mn) -130,433.822 2023 yearly 2014 - 2023
IIP: Liabilities (USD mn) 157,104.381 2023 yearly 2014 - 2023
External Debt: Private Sector (USD mn) 12,276.898 Dec 2023 quarterly Jun 2006 - Dec 2023
External Debt: Public (USD mn) 99,700.385 Dec 2023 quarterly Jun 2006 - Dec 2023
Workers' Remittances (USD mn) 2,249.765 Feb 2024 monthly Jul 1972 - Feb 2024
Foreign Investment: Direct Investment: Outflow: United States (USD mn) 1.669 Feb 2024 monthly Jul 2012 - Feb 2024
Foreign Investment: Direct Investment: Hong Kong (USD mn) 27.658 Feb 2024 monthly Jul 2001 - Feb 2024
Foreign Investment: Direct Investment: Italy (USD mn) 0.963 Feb 2024 monthly Jul 2011 - Feb 2024
Foreign Investment: Direct Investment: Switzerland (USD mn) 0.129 Feb 2024 monthly Jul 2001 - Feb 2024
Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) 0.660 Feb 2024 monthly Jul 2012 - Feb 2024
Foreign Investment: Direct Investment: Outflow: China (USD mn) 1.036 Feb 2024 monthly Jul 2012 - Feb 2024
Foreign Investment: Direct Investment: United Kingdom (USD mn) 22.215 Feb 2024 monthly Jul 2001 - Feb 2024
Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) 1.379 Feb 2024 monthly Jul 2012 - Feb 2024
Foreign Investment: Direct Investment: United States (USD mn) 9.043 Feb 2024 monthly Jul 2001 - Feb 2024
Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) 1.558 Feb 2024 monthly Jul 2012 - Feb 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 7.6 Dec 2023 quarterly Mar 2006 - Dec 2023
Non-Performing Loans (USD mn) 3,584.230 Dec 2023 quarterly Sep 2003 - Dec 2023
Money Supply M1 (USD mn) 39,342.676 Feb 2024 monthly Jul 1991 - Feb 2024
Money Supply M2 (USD mn) 116,827.767 Dec 2023 monthly Jan 1988 - Dec 2023
M2 Growth (%) 15.3 Feb 2024 monthly Jan 1989 - Feb 2024
Reserve Requirement Ratio (%) 5.0 Feb 2024 monthly Jul 2006 - Feb 2024
Foreign Exchange Reserves (USD mn) 11,992.2 Oct 2023 monthly Jan 1959 - Oct 2023
Foreign Exchange Reserves: % of GDP (%) 5.000 Feb 2024 monthly Jul 2006 - Feb 2024
Foreign Exchange Reserves: Months of Import (NA) 2.5 Oct 2023 monthly Jan 1996 - Oct 2023
Gold Reserves (USD mn) 4,258.550 Feb 2024 monthly Dec 1956 - Feb 2024
Total Deposits (USD mn) 97,391.375 2022 yearly 1997 - 2022
Total Deposits Growth (%) 8.8 2022 yearly 1998 - 2022
Domestic Credit (USD mn) 150,734.8 Feb 2024 monthly Jun 2008 - Feb 2024
Domestic Credit Growth (%) 20.4 Feb 2024 monthly Jun 2009 - Feb 2024
Total Loans (USD mn) 42,071.226 Feb 2024 monthly Sep 2007 - Feb 2024
Total Loans Growth (%) 2.82 Feb 2024 monthly Sep 2008 - Feb 2024
Private Debt: % of Nominal GDP (%) 9.41 2023 yearly 2005 - 2023
Money Supply M0: Reserve Money (PKR mn) 10,975,430.375 Feb 2024 monthly Jan 2005 - Feb 2024
ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) 2,711.52 May 2018 monthly Oct 2003 - May 2018

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