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Economic Overview
Economy of Pakistan at a glance

Strengthening Our Economy

Pakistan’s economy has witnessed a moderate recovery in FY2024, led by agriculture, improved policies and resilience against inflation, global pressures, and fiscal issues.

Growth hits 2.38% despite challenges.
Agri-boom drives food security gains.
Industrial and service sectors rebound.

Resilience Drives Progress

With GDP up by 2.38% and agriculture growing 6.25%, Pakistan’s economy showed strong signs of recovery, supported by policy reforms and remittance efforts.

Agriculture rose by 6.25% in FY2024.
Rupee appreciated by nearly 3.0%
Reserves climbed to $14.6 billion.
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Economic Overview of Pakistan

KEY INDICATORS FY2024 KEY INDICATORS-Growth KEY INDICATORS-Money and Credit Jul-Mar FY2024 KEY INDICATORS-Fiscal Developmen KEY INDICATORS- Inflation KEY INDICATORS- Trade and Payments (Jul-Apr FY2024) Miscellaneous
KEY INDICATORS FY2024
GDP Growth 2.38%
Agriculture 6.25%
Industries 1.21%
Services 1.21%
Per Capita Income (US $) 1,680
Investment 13.1%
Savings 13.0%
KEY INDICATORS-Growth
Agriculture6.25%
Crops11.03%
Livestock3.89%
Forestry3.05%
Fishing0.81%
KEY INDICATORS-Money and Credit Jul-Mar FY2024
Wearing Apparel5.4%
Furniture23.1%
Leather Product5.3%
Fertilizer16.4%
Pharmaceutical23.2%
LSM Growth Rate-0.1%
Textile Growth-8.3%
Mining & Quarrying4.9%
KEY INDICATORS-Fiscal Development
Total Revenue(Rs. Trillion) 9.78
Total Expenditure(Rs. Trillion) 13.68
Tax Revenues29.3% Rs 7.26 tr
Non-Tax Revenues90.7% Rs 2.52 tr
Current Expenditure33.4% Rs 12.33 tr
Development Expenditure14.2% Rs 1.16 tr
Fiscal Deficit (as % of GDP)3.7% (same as last year)
Primary Surplus (as % of GDP)1.5%
KEY INDICATORS- Inflation
Consumer Price Index (CPI)24.5% (FY2024)*
29.2% (FY2023)*
CPI Urban25.1% (FY2024)*
26.8% (FY2023)*
Food24.2% (FY2024)*
37.3% (FY2023)*
Non-Food25.7% (FY2024)*
20.3% (FY2023)*
Sensitive Price Indicator (SPI)28.7% (FY2024)*
32.8% (FY2023)*
Wholesale Price Index (WPI)21.1% (FY2024)*
33.9% (FY2023)*
FAO Food Price Index-13.8% (2023/22)
-7.5% (Apr-24/Apr-23)
KEY INDICATORS- Trade and Payments (Jul-Apr FY2024)
Current Account Deficit0.2
Exports25.7
Imports43.4
Trade Deficit17.7
Remittances23.8
Foreign Direct Investment1.5
Miscellaneous
Expenditure (FY2023)1.5 (as % of GDP)
Literacy Rate62.8%
Universities263
Higher Education Allocation69.7 (Rs. billion)
Public Health Expenditure1.0 (As % of GDP FY2023)
Hospitals1,284 (2023)
Registered Doctors299,113 (2022)
Unemployment Rate6.3% (LFS 2021)
Pakistan Post’s Network10,408 (number)
Total Electricity68,559 (GWh)
Petroleum Products12.30 (million tonnes)
Gas3,207 (Mmcfd)
Coal17.3 (million tonnes)
IT and ITeS Companies20,000** (Regd. with PSEB)
Freelancers’ Remittances350.2* (US$ million)
Total Telecom Subscribers194.6** (million)
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