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Pakistan Raises GDP Growth to 3.04% for FY25 After Strong Q4

Pakistan Raises GDP Growth to 3.04% for FY25 After Strong Q4

The government raised Pakistan’s GDP growth rate for FY25 to 3.04%, up from the earlier estimate of 2.68%.
Updated data shows strong expansion of 5.66% in the fourth quarter (April–June). This growth pushed the overall annual rate higher.
As a result, the country’s economic size reached $407.2 billion, and per capita income increased to $1,812. The National Accounts Committee (NAC) approved the revised numbers during its 114th meeting in Islamabad.

Quarterly Growth Trends

The NAC also updated growth rates for previous quarters. GDP rose from 1.37% to 1.80% in Q1, 1.53% to 1.94% in Q2, and 2.40% to 2.79% in Q3.
The fourth quarter, however, delivered the strongest growth of 5.66%, showing renewed momentum in key sectors.
Agriculture, industry, and services grew by 0.18%, 19.95%, and 3.72%, respectively. Major crops fell by 17.55%, but other crops gained 17.99%. Strong output of green fodder, onions, and mangoes lifted the sector. Livestock, forestry, and fishing also showed positive growth.

Industrial and Service Gains

The industrial sector showed a major turnaround. It grew 19.95%, compared to a 3.06% decline last year. Mining, manufacturing, and utilities all posted gains. The electricity, gas, and water supply sector expanded 121.38% because of higher subsidies, a low base effect, and better energy management.
The services sector also improved slightly to 2.25%, driven by growth in transport and storage. These sectors helped sustain overall economic stability.
The NAC confirmed FY24 growth at 2.58%, up from 2.51% earlier. Agriculture remained at 6.40%, while industry improved from -1.37% to -1.19%. The services sector edged higher from 2.19% to 2.25%.
These revised figures reflect a steady and more confident economic outlook for Pakistan. The government aims to maintain this momentum through continued policy support and stronger industrial performance.

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