ISLAMABAD: Pakistan’s economy has experienced notable growth during the current fiscal year, with official figures revealing a record increase in both the overall economic size and per capita income, according to data released by the Ministry of Planning and Development.
The country’s Gross Domestic Product (GDP) grew by $39.3 billion, reaching a total of $410.96 billion, compared to $371.66 billion in the previous fiscal year.
In local currency terms, nominal GDP jumped from Rs105.1 trillion to Rs114.7 trillion, reflecting a substantial expansion of the economy.
Per capita income also posted strong growth, rising to Rs509,174 from Rs475,281 last year. While this marks significant progress, it still fell short of the government’s target of Rs543,968.
Measured in dollars, per capita income increased by $144, up from $1,680 to $1,824.
Economists view the growth in GDP and per capita income as encouraging signs of economic resilience. However, they caution that persistent inflation, employment generation, and long-overdue structural reforms remain critical challenges for sustaining long-term economic stability and inclusive growth.
