Markets Actual Q1 Q2 Q3 Q4 2022
Currency 158.75 160 161 162 163 165
Stock Market (points) 46227.65 44846 43429 42058 40729 38071
Government Bond 10Y (%) 10.09 10.21 10.32 10.45 10.57 10.81

Overview Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -0.38 1.5 1.5 1.5 1.5 4
Unemployment Rate (%) 4.10 6.5 6.5 6.5 6.5 6
Inflation Rate (%) 5.65 7.6 7.5 6.5 7.5 7.5
Interest Rate (%) 7.00 7 7 7 7 7
Balance of Trade (PKR Million) -417562.00 -290000 -300000 -319200 -329000 -329000
Current Account (USD Million) 266.00 -1500 -1700 -2000 -2500 -3000
Current Account to GDP (%) -1.10 -2.5 -2.5 -2.5 -2.5 -3.5
Government Debt to GDP (%) 87.00 85 85 85 85 80
Government Budget (% of GDP) -8.10 -7.5 -7.5 -7.5 -7.5 -6.5
Consumer Confidence (points) 43.05 48 50 50 50 50
Corporate Tax Rate (%) 29.00 31 29 29 31 31
Personal Income Tax Rate (%) 35.00 20 35 35 20 20

GDP Actual Q1 Q2 Q3 Q4 2022
GDP Annual Growth Rate (%) -0.38 1.5 1.5 1.5 1.5 4
GDP (USD Billion) 278.22 282 282 282 282 310
GDP Constant Prices (PKR Million) 13332570.00 13532554 13532554 13532554 13532559 14073861
Gross National Product (PKR Million) 14435379.00 14651910 14651910 14651910 14651910 15237986
Gross Fixed Capital Formation (PKR Million) 1829962.00 1857411 1857411 1857411 1857411 1931708
GDP per capita (USD) 1185.50 1190 1190 1190 1190 1250
GDP per capita PPP (USD) 4690.50 4590 4590 4590 4590 4680
GDP From Agriculture (PKR Million) 2362209.00 2397642 2397642 2397642 2397642 2493548
GDP From Construction (PKR Million) 318064.00 322835 322835 322835 322835 335748
GDP From Manufacturing (PKR Million) 1663118.00 1688065 1688065 1688065 1688065 1755587
GDP From Mining (PKR Million) 349684.00 354929 354929 354929 354929 369126
GDP From Services (PKR Million) 7803812.00 7920869 7920869 7920869 7920869 8237704
GDP From Transport (PKR Million) 1643625.00 1668279 1668279 1668279 1668279 1735011

Labour Actual Q1 Q2 Q3 Q4 2022
Unemployment Rate (%) 4.10 6.5 6.5 6.5 6.5 6
Employed Persons (Thousand ) 61710.00 59500 59500 59500 59500 59500
Population (Million) 219.00 225 225 225 225 230

Prices Actual Q1 Q2 Q3 Q4 2022
Inflation Rate (%) 5.65 7.6 7.5 6.5 7.5 7.5
Consumer Price Index CPI (points) 140.56 142 142 135 151 163
Core Inflation Rate (%) 5.40 7 8.5 6 6.5 6.5
GDP Deflator (points) 312.97 337 336 333 336 362
Producer Prices (points) 153.53 150 152 152 342 163
Inflation Rate Mom (%) -0.68 0.3 0.8 0.5 0.5 0.5
Food Inflation (%) 6.70 7.5 5.5 5.5 4 4
CPI Transportation (points) 141.48 150 132 151 149 161
Producer Prices Change (%) 6.37 5.5 12 3.5 4.4 4

Money Actual Q1 Q2 Q3 Q4 2022
Interest Rate (%) 7.00 7 7 7 7 7
Interbank Rate (%) 7.19 7.2 7.2 7.2 7.2 7.2
Money Supply M2 (PKR Million) 21063278.00 21248671 21812266 22333182 22939456 25193835
Deposit Interest Rate (%) 5.70 5.77 5.77 5.77 5.77 5.77
Loans To Private Sector (PKR Million) 5145334.00 5441208 5349810 5222514 5222514 5431415
Foreign Exchange Reserves (USD Million) 19907.50 20930 21646 22133 23079 25960

Trade Actual Q1 Q2 Q3 Q4 2022
Balance of Trade (PKR Million) -417562.00 -290000 -300000 -319200 -329000 -329000
Current Account (USD Million) 266.00 -1500 -1700 -2000 -2500 -3000
Current Account to GDP (%) -1.10 -2.5 -2.5 -2.5 -2.5 -3.5
Imports (PKR Million) 759772.00 614000 656000 635000 641000 641000
Exports (PKR Million) 342210.00 314000 336800 315500 312000 312000
External Debt (USD Million) 115756.00 120000 117500 117500 118500 118500
Remittances (USD Million) 7060.00 5700 5700 5900 5800 5900
Foreign Direct Investment (USD Million) 112.30 290 300 280 300 300
Crude Oil Production (BBL/D/1K) 85.00 92 92 92 95 95

Government Actual Q1 Q2 Q3 Q4 2022
Government Debt to GDP (%) 87.00 85 85 85 85 80
Government Budget (% of GDP) -8.10 -7.5 -7.5 -7.5 -7.5 -6.5
Government Budget Value (PKR Billion) -3376.30 -3700 -3700 -3700 -3700 -3200
Government Spending (PKR Million) 1661397.00 1686318 1686318 1686318 1686318 1753771
Government Revenues (PKR Billion) 6272.20 5000 5000 5000 5000 5500
Government Debt (PKR Billion) 35555.40 45000 45000 39000 41000 41000
Fiscal Expenditure (PKR Billion) 9648.50 8700 8700 8700 8700 8700
Military Expenditure (USD Million) 12686.00 13000 13000 13000 13000 13000

Taxes Actual Q1 Q2 Q3 Q4 2022
Corporate Tax Rate (%) 29.00 31 29 29 31 31
Personal Income Tax Rate (%) 35.00 20 35 35 20 20
Sales Tax Rate (%) 17.00 17 17 17 17 17

Business Actual Q1 Q2 Q3 Q4 2022
Industrial Production (%) 11.20 5.5 20 8.5 10 10
Manufacturing Production (%) 13.60 15 9.5 6.5 10 10
Changes in Inventories (PKR Million) 213321.00 241815 241815 241815 241815 251723
Industrial Production Mom (%) 1.98 2.5 2.5 2.5 2.5 1.5
Cement Production (Thousands of Tonnes ) 4133.00 4000 4500 5100 4800 4000
Electricity Production (Gigawatt-hour) 14735.00 9500 10000 9700 10300 10300

Consumer Actual Q1 Q2 Q3 Q4 2022
Consumer Confidence (points) 43.05 48 50 50 50 50
Consumer Spending (PKR Million) 11101050.00 11267566 11267566 11267566 11267566 11718268
Gasoline Prices (USD/Liter) 0.68 0.65 0.61 0.58 0.55 0.53
Consumer Credit (PKR Million) 783114.00 718705 685815 744011 794861 826655
Private Sector Credit (PKR Million) 6098897.00 6362517 6403801 6398500 6486370 6651953


This page has economic forecasts for Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy.