Markets Actual Q3 Q4 Q1 Q2 2021
Currency 166.50 168 169 171 172 174
Stock Market (points) 34978.18 34035 32960 31919 30911 28893
Government Bond 10Y (%) 8.62 8.72 8.82 8.92 9.03 9.23

Overview Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.91 -0.5 -0.5 1.5 1.5 1.5
Unemployment Rate (%) 4.10 6 6 5.5 5.5 5.5
Inflation Rate (%) 8.59 8 11 7.5 8.5 8.5
Interest Rate (%) 7.00 7 7 7 7.5 8.5
Balance of Trade (PKR Million) -234361.00 -260000 -310000 -300000 -319200 -329000
Current Account (USD Million) -736.00 -4000 -1200 -1500 -1200 -1200
Current Account to GDP (%) -4.80 -3.5 -3.5 -2.1 -2.1 -2.1
Government Debt to GDP (%) 84.80 74 74 75 75 75
Government Budget (% of GDP) -5.80 -10 -10 -6.5 -6.5 -6.5
Consumer Confidence (points) 39.45 40 45 45 50 50
Corporate Tax Rate (%) 29.00 29 29 29 29 29
Personal Income Tax Rate (%) 35.00 35 35 35 35 35

GDP Actual Q3 Q4 Q1 Q2 2021
GDP Annual Growth Rate (%) 1.91 -0.5 -0.5 1.5 1.5 1.5
GDP (USD Billion) 320.00 315 315 320 320 320
GDP Constant Prices (PKR Million) 13570459.00 13066576 13502607 13774016 13774016 13705146
Gross National Product (PKR Million) 14435379.00 13737082 14363202 14651910 14651910 14578650
Gross Fixed Capital Formation (PKR Million) 1829962.00 1998145 1820812 1857411 1857411 1848124
GDP per capita (USD) 1196.60 1130 1130 1190 1190 1190
GDP per capita PPP (USD) 4927.90 4910 4910 4950 4950 4950
GDP From Agriculture (PKR Million) 2362209.00 2330661 2350398 2397642 2397642 2385654
GDP From Construction (PKR Million) 318064.00 342383 316474 322835 322835 321221
GDP From Manufacturing (PKR Million) 1663118.00 1659202 1654802 1688065 1688065 1679624
GDP From Mining (PKR Million) 349684.00 354884 347936 354929 354929 353155
GDP From Services (PKR Million) 7803812.00 7415368 7764793 7920869 7920869 7881265
GDP From Transport (PKR Million) 1643625.00 1582522 1635407 1668279 1668279 1659938

Labour Actual Q3 Q4 Q1 Q2 2021
Unemployment Rate (%) 4.10 6 6 5.5 5.5 5.5
Employed Persons (Thousand ) 61710.00 60000 60000 60000 63000 63000
Population (Million) 219.00 221 221 225 225 225

Prices Actual Q3 Q4 Q1 Q2 2021
Inflation Rate (%) 8.59 8 11 7.5 8.5 8.5
Consumer Price Index CPI (points) 132.08 137 145 142 142 157
Core Inflation Rate (%) 6.30 6.5 7.3 7 7.5 7.3
GDP Deflator (points) 312.97 307 347 336 340 377
Producer Prices (points) 135.80 140 142 155 157 158
Inflation Rate Mom (%) 0.80 0.2 0.3 0.3 0.8 0.5
Food Inflation (%) 14.60 8.5 8.5 6.5 4.5 4
CPI Transportation (points) 122.95 153 160 150 135 173
Producer Prices Change (%) 0.90 -0.5 0.5 9 15 11

Money Actual Q3 Q4 Q1 Q2 2021
Interest Rate (%) 7.00 7 7 7 7.5 8.5
Interbank Rate (%) 11.19 11.19 11.19 11.19 11.69 11.69
Money Supply M2 (PKR Million) 19064231.00 20121482 20685076 21248671 21812266 22939456
Deposit Interest Rate (%) 9.12 9.12 9.12 9.12 9.62 9.62
Loans To Private Sector (PKR Million) 5296474.00 5064671 5976638 5375921 5375921 6066287
Foreign Exchange Reserves (USD Million) 18881.00 19497 20229 20930 21646 23079

Trade Actual Q3 Q4 Q1 Q2 2021
Balance of Trade (PKR Million) -234361.00 -260000 -310000 -300000 -319200 -329000
Current Account (USD Million) -736.00 -4000 -1200 -1500 -1200 -1200
Current Account to GDP (%) -4.80 -3.5 -3.5 -2.1 -2.1 -2.1
Imports (PKR Million) 457847.00 510000 614000 614000 656000 641000
Exports (PKR Million) 223486.00 250000 304000 314000 336800 312000
External Debt (USD Million) 109949.00 114000 118000 108000 106000 119957
Remittances (USD Million) 5627.00 5500 5600 5700 5700 5800
Foreign Direct Investment (USD Million) 289.00 180 250 300 300 300
Crude Oil Production (BBL/D/1K) 85.00 85 85 92 92 95

Government Actual Q3 Q4 Q1 Q2 2021
Government Debt to GDP (%) 84.80 74 74 75 75 75
Government Budget (% of GDP) -5.80 -10 -10 -6.5 -6.5 -6.5
Government Budget Value (PKR Billion) -3444.90 -5000 -5000 -3800 -3800 -3700
Government Spending (PKR Million) 1661397.00 1503306 1653090 1686318 1686318 1677886
Government Revenues (PKR Billion) 4900.70 4500 4500 4900 4900 5000
Government Debt (PKR Billion) 33421.10 36500 40000 45000 45000 43000
Fiscal Expenditure (PKR Billion) 8345.60 9500 9500 8700 8700 8700
Military Expenditure (USD Million) 12686.00 13000 13000 13000 13000 13000

Taxes Actual Q3 Q4 Q1 Q2 2021
Corporate Tax Rate (%) 29.00 29 29 29 29 29
Personal Income Tax Rate (%) 35.00 35 35 35 35 35
Sales Tax Rate (%) 17.00 17 17 17 17 17

Business Actual Q3 Q4 Q1 Q2 2021
Industrial Production (%) -42.11 -15 -15 5.5 20 10
Manufacturing Production (%) -41.89 -10 5 5 20 10
Changes in Inventories (PKR Million) 213321.00 221602 221602 241815 241815 241815
Industrial Production Mom (%) -22.13 0.5 0.5 2.5 2.5 2.5
Cement Production (Thousands of Tonnes ) 3276.00 3250 3600 3600 3600 3600
Electricity Production (Gigawatt-hour) 8677.00 14400 9300 9500 10000 10300

Consumer Actual Q3 Q4 Q1 Q2 2021
Consumer Confidence (points) 39.45 40 45 45 50 50
Consumer Spending (PKR Million) 11101050.00 10606637 11045545 11267566 11267566 11211228
Gasoline Prices (USD/Liter) 0.60 0.57 0.54 0.51 0.49 0.46
Consumer Credit (PKR Million) 706132.00 677097 696365 716724 716724 706810
Private Sector Credit (PKR Million) 6247227.00 6279947 6321232 6362517 6403801 6486370


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.