GDP growth revised down to 3.65pc as country falls short of target
• Industrial, services sector slowdown drags down economic growth in FY26 • Per capita income ‘lowest in region’; economy reaches $450.4bn ISLAMABAD: The government on Monday revised the gross domestic product (GDP) growth slightly downward to 3.65 per cent for the outgoing fiscal year (FY26), attributing the adjustment to a mild slowdown in the industrial and services sectors. The country’s GDP…
On Monday, the government revised Pakistan's gross domestic product (GDP) growth for the fiscal year 2026 (FY26) to 3.65 percent, slightly lower than the initial estimate of 3.70 percent made in May 2026. The country's economic growth was hampered by a slowdown in the industrial and services sectors. The revised growth rates for key sectors are 3.50 percent for agriculture, 3.34 percent for industry, and 3.81 percent for services.
In contrast, the National Accounts Committee estimated growth rates of 3.51 percent for agriculture, 3.51 percent for industry, and 4.09 percent for services. The downward adjustment indicates that Pakistan fell short of its GDP target. The per capita income also increased to $1,896 in FY26, the lowest in the region, compared to $1,824 in FY25.
The economy grew to $450.4 billion in FY26 from $410.96 billion in FY25, driven by growth in the services sector, followed by industry and livestock.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
