{
  "id": 15590923,
  "title": "Pakistan’s GDP grows 3.65% in FY2026, economy size reaches $450bn: NAC",
  "url": "https://urgent.news/2026/10/19/pakistans-gdp-grows-3-65-in-fy2026-economy-size-reaches-450bn-nac",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-19T10:00:54.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40444924/pakistans-gdp-grows-365-in-fy2026-economy-size-reaches-450bn-nac"
  },
  "original_language": "en",
  "account": "Pakistan's economy expanded by 3.65% in fiscal year 2026 (FY2026), according to estimates released by the Pakistan Bureau of Statistics (PBS) on Monday. This growth figure is slightly lower than the 3.70% anticipated by the National Accounts Committee (NAC) during their previous meeting, signaling a slower pace of economic expansion than initially projected. The NAC provided a detailed breakdown of the updated growth rates across various sectors.\n\nIn agriculture, key crops saw notable improvements in growth rates, with wheat and maize contributing to a 1.59% increase, and other crops rising to 4.28% due to higher production of pulses, fruits, tomatoes, oilseeds, and green fodder. Livestock growth, however, saw a minor decline from 3.75% to 3.71%. In forestry and fishing, growth rates were updated to 10.80% and 1.39%, respectively. Industry saw a decrease in growth from 3.51% to 3.34%, with significant improvements in the mining and quarrying sectors due to increased production of gas, crude oil, and coal. Large-scale manufacturing witnessed a decline from 6.11% to 5.01%, while the services sector also experienced a reduction from 4.09% to 3.81%, though all its components contributed positively.\n\nThe overall size of Pakistan's economy in FY2026 was calculated at Rs126.4 trillion, equivalent to $450.4 billion, an increase from Rs114.9 trillion or $408.7 billion in the previous year. Per capita income reached PKR 531,897, or $1,896. Quarterly GDP growth rates were also revised, with Q1 showing a downward revision from 3.92% to 3.89%, while Q2 and Q3 experienced upward revisions to 4.31% and 4.42%, respectively. These adjustments primarily reflect improved agricultural growth, which boosted the annual benchmarks for growth rates in the first three quarters. Services sector growth decreased slightly from 3.16% to 3.04% in Q1, but saw significant upward revisions in Q2 and Q3.",
  "summary": "Pakistan has posted a gross domestic product (GDP) growth of 3.65% during FY2026, estimates released by the Pakistan Bureau of Statistics (PBS) on Monday showed. The growth is lower than the 3.70% estimated by the National Accounts Committee (NAC) during the previous meeting, indicating a slower pace of economic expansion than earlier expected. “The updated growth rates in agriculture, industry,…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}