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Business & Finance

Pakistan’s GDP grows 3.71% in Q1 FY2026, says Ahsan Iqbal

  • Growth comes despite 2025 flood shock, says Federal Minister for Planning, Development and Special Initiatives
Published Updated

Pakistan posted a gross domestic product (GDP) growth of 3.71% during the first quarter of FY2026, said Federal Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, on Tuesday.

“This is 2.15% more than the corresponding number of Q1 2024-25,” said the federal minister in a social media post.

“This defines a qualitative change in the trajectory of GDP compared to 2024-25…. More encouraging is that it is coming from Industrial growth, which in 2025-26 Q1 is 9.38%, which in Q1 of 2024-25 was 0.12%.

“It should not be ignored that this growth is coming despite the 2025 flood shock and absorption of all fiscal tightening, energy subsidy withdrawal, and food inflation,” he added.

Pakistan posted GDP growth of 3.04% during FY2025, estimates released by the Pakistan Bureau of Statistics (PBS) in October showed. The growth was higher than the 2.68% estimated by the National Accounts Committee (NAC) during the previous meeting.

According to NAC, the overall size of the economy in FY2025 stood at Rs113.7 trillion, i.e. $407.2 billion, as compared to Rs105.2 trillion, i.e. $371.8 billion, in the previous year.

Further, per capita income in Rupees is 506,188 or $1,812, the NAC data showed.

Comments

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KU Dec 30, 2025 02:37pm
Surreal for everyone it is, perhaps the minister can expand on sectors that contributed to GROSS domestic product achievement.
0
SAd Dec 30, 2025 05:26pm
We can expect the growth rate 5 - 5.5% percent for this year. Still far from expencted 8-10% expected GDP growth.
0
Shiraz Dec 30, 2025 06:43pm
Ahsan Iqbal has only ever lied to Pakistan and he continues here. The "industrial growth" from consumption sectors led to a huge monthly deficit after which imports were choked again. Sad reality.
0
zh Dec 31, 2025 04:44am
Ahsan Iqbal is NOT a reliable source.
0