Markets Actual Q4 Q1 Q2 Q3 2022
Currency 173.95 171 172 173 173 175
Stock Market (points) 45578.36 43737 42679 41644 40640 38697
Government Bond 10Y (%) 10.97 10.73 10.81 10.9 10.98 11.15

Overview Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.94 2 3 3 3 3
Unemployment Rate (%) 4.40 5 4.7 4.7 4.7 4.7
Inflation Rate (%) 8.98 8 9 8 7 3.5
Interest Rate (%) 7.25 7.5 8 8.5 8.5 9
Balance of Trade (PKR Million) -690944.00 -306421 -301176 -298064 -274854 -295730
Current Account (USD Million) -2482.00 -1420 -1919 -1846 -745 -1460
Current Account to GDP (% of GDP) -0.60 -1.5 -2 -2 -2 -2
Government Debt to GDP (% of GDP) 87.00 88 83 83 83 83
Government Budget (% of GDP) -8.10 -7 -5 -5 -5 -5
Consumer Confidence (points) 41.57 46 48 44 50 48
Corporate Tax Rate (%) 29.00 29 29 29 33 29
Personal Income Tax Rate (%) 35.00 35 37 37 37 37

GDP Actual Q4 Q1 Q2 Q3 2022
GDP Annual Growth Rate (%) 3.94 2 3 3 3 3
GDP (USD Billion) 263.69 280 292 292 292 292
GDP Constant Prices (PKR Million) 13777357.00 15078844 14018461 14190678 14190678 14439015
Gross National Product (PKR Million) 15262040.00 15876089 15529126 15719901 15719901 15994999
Gross Fixed Capital Formation (PKR Million) 1910389.00 2274291 1943821 1967701 1967701 2002135
GDP per capita (USD) 1168.34 1190 1250 1250 1250 1250
GDP per capita PPP (USD) 4622.77 4590 4680 4680 4680 4680
GDP From Agriculture (PKR Million) 2502181.00 2689745 2545969 2577246 2577246 2622348
GDP From Construction (PKR Million) 340146.00 395002 346099 350350 350350 356482
GDP From Manufacturing (PKR Million) 1667362.00 1917772 1696541 1717383 1717383 1747437
GDP From Mining (PKR Million) 309823.00 396900 315245 319118 319118 324702
GDP From Services (PKR Million) 8041169.00 8544035 8181889 8282404 8282404 8427346
GDP From Transport (PKR Million) 1588101.00 1831361 1615893 1635744 1635744 1664370

Labour Actual Q4 Q1 Q2 Q3 2022
Unemployment Rate (%) 4.40 5 4.7 4.7 4.7 4.7
Employed Persons (Thousand ) 61710.00 59500 60500 60500 60500 60500
Population (Million) 221.00 225 230 230 230 230

Prices Actual Q4 Q1 Q2 Q3 2022
Inflation Rate (%) 8.98 8 9 8 7 3.5
Consumer Price Index CPI (points) 150.74 152 157 156 161 157
Core Inflation Rate (%) 6.40 6.5 5.5 4.1 4.1 6.5
GDP Deflator (points) 346.29 374 377 374 371 387
Producer Prices (points) 175.20 178 184 172 184 187
Inflation Rate Mom (%) 2.12 0.3 0.2 0.2 0.2 0.5
Food Inflation (%) 10.21 12 10 4 4 4
CPI Transportation (points) 151.96 152 153 153 153 154
Producer Prices Change (%) 19.60 19 13 5 5 5

Money Actual Q4 Q1 Q2 Q3 2022
Interest Rate (%) 7.25 7.5 8 8.5 8.5 9
Interbank Rate (%) 7.95 8.2 8.7 9.2 9.2 9.7
Money Supply M2 (PKR Million) 23576191.00 22646546 22839649 23032752 23032752 23418958
Deposit Interest Rate (%) 5.56 5.81 6.31 6.81 6.81 7.31
Loans To Private Sector (PKR Million) 5608109.00 5273043 5586586 5717582 5883803 5754183
Foreign Exchange Reserves (USD Million) 24776.90 22967 23071 23175 23175 23383

Trade Actual Q4 Q1 Q2 Q3 2022
Balance of Trade (PKR Million) -690944.00 -306421 -301176 -298064 -274854 -295730
Current Account (USD Million) -2482.00 -1420 -1919 -1846 -745 -1460
Current Account to GDP (% of GDP) -0.60 -1.5 -2 -2 -2 -2
Imports (PKR Million) 1092135.00 645713 657237 668761 638088 691808
Exports (PKR Million) 401191.00 339292 356061 370697 363234 396078
External Debt (USD Million) 122199.00 118500 118000 118000 118000 118500
Remittances (USD Million) 7957.00 6500 6300 6100 6100 6100
Foreign Direct Investment (USD Million) 89.90 162 163 164 164 167
Crude Oil Production (BBL/D/1K) 83.00 150 150 150 150 150

Government Actual Q4 Q1 Q2 Q3 2022
Government Debt to GDP (% of GDP) 87.00 88 83 83 83 83
Government Budget (% of GDP) -8.10 -7 -5 -5 -5 -5
Government Budget Value (PKR Billion) -3376.30 -1400 -1400 -4657 -4964 -4964
Government Spending (PKR Million) 1692596.00 1827407 1722216 1743374 1743374 1773883
Government Revenues (PKR Billion) 6272.20 5000 5500 5500 5500 5500
Government Debt (PKR Billion) 38697.50 38767 39415 40064 40064 41361
Fiscal Expenditure (PKR Billion) 9648.50 9657 10464 10464 10464 10464
Military Expenditure (USD Million) 10097.00 10000 12000 12000 12000 12000

Taxes Actual Q4 Q1 Q2 Q3 2022
Corporate Tax Rate (%) 29.00 29 29 29 33 29
Personal Income Tax Rate (%) 35.00 35 37 37 37 37
Sales Tax Rate (%) 17.00 17 17 17 17 17

Business Actual Q4 Q1 Q2 Q3 2022
Industrial Production (%) 1.77 6.5 3.5 5.5 5.5 10
Manufacturing Production (%) 18.56 5.5 3.5 4.1 4.1 8
Changes in Inventories (PKR Million) 220438.00 211815 241815 241815 241815 241815
Industrial Production Mom (%) -9.62 2.5 2.5 1.5 1.5 1.5
Cement Production (Thousands of Tonnes ) 4100.00 4800 4300 4100 4100 4000
Electricity Production (Gigawatt-hour) 14229.00 9492 8579 15539 15539 9804

Consumer Actual Q4 Q1 Q2 Q3 2022
Consumer Confidence (points) 41.57 46 48 44 50 48
Consumer Spending (PKR Million) 11242554.00 12231452 11439299 11579831 11579831 11782478
Gasoline Prices (USD/Liter) 0.73 0.69 0.66 0.63 0.59 0.57
Consumer Credit (PKR Million) 902382.00 736574 796818 861382 912457 820723
Private Sector Credit (PKR Million) 6738824.00 6807146 6881846 6956547 6956547 7105947


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.