Pakistan economy grows 3.04 percent in last fiscal year as industry, services outperform forecasts

A vendor displays the rice quality on a wholesale shop at a market in Karachi, Pakistan, on April 3, 2025. (AP/File)
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Updated 08 October 2025
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Pakistan economy grows 3.04 percent in last fiscal year as industry, services outperform forecasts

  • National Accounts Committee says Pakistan’s national economy is now valued at $407.2 billion
  • World Bank has projected 2.6 percent growth for the current fiscal year amid flood-related disruptions

ISLAMABAD: Pakistan posted a gross domestic product (GDP) growth of 3.04 percent in the last fiscal year (FY2025), the National Accounts Committee (NAC) said on Wednesday, revising its earlier estimate of 2.68 percent after stronger-than-expected performance in industry and services.

The updated figures, released after the committee’s 114th meeting, also showed quarter-on-quarter improvement, with growth recorded at 1.80 percent in Q1, 1.94 percent in Q2, 2.79 percent in Q3, and 5.66 percent in Q4 of FY2025.

“The committee ... approved the updated annual growth of GDP at 3.04 percent during FY2025, which was estimated at 2.68 percent during the previous meeting,” the NAC said in a statement released after the meeting. “The updated growth rates in agriculture, industry, and services are 1.51 percent, 5.26 percent, and 3.0 percent, respectively, as compared to earlier growth rates of 0.56 percent, 4.77 percent, and 2.91 percent.”

The NAC said the size of Pakistan’s economy now stands at Rs113.7 trillion ($407.2 billion), compared to Rs105.2 trillion ($371.8 billion) in the previous year.

The statement said growth in the final quarter of the last fiscal year was led by a 19.95 percent surge in industry and a 3.72 percentrise in services, with the electricity, gas, and water supply sector showing an exceptional 121.38 percent increase due to higher subsidies and base effects.

Livestock and construction also posted gains, while the textile, pharmaceutical, and transport sectors contributed positively.

The NAC said the upward revisions were mainly due to “improvements in annual benchmarks and better performance in key industries, leading to higher quarterly GDP growth rates.”

Pakistan is currently trying to recover from recent monsoon floods that inundated large parts of Punjab and Khyber Pakhtunkhwa, damaging homes, infrastructure, and farmland, with the World Bank projecting the national economy to grow by 2.6 percent in the ongoing fiscal year (FY2026), lowering its earlier estimate of 3.1 percent.

It said the country’s economic recovery would depend on an agricultural rebound and lower inflation in the coming years, with growth expected to accelerate to 3.4 percent in the next fiscal year (FY2027).


Pakistan vaccinates over 42 million children as last polio drive of 2025 enters fifth day

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Pakistan vaccinates over 42 million children as last polio drive of 2025 enters fifth day

  • Campaign running simultaneously in Pakistan and Afghanistan, last two polio-endemic countries
  • More than 400,000 vaccinators deployed nationwide to reach children under five, polio program says

ISLAMABAD: Pakistan has vaccinated more than 42.2 million children in the first four days of its final nationwide polio campaign of 2025, health authorities said on Friday, as the drive entered its fifth day amid renewed efforts to curb a virus that remains endemic in only two countries worldwide.

The nationwide campaign, running from Dec. 15 to 21, targets children under the age of five and is being conducted simultaneously in Pakistan and Afghanistan, according to the National Emergency Operations Center (EOC), which oversees polio eradication efforts.

Pakistan and neighboring Afghanistan are the only two countries where wild poliovirus transmission has never been interrupted, keeping global eradication efforts at risk. The virus, which can cause irreversible paralysis, has no cure and can only be prevented through repeated oral vaccination.

“The final national anti-polio campaign of 2025 is continuing successfully on its fifth day,” the National EOC said, adding that more than 42.2 million children have been vaccinated during the first four days of the drive.

Provincial data released by the National EOC showed that around 22.3 million children had been vaccinated in Punjab province, more than 9.417 million in Sindh, approximately 6.692 million in Khyber Pakhtunkhwa and about 2.384 million in Balochistan. In Islamabad, over 450,000 children received polio drops, while more than 274,000 were vaccinated in Gilgit-Baltistan and over 714,000 in Azad Jammu and Kashmir.

“The polio campaign is being conducted simultaneously in Pakistan and Afghanistan,” the National EOC said, noting that more than 400,000 polio workers are going door to door across the country to administer vaccines.

The campaign comes as Pakistan reported 30 polio cases so far in 2025, underscoring the fragility of progress against the virus. Pakistan recorded 74 cases in 2024, a sharp rise from six cases in 2023, reflecting setbacks caused by vaccine hesitancy, misinformation and access challenges in high-risk areas.

Health officials say insecurity remains a major obstacle. Polio workers and their security escorts have repeatedly been targeted in militant attacks, particularly in parts of northwestern Khyber Pakhtunkhwa and southwestern Balochistan, complicating efforts to reach every child. Natural disasters, including flooding, have further disrupted vaccination campaigns in recent years.

“Parents and communities are urged to fully cooperate with polio workers,” the National EOC said, stressing that every child under the age of five must be given polio drops during the national campaign.

Pakistan has dramatically reduced polio prevalence since the 1990s, when annual cases exceeded 20,000. Health authorities warn, however, that without sustained access to children in underserved and conflict-affected areas, eradication will remain out of reach.