Pakistan’s economy has witnessed a significant expansion, with official documents showing a record increase in both the size of the economy and per capita income during the current fiscal year.
According to data released by the Ministry of Planning and Development, the country’s economic size has grown by $39.3 billion, pushing the total GDP to $410.96 billion. In comparison, the GDP stood at $371.66 billion in the previous fiscal year.
When measured in Pakistani rupees, the size of the economy surged to Rs114.7 trillion, up from Rs105.1 trillion last year — marking a substantial jump in nominal GDP.
The per capita income also saw a notable increase, rising to Rs509,174, compared to Rs475,281 in the last fiscal year. However, it fell short of the government’s ambitious target of Rs543,968 for the year.
In dollar terms, per capita income increased by $144, climbing from $1,680 last year to $1,824 this year.
Experts say the increase in economic size and per capita income is a positive indicator, though challenges remain in inflation control, employment, and structural reforms.
