Pakistan trims FY26 GDP growth to 3.65% as industrial and services slow

During the 118th session of the National Accounts Committee, Pakistan's government announced a revised GDP growth rate of 3.65% for FY26, reflecting a mild slowdown in both industrial output and services activity. The adjustment means the country fell short of its previously announced growth target. Sectoral estimates were updated to 3.50% for agriculture, 3.34% for industry and 3.81% for services, compared with earlier higher projections.

The national accounts also incorporated revised import data from FY21 to FY25 and updated quarterly growth rates for FY25-26. Overall economic size increased to $450.4 billion, driven mainly by services, with per-capita income rising to $1,896, though it remains the region's lowest.