Pakistan’s economy maintained upward momentum in the third quarter of FY26, with strong industrial performance playing a major role in the expansion.
According to figures released by the National Accounts Committee (NAC) on Wednesday, the country’s gross domestic product (GDP) recorded a 3.99% year-on-year increase during Q3 of fiscal year 2025-26.
The Pakistan Bureau of Statistics also revised upward the GDP growth estimates for the first two quarters of FY26. Growth for Q1 was adjusted to 3.92% from the earlier estimate of 3.63%, while Q2 growth was revised to 4.05% from 3.89%.
In addition, the finalized and updated GDP growth figures for FY24 and FY25 were recorded at 2.62% and 3.18%, respectively.
During the third quarter, agriculture expanded by 3.01%, industry by 4.65%, and services by 4.18%.
Within agriculture, all major segments showed positive performance, including important crops (1.10%), other crops (2.27%), livestock (3.70%), forestry (1.62%), and fishing (1.37%).
Although mining & quarrying contracted by 2.55% and electricity, gas, and water supply declined by 13.53%, the industrial sector still achieved 4.65% growth, mainly supported by a sharp 9.53% rise in large-scale manufacturing.
The construction sector recorded a modest increase of 0.48%, compared to the much stronger 14.27% growth seen in the same quarter last year.
Growth in the services sector stood at 4.18%, with positive contributions from wholesale & retail trade (4.13%), transportation & storage (2.02%), information and communication (9.78%), finance & insurance activities (2.90%), public administration and social security (8.88%), education (4.14%), health & social work (4.07%), and other private services (3.35%).
The NAC also approved a provisional GDP growth rate of 3.70% for the ongoing FY26. Sector-wise provisional growth estimates were 2.89% for agriculture, 3.51% for industry, and 4.09% for services.
Based on the latest national accounts data for FY26, Pakistan’s economy is now valued at Rs126.9 trillion, equivalent to $452.1 billion, compared to Rs114 trillion ($408.2 billion) previously.
Furthermore, using population projections from the 2023 Census, per capita income was estimated at Rs533,629, or approximately $1,901.
