ISLAMABAD (HRNW) – The National Accounts Committee has approved the third-quarter and annual economic estimates for the financial year 2025-26, showing moderate economic growth across major sectors of the economy.
According to official details, the revised GDP growth rate for the first quarter of FY2025-26 stood at 3.92 percent, while the second quarter growth rate was revised to 4.05 percent.
During the third quarter, Pakistan’s GDP growth rate was recorded at 3.99 percent, including 3.01 percent growth in the agriculture sector, 4.65 percent in the industrial sector, and 4.18 percent in the services sector.
The committee also stated that the final GDP growth rate for FY2023-24 was 2.62 percent, while the revised growth figure for FY2024-25 increased to 3.18 percent from the previously estimated 3.06 percent.
For the full fiscal year 2025-26, the overall GDP growth rate was approved at 3.70 percent. The agriculture sector recorded growth of 2.89 percent, the industrial sector 3.51 percent, and the services sector 4.09 percent.
According to the report, Pakistan’s economy expanded to a size of approximately $452.1 billion, compared to $408.2 billion in the previous year, while per capita income increased to $1,901.
The agricultural sector showed improvement in major crops, livestock, forestry, and fisheries, with increased production of wheat, rice, sugarcane, and other crops.
The industrial sector posted 3.51 percent growth, supported by a 6.11 percent increase in major industries. While some energy and mining sectors experienced decline, growth in construction, finance, and insurance contributed positively to overall industrial performance.
The services sector grew by 4.09 percent, driven by positive performance in wholesale trade, transportation, information technology, finance, education, health, and other related sectors.
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