Pakistan Gross Domestic Product (GDP) by Year (1961–2023)

Pakistan Gross Domestic Product (GDP) by Year (1961–2023)

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TGM StatBox. (2024). Pakistan Gross Domestic Product (GDP) by Year (1961–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Pakistan
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Pakistan's GDP growth reflects periods of steady expansion interspersed with economic challenges. From $4.1 billion in 1961, GDP grew to $23.6 billion in 1980, driven by agricultural and industrial development. The 1980s and 1990s saw moderate growth, with GDP reaching $63.3 billion in 1996. However, political instability and external debt slowed progress during this period.

Economic reforms and improved trade policies in the 2000s spurred growth, with GDP peaking at $374.7 billion in 2022. While global shocks like the COVID-19 pandemic affected the economy, Pakistan’s resilience stems from remittances, agriculture, and textile exports.

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