Services Sector Contribution to GDP in Pakistan (1990-2022)

Services Sector Contribution to GDP in Pakistan (1990-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in Pakistan (1990-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Pakistan
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
Pakistan’s services sector contribution increased from 43.4% in 1990 to over 53% in the early 2000s, driven by banking, retail, and communications expansion. A sharp rise in 2000, with a contribution of 52.1%, aligns with reforms improving service delivery and investment in telecommunications. Subsequent years saw fluctuations due to economic and political challenges, yet the sector consistently contributed over 50% from 2007 onward. The sector's steady share of around 52-53% from 2010 to 2022 highlights its role in employment and urbanization, although external pressures such as inflation and energy shortages affected growth.

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