Pakistan’s economic growth for fiscal year 2025-26 has been revised downward to 3.65 percent from the earlier estimate of 3.70 percent, according to updated national accounts approved by the National Accounts Committee (NAC). The latest figures also show that economic growth slowed to 2 percent in the final quarter of the fiscal year.
The revised estimates were approved during the NAC’s 118th meeting held on October 19, 2026. The Pakistan Bureau of Statistics (PBS) announced the updated figures in a press release, citing changes in import data and revisions to annual and quarterly economic indicators.
According to the PBS, Pakistan’s economy was valued at Rs. 126.4 trillion, equivalent to approximately $450.4 billion, during FY2025-26. The country’s per capita income was recorded at Rs. 531,897, or around $1,896.
The downward revision indicates that the country’s economic performance was slightly weaker than previously estimated. Although the difference between the earlier growth projection and the revised figure is relatively small, the latest data provides an updated assessment of Pakistan’s economic position during the fiscal year.
The slowdown in the fourth quarter is another important development. Economic growth declined to 2 percent during the final three months of FY26, indicating a slower pace of expansion compared with the overall annual growth rate.
Quarterly growth figures are important because they help policymakers and analysts understand changes in economic momentum throughout the year. A weaker final quarter may prompt closer examination of the sectors contributing to national output and the factors affecting economic activity.
The NAC also revised Pakistan’s economic growth for fiscal year 2024-25 to 3.11 percent, down from the previously estimated 3.18 percent. This adjustment means that the official growth figures for two consecutive fiscal years have been revised downward.
The committee reviewed growth estimates for the first three quarters of FY26 and approved a new estimate for the fourth quarter. The revisions were based on updated information used to calculate the country’s national accounts.
Changes in economic growth estimates are part of the statistical process through which governments incorporate more complete and updated data. Import figures, production indicators, and other economic measurements can influence calculations of overall economic performance.
For businesses, investors, policymakers, and households, GDP growth remains an important indicator of the country’s economic direction. However, overall growth figures alone do not fully explain changes in employment, household purchasing power, inflation, or living standards.
Pakistan’s revised GDP figures will therefore remain an important reference point for assessing economic performance and planning future policies. The latest estimates highlight the need to monitor quarterly trends alongside annual growth when evaluating the strength and sustainability of the country’s recovery.
The updated national accounts provide a clearer statistical picture of Pakistan’s economy in FY26, with annual growth now estimated at 3.65 percent and fourth-quarter expansion recorded at 2 percent. Further economic assessments will help determine how the revised figures affect expectations for the country’s future growth trajectory.