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Pakistan Posts 4% Q3 Growth as NAC Sets FY26 GDP at 3.7%

The data point to a services‑plus‑manufacturing rebound that fell short of the target.

Overview

  • Pakistan’s National Accounts Committee, which met Wednesday, reported Q3 growth of 3.99% and approved provisional full‑year FY2025‑26 growth of 3.70%.
  • The committee raised earlier estimates, lifting Q1 growth to 3.92% and Q2 to 4.05%, with Pakistan Bureau of Statistics data underpinning the revisions.
  • Industry in Q3 grew 4.65% on a 9.53% jump in large‑scale manufacturing, while electricity, gas and water contracted 13.53% and mining fell 2.55%.
  • Services expanded 4.18% and agriculture rose 3.01% in Q3, with gains across trade, transport, information and communication, livestock and other crop categories.
  • The economy’s size reached $452.1 billion and per‑capita income $1,901, and the 3.7% provisional growth missed the 4.2% goal but topped IMF, ADB and World Bank forecasts within the State Bank’s range.