Pakistan's economy grows by 3.89% in second quarter of fiscal year 2025-26

Islamabad. Pakistan's economy grew by 3.89 percent in the second quarter of the current fiscal year (2025-26). According to government data, this growth was primarily driven by the strong performance of the industrial sector.

According to the Pakistan Bureau of Statistics, the industrial sector grew by 7.40 percent, becoming the main driver of the economy. The services sector grew by 3.69 percent and the agricultural sector by 1.76 percent. This data was approved at the 116th meeting of the National Accounts Committee, which also revised some previous figures.

The economic growth rate for the first quarter has been revised down from 3.71 percent to 3.63 percent, due to adjustments in agricultural and industrial sector data.

In the first quarter, agricultural sector growth was set at 2.72 percent and industrial sector growth at 8.86 percent. The services sector saw a slight improvement, reaching 2.44 percent.

On an annual basis, the GDP growth rate for the fiscal year (2023-24) was revised from 2.63 percent to 2.62 percent, while the growth rate for the fiscal year (2024-25) was adjusted from 3.09 percent to 3.06 percent.

Despite a slight decline in major crop production in the second quarter, the agricultural sector maintained modest growth due to improvements in livestock and related sub-sectors.

The growth in the industrial sector was largely driven by manufacturing, construction, and the expansion of electricity and utility services. The manufacturing industry alone expanded by 5.71 percent.

The services sector also maintained steady growth, supported by contributions from wholesale and retail trade, transport, financial services, and public services.