# GDP Growth Revised Down to 3.65pc as Pakistan Falls Short

> Pakistan's GDP growth revised down to 3.65pc for FY26, missing target amid industrial and services slowdown.
- Title: GDP Growth Revised Down to 3.65pc as Pakistan Falls Short
- Summary: Pakistan's GDP growth revised down to 3.65pc for FY26, missing target amid industrial and services slowdown. Pakistan's economy grew 3.65pc in FY26, below…
- Keywords: pakistan, gdp, fiscal year 26, economic growth, industrial sector, services sector, per capita income, gdp growth rate, national accounts committee, world bank, international monetary fund, asian development bank
- Source: Dawn — https://dawn.com/news/2038439/gdp-growth-revised-down-to-365pc-as-country-falls-short-of-target
- Author: Mubarak Zeb Khan
- Published: 2026-10-20T01:57:16+00:00
- Read time: 1 min
- Topics: pakistan, gdp, fiscal year 26, economic growth, industrial sector, services sector, per capita income, gdp growth rate, national accounts committee, world bank, international monetary fund, asian development bank
## GDP Growth Revised
The government revised Pakistan's GDP growth for FY26 down to 3.65pc from an earlier estimate of 4pc.
## Industrial and Services Slowdown
Industrial and services sector slowdown dragged down economic growth in FY26, causing the revision.
## Per Capita Income
Per capita income rose slightly to $1,896 in FY26, the lowest in the region, up from $1,824 in FY25.
## Economic Size
The economy grew to $450.4bn in FY26 from $410.96bn in FY25, driven by services sector growth.
## GDP Growth Rates
Revised growth rates for agriculture, industry and services in FY26 are 3.50pc, 3.34pc and 3.81pc, respectively.
## Multilateral Forecasts
The IMF projected 3.6pc growth for FY26, World Bank 3.7pc, and Asian Development Bank 3.7pc.
## National Accounts Committee
The NAC approved revised imports data from FY21 to FY25 and quarterly GDP growth rates for FY26.
## Sectoral Performance
Agriculture improved from 0.65pc to 1.59pc due to wheat and maize, while livestock decreased slightly.
## Industrial Sector
The mining and quarrying industry improved from 0.38pc to .52pc due to gas, crude oil, and coal.
## Services Sector
The services sector growth declined from 4.09pc to 3.81pc in FY26, with positive contributions from all constituents.
## Negative Growth Areas
Pharmaceuticals, iron & steel products, chemicals, and leather products posted negative growth in FY26.
## Economic Deterioration
The standard of living deteriorated across society due to unprecedented inflationary pressures.
## Per Capita Income Trend
Per capita income was $1,551 in FY23, $1,766 in FY22, and $1,677 in FY21, indicating a decline.
## Consequence
Pakistan's economy fell short of its GDP target, signaling a slowdown in economic recovery.
## Key takeaway

Pakistan's economy grew 3.65pc in FY26, below the 3.70pc target, due to industrial and services sector slowdowns.