Today, June 11, 2026, the Government of Pakistan released the official Pakistan Economic Survey 2025-26. The Economic Adviser’s Wing of the Finance Division published this crucial document. It outlines the top 25 indicators of national progress. The numbers reveal a massive economic rebound. Consequently, the economy has reached its largest size in history.
Economic Resurgence & Tech Boom
Pakistan’s economy recorded unprecedented growth. Specifically, the economy’s size hit US$452.1 billion for FY2026. This translates to Rs126.9 trillion. Furthermore, this marks an 11% year-over-year (YoY) increase. Per capita income also climbed 9% YoY to US$1,901. Income recovery has actively resumed alongside this broader economic growth.
Meanwhile, the real GDP growth rate reached 3.70% in FY26. This shows a steady, strengthening recovery across major sectors. Previously, the growth rate sat at 3.2% in FY25, 2.6% in FY24, and -0.2% in FY23.
The technology sector remains a major growth driver. IT and tech exports achieved US$3.8 billion between July and April. Notably, freelancers contributed US$959 million to this total. Freelancers’ inflows surged by an impressive 49% YoY. Therefore, independent tech workers are closing in on $1 billion in earnings.
Breakdown of core economic indicators (FY2026 vs FY2025):
| Indicator | FY2026 / Latest | FY2025 | Trend |
| GDP Growth (Real) | 3.7% | 3.2% | +0.7% YoY |
| Economy Size | US$452.1 bn | US$408 bn | +11% YoY |
| Per Capita Income | US$1,901 | US$1,751 | +9% YoY |
| IT/Tech Exports | US$3.8 bn (Jul-Apr) | – | +21% YoY |
Pakistan Economic Survey 2025-26: Financial Stability & Market Confidence
Fiscal discipline is translating into stronger economic fundamentals. The fiscal deficit shrank to 0.7% of GDP from July to March. Previously, it peaked at 8% in FY22. Additionally, the primary surplus reached 3.2% of GDP.
Debt sustainability is improving rapidly. The expected debt-to-GDP ratio for FY26 is 68.5%. This is a notable decline from 75.2% in FY23. Moreover, the current account deficit narrowed sharply to just US$252 million. This strengthens overall economic resilience.
Foreign exchange reserves strengthened significantly against global shocks. By May 29, 2026, reserves hit US$17.2 billion. This reflects a massive 49% YoY jump. Consequently, the import cover improved to 2.75 months.
Overseas Pakistanis remain a core strength. Remittances reached US$33.9 billion from July to May. Furthermore, the Roshan Digital Account secured US$12.7 billion in total deposits.
Investor confidence is surging across the board. The equity investor base crossed 563,000 as of May 2026. This signals growing confidence, led primarily by young investors. Similarly, the corporate sector registered 11 IPOs year-to-date. This reflects the highest corporate confidence in two decades. Businesses registered over 39,000 new companies. Impressively, 99.9% of these registrations happened digitally, bringing the total number of companies to over 297,000.
Sector Growth & Structural Reforms
Various industries recorded strong physical growth. Agriculture grew by 2.89%. It remained highly resilient despite earlier flood losses. Industry rebounded with a 3.51% growth rate. Meanwhile, large-scale manufacturing hit a four-year high at 6.1%. Services also anchored the economy with a 4.09% growth rate.
Private sector credit expanded by 22% YoY to Rs934 billion. Agricultural credit increased by 15% YoY to Rs2,162 billion. This brings more productivity and better rural income.
The government actively protects vulnerable households. The BISP allocation increased by 21% YoY to Rs722.5 billion. Furthermore, special initiatives provide upward mobility for underserved communities. These include the PM Apna Ghar Program, Zarkheze, PAVE, Skill Bond, Agri Storage, and various Youth Programs.
Finally, difficult structural reforms are actively progressing in their implementation phase. The government rolled out taxation reforms, including a retailers’ scheme. Energy reforms feature tariff reductions and a multi-buyer market. Additionally, privatization of SOEs like PIA and FWBL is complete. Next, the government targets 5 DISCOs and 24 SOEs. Rightsizing efforts closed entities like USC, PASSCO, and PWD. The government also merged several ministries and shifted pensions to a contributory model. Digital Pakistan targets currently track at or ahead of schedule.
Average CPI inflation dropped to 6.7% (July-May). The government broadly preserved price stability despite the Israel-Iran conflict and its direct impact on energy prices.
