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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Wed, 13 May 2026 19:48:45 +0500</pubDate>
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      <title>Pakistan economy expands to $452bn as GDP growth hits 3.99% in Q3</title>
      <link>https://english.aaj.tv/news/330458912/pakistan-economy-expands-to-452bn-as-gdp-growth-hits-399-in-q3</link>
      <description>&lt;p&gt;&lt;strong&gt;Pakistan’s economy grew by 3.99% year-on-year in the third quarter of fiscal year 2025-26, driven largely by strong industrial performance, according to data released by the National Accounts Committee (NAC) on Wednesday.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Figures compiled by the Pakistan Bureau of Statistics showed that GDP growth estimates for the first two quarters were also revised upward. Growth for Q1 was revised to 3.92% from 3.63%, while Q2 growth was adjusted to 4.05% from 3.89% estimated at the 116th NAC meeting.&lt;/p&gt;
&lt;p&gt;The committee also finalised GDP growth rates for FY2023-24 and FY2024-25 at 2.62% and 3.18%, respectively.&lt;/p&gt;
&lt;p&gt;During Q3 FY26, the agriculture sector grew by 3.01%, industry by 4.65% and services by 4.18%.&lt;/p&gt;
&lt;p&gt;All major agriculture components recorded positive growth, including important crops at 1.10%, other crops at 2.27%, livestock at 3.70%, forestry at 1.62% and fishing at 1.37%.&lt;/p&gt;
&lt;p&gt;Industrial growth was led by a sharp recovery in large-scale manufacturing, which expanded by 9.53%. However, mining and quarrying contracted by 2.55%, while electricity, gas and water supply declined by 13.53%.&lt;/p&gt;
&lt;p&gt;The construction sector posted modest growth of 0.48%, compared with a high base of 14.27% in the same quarter last year.&lt;/p&gt;
&lt;p&gt;The overall growth in services is 4.18% during Q3 2025-26 with all the constituents contributing positively i.e. wholesale &amp;amp; retail trade (4.13%), transportation &amp;amp; storage (2.02%), information and communication (9.78%), finance &amp;amp; insurance activities (2.90), public administration and social security (8.88%) education (4.14%), health &amp;amp; social work (4.07%) and other private services (3.35%).&lt;/p&gt;
&lt;p&gt;The NAC approved provisional overall GDP growth of 3.70% for the ongoing fiscal year. Sector-wise provisional growth stood at 2.89% in agriculture, 3.51% in industry and 4.09% in services.&lt;/p&gt;
&lt;p&gt;Based on the latest national accounts data, the size of Pakistan’s economy increased to Rs126.9 trillion, or $452.1 billion, compared with Rs114 trillion, or $408.2 billion, a year earlier.&lt;/p&gt;
&lt;p&gt;According to population projections based on the 2023 census, per capita income rose to Rs533,629, equivalent to $1,901.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>Pakistan’s economy grew by 3.99% year-on-year in the third quarter of fiscal year 2025-26, driven largely by strong industrial performance, according to data released by the National Accounts Committee (NAC) on Wednesday.</strong></p>
<p>Figures compiled by the Pakistan Bureau of Statistics showed that GDP growth estimates for the first two quarters were also revised upward. Growth for Q1 was revised to 3.92% from 3.63%, while Q2 growth was adjusted to 4.05% from 3.89% estimated at the 116th NAC meeting.</p>
<p>The committee also finalised GDP growth rates for FY2023-24 and FY2024-25 at 2.62% and 3.18%, respectively.</p>
<p>During Q3 FY26, the agriculture sector grew by 3.01%, industry by 4.65% and services by 4.18%.</p>
<p>All major agriculture components recorded positive growth, including important crops at 1.10%, other crops at 2.27%, livestock at 3.70%, forestry at 1.62% and fishing at 1.37%.</p>
<p>Industrial growth was led by a sharp recovery in large-scale manufacturing, which expanded by 9.53%. However, mining and quarrying contracted by 2.55%, while electricity, gas and water supply declined by 13.53%.</p>
<p>The construction sector posted modest growth of 0.48%, compared with a high base of 14.27% in the same quarter last year.</p>
<p>The overall growth in services is 4.18% during Q3 2025-26 with all the constituents contributing positively i.e. wholesale &amp; retail trade (4.13%), transportation &amp; storage (2.02%), information and communication (9.78%), finance &amp; insurance activities (2.90), public administration and social security (8.88%) education (4.14%), health &amp; social work (4.07%) and other private services (3.35%).</p>
<p>The NAC approved provisional overall GDP growth of 3.70% for the ongoing fiscal year. Sector-wise provisional growth stood at 2.89% in agriculture, 3.51% in industry and 4.09% in services.</p>
<p>Based on the latest national accounts data, the size of Pakistan’s economy increased to Rs126.9 trillion, or $452.1 billion, compared with Rs114 trillion, or $408.2 billion, a year earlier.</p>
<p>According to population projections based on the 2023 census, per capita income rose to Rs533,629, equivalent to $1,901.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/330458912</guid>
      <pubDate>Wed, 13 May 2026 18:22:08 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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