Pakistan’s GDP expected to Grow by 3.94% in FY2021

The 103rd meeting of the National Accounts Committee to review the Gross Domestic Product (GDP) was held under the Chairmanship of the Secretary Ministry of Planning, Development and Special Initiatives.

The provisional estimates of the GDP and Gross Fixed Capital Formation (GFCF) for the year 2020-21 were presented on the basis of the latest information of six to 9 months which have been annualized.

The provisional progress of the Gross Domestic Product for the year 2020-21 has been estimated at 3.94 %, based on the growth estimates of the agricultural, industrial, and services sectors at 2.77 p.c, 3.57 p.c, and 4.43 p.c, respectively.