Pakistan’s per capita monthly income has increased to Rs 42,000, which translates to Rs 506,188 or $1,812 annually, according to the latest figures released after the 114th meeting of the National Accounts Committee. This rise reflects an improvement in economic performance, supported by steady gains across multiple sectors and relative macroeconomic stability.
The committee’s report revealed that the size of Pakistan’s economy has expanded to Rs 113.7 trillion ($407.2 billion) in the current fiscal year, compared to Rs 105.2 trillion ($371.8 billion) recorded last year. This expansion corresponds to a GDP growth rate of 3.04 percent, which is slightly higher than the earlier projection of 2.68 percent. The increase underscores a more resilient economic environment than anticipated at the start of the fiscal year.
According to officials, the upward revision in GDP growth is linked to improvements in industrial output, a more stable services sector, and better performance in agriculture. These combined trends have contributed to a more favorable economic outlook and helped lift per capita income. Stabilization in inflation levels and improved energy supply have further supported household earnings, offering some relief to consumers after a period of heightened cost pressures.
Economists noted that while the nominal increase in per capita income is a positive signal, real income growth remains constrained due to the country’s high population growth rate, which still exceeds 2 percent. This demographic pressure means that economic gains must continue to accelerate to ensure meaningful improvements in living standards for the wider population.
Policymakers have emphasized that sustaining this momentum will require continued efforts in export diversification, fiscal reform, and digital transformation initiatives. Strengthening these areas is expected to enhance productivity, attract investment, and support job creation. These steps align with the government’s broader economic strategy to promote inclusive growth and raise living standards.
The services sector has played a particularly important role in this growth, supported by increased activity in trade, transport, and financial services. The industrial sector has shown signs of recovery, supported by better energy availability and moderate inflationary pressures. Meanwhile, the agriculture sector, a key pillar of the economy, continues to provide stability and support rural incomes.
Government officials stated that the focus is now on maintaining policy consistency and ensuring that the benefits of growth are more evenly distributed. Ongoing reforms are aimed at building fiscal resilience, encouraging private sector participation, and modernizing key industries to align with regional and global market demands.
Although the overall economic picture has improved, experts caution that sustained growth will depend on managing external vulnerabilities, maintaining stable inflation, and ensuring effective governance. Addressing these structural challenges will be essential to translate nominal income gains into tangible improvements in purchasing power and living conditions.
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