Pakistan’s per capita income increased by $150 to reach $1,901 during fiscal year 2025-26, according to official documents shared with ProPakistani.
Per capita income stood at Rs. 533,629, below the annual target of Rs. 560,803. However, in dollar terms, per capita income rose from $1,751 to $1,901 during the year.
Despite the improvement in income measured in dollar terms, the country fell short of most major economic targets, with GDP growth, agriculture, industry, exports and per capita income in rupee terms all missing official projections.
The economy grew by 3.7 percent during FY26 against the government’s target of 4.2 percent.
Inflation averaged 7 percent during the first 11 months of the fiscal year, remaining below the annual target of 7.5 percent, although the monthly inflation rate jumped to 11.66 percent in May 2026.
The agriculture sector recorded growth of 2.89 percent against a target of 4.5 percent, while industrial growth reached 3.51 percent compared to the target of 4.3 percent.
The services sector slightly exceeded expectations, posting growth of 4.09 percent against the 4 percent target.
Workers’ remittances remained a major support for the economy, increasing 9 percent to $38 billion during the first 11 months of FY26. The government expects total remittances to reach $41 billion by the end of June.
Exports remained below target, with goods exports reaching $28 billion during the first 11 months against the annual goal of $35.3 billion. Imports climbed to $63 billion, approaching the full-year target of $65.2 billion.
Among major sectors, forestry grew by 2 percent against a target of 3.5 percent, fisheries expanded by 1.6 percent against a target of 3 percent, and mining recorded growth of just 0.38 percent compared to its 3 percent target.
Manufacturing emerged as one of the stronger performers, growing 6.6 percent against a target of 4.7 percent. Large-scale manufacturing expanded by 6.1 percent, significantly exceeding its 3.5 percent target, while small-scale manufacturing grew by 8.5 percent against a target of 8.9 percent.
The electricity, gas and water supply sector contracted by nearly 10 percent despite a growth target of 3.5 percent. Construction activity outperformed expectations, growing 5.7 percent against a target of 3.8 percent.
In the services sector, communications posted strong growth of 7.5 percent against a target of 5 percent, while financial and insurance services grew only 0.32 percent compared to a target of 5 percent. Real estate expanded by 3.6 percent against a target of 4.2 percent.
On the agriculture side, wheat production rose 4.3 percent to 29.6 million tonnes, rice output increased 2.8 percent to nearly 10 million tonnes, and sugarcane production grew 6.2 percent to 89.45 million tonnes. Cotton production fell 0.5 percent to 7.05 million bales, while maize production declined 2.68 percent to 8.79 million tonnes.
Gram production surged 50.4 percent during the year, while potato and banana output increased by 27.6 percent and 30.8 percent, respectively. Mango, turmeric and chilli production also posted healthy gains.
Overall, the Economic Survey 2025-26 shows an economy supported by record remittances and lower-than-target inflation, but one that continued to fall short of most key growth and development targets set for the fiscal year.