Pakistan recorded a Government Budget deficit equal to 7.70 percent of the country's Gross Domestic Product in 2023. Government Budget in Pakistan averaged -0.21 percent of GDP from 1990 until 2023, reaching an all time high of 8.80 percent of GDP in 1990 and a record low of -8.80 percent of GDP in 2012. source: State Bank of Pakistan

Government Budget in Pakistan is expected to reach -6.10 percent of GDP by the end of 2024, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan Government Budget is projected to trend around -5.00 percent of GDP in 2025, according to our econometric models.




Related Last Previous Unit Reference
Credit Rating 16.00 Jan 2025
Fiscal Expenditure 16155.00 13295.30 PKR Billion Dec 2023
Government Budget -7.70 -7.90 percent of GDP Dec 2023
Government Budget Value -6521.40 -5259.90 PKR Billion Dec 2023
Government Debt 70366.00 69114.00 PKR Billion Nov 2024
Government Debt to GDP 91.00 89.00 percent of GDP Dec 2023
Government Revenues 9633.50 8035.40 PKR Billion Dec 2023
Government Spending 3905281.00 4105687.00 PKR Million Dec 2023
Holidays
Military Expenditure 8521.20 10358.10 USD Million Dec 2023

Pakistan Government Budget
The Government Budget to GDP ratio is an itemized accounting of the payments received by the government (taxes and other fees) and the payments made by the government (purchases and transfer payments) relative to GDP. A budget deficit occurs when a government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.
Actual Previous Highest Lowest Dates Unit Frequency
-7.70 -7.90 8.80 -8.80 1990 - 2023 percent of GDP Yearly