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World Bank predicts Pakistan’s economic growth to be the lowest in South Asia

by Sub News
January 20, 2025
World Bank predicts Pakistan's economic growth to be the lowest in South Asia
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Islamabad, January 20, 2025: Pakistan’s GDP growth is forecasted at 2.8% in 2025, a slight improvement of 0.5% from June 2024, according to the World Bank’s Global Economic Prospects Report 2025. This figure falls short of the International Monetary Fund’s (IMF) projection of 3% and the Pakistani government’s estimate of 3.6%.

The World Bank report highlights that Pakistan’s economic growth is likely to remain subdued due to various internal and external challenges. Meanwhile, other South Asian countries are set to outperform Pakistan. India’s economy is expected to grow by 6.7%, Bhutan’s by 7.2%, and the Maldives’ by 4.7%. Nepal, Bangladesh, and Sri Lanka are also projected to achieve higher growth rates than Pakistan, with forecasts of 5.1%, 4.1%, and 3.5%, respectively.

While the World Bank anticipates a slight recovery with a 3.2% growth rate in the following fiscal year, Pakistan will still have the lowest growth rate in the region.

Tags: BangladeshBhutanEconomic GrowthGDPIndiaIslamabadMaldivesNepalPakistanSouth AsiaSri LankaWorld Bank
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