Pakistan Economy: Pakistan GDP grew 3.07% in 4QFY24 FY24 GDP grew by 2.52%, higher than previous estimates – By Topline Research

<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">National Accounts Committee (NAC) released GDP estimates for 4QFY24, showing growth of 3.07% YoY, taking full year (FY24) growth to 2.52%, higher than provisional estimates of 2.38% YoY released by Government on May 21, 2024.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">In 4QFY24, Agriculture has shown a growth of 6.76%, industry -3.59% and services 3.69%.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Agriculture: Growth in Agriculture in 4QFY24 is mainly due to healthy growth in important crops (+26.98%) and low base effect of same quarter last year (-7.93% YoY). On full year basis, agriculture sector growth now stands at 6.36% for FY24, highe...