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Pakistan Inflation Rate

Consumer price inflation, annual %  FP.CPI.TOTL.ZG

Pakistan's inflation rate was 4.50% in 2025, ranked 52nd globally. This represents a 64.4% decrease from 2024. Data from World Bank, covering 1960–2025.

4.50% −8.14pp (-64.4%)
Year 2025 Rank #52 Global Peak 30.77% (2023) Source World Bank

Pakistan Inflation Rate (1960–2025)

Overview

Pakistan's inflation rate stood at 4.50% in 2025, a decline of +8.14pp from 2024. The IMF projects 4.50% by 2025. Pakistan ranked 52nd globally.

Pakistan's inflation rate has experienced significant fluctuations over the past 66 years, with a notable all-time peak of 30.77% in 2023 and an all-time trough of -0.52% in 1962, a period marked by economic restructuring and agricultural reforms. Since then, the inflation rate has generally trended upwards, with varying degrees of volatility. In recent years, Pakistan's inflation rate has been comparable to that of Lesotho, which ranked 5th globally in 2025 with a rate of 4.54%. According to the World Bank, Pakistan's inflation rate has declined to 4.50% in 2025, a relatively stable rate compared to the peak. The recent stabilization in inflation rate could be attributed to the government's efforts to maintain fiscal discipline and manage the economy through monetary policy. However, if global commodity prices surge and domestic economic growth accelerates, Pakistan's inflation rate may be at risk of increasing, potentially challenging the government's inflation control efforts and economic stability.

Data & projection

Year Inflation Rate YoY change Rank
2030* IMF 6.49% - -
2029* IMF 6.49% - -
2028* IMF 6.49% - -
2027* IMF 6.49% - -
2026* IMF 6.04% - -
2025* IMF 4.50% - -
2025 4.50% −8.14pp #52
2024 12.63% −16.55pp #170
2023 30.77% +18.62pp #181
2022 19.87% +10.98pp #175
2021 9.50% −1.24pp #171
2020 9.74% +2.94pp #171
2019 10.58% +5.88pp #182
2018 5.08% +0.30pp #162
2017 4.09% +1.22pp #135
2016 3.77% −0.76pp #142
2015 2.53% −6.09pp #118
2014 7.19% −0.17pp #173
2013 7.69% −3.31pp #175
2012 9.68% −3.98pp #175
2011 11.92% +1.81pp #179
Show all years (1960-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +34.1% GDP growth 3.0% C/A balance 0.1%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Pakistan matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw inflation rate improve within 24 months. View full analysis →

Frequently Asked Questions

What is Pakistan's inflation rate?▾

Pakistan's inflation rate was 4.50% in 2025. Ranked 52nd globally. This represents a 64.4% decrease from the previous year.

What was the highest inflation rate in Pakistan?▾

Pakistan's inflation rate peaked at 30.77% in 2023.

What was the lowest inflation rate in Pakistan?▾

The lowest inflation rate in Pakistan was -0.52% in 1962.

How does Pakistan rank in inflation rate?▾

Pakistan ranks 52nd globally in inflation rate as of 2025.

What is the World Bank indicator code for inflation rate?▾

The World Bank indicator code is FP.CPI.TOTL.ZG. Data sourced from World Bank.

What is the projected inflation rate of Pakistan in 2025?▾

Pakistan's inflation rate is projected to reach 4.50% by 2025 based on IMF projection.

What is the inflation rate of Pakistan in 2025?▾

The inflation rate of Pakistan in 2025 was 4.50%. This ranks 52nd in the world.

Cite this page

APA
Pakistan Inflation Rate. HistorySaid. Retrieved October 19, 2026, from https://historysaid.com/pakistan/inflation-rate/
BibTeX
@misc{historysaid_pakistan_inflation-rate, title = {Pakistan Inflation Rate}, url = {https://historysaid.com/pakistan/inflation-rate/}, publisher = {HistorySaid}, year = {2026} }
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