Pakistan’s inflation has been marked by volatility, with double-digit inflation during the 1990s peaking at in 1995 due to fiscal deficits and structural challenges. Inflation spiked to in 2009 amid global financial turmoil. In 2023, inflation surged to , driven by currency depreciation, political instability, and rising global energy prices.
Forecasts suggest inflation will stabilize at from 2028, reflecting the potential success of economic stabilization measures and improved fiscal discipline.
Forecasts suggest inflation will stabilize at from 2028, reflecting the potential success of economic stabilization measures and improved fiscal discipline.
Explore related charts to gain a better understanding of Pakistan’s net ODA received, Pakistan’s population density, Pakistan’s services sector share in GDP.
