Pakistan Forecast: Unemployment Rate
1983 - 2029 | Yearly | % | International Monetary Fund
Key information about Pakistan Unemployment Rate Forecast
- Pakistan Unemployment Rate is forecasted to be 8.000 % in Dec 2024 as reported by International Monetary Fund
- It records an increase from the last reported number of 8.500 % in Dec 2023
- Looking ahead, Pakistan Unemployment Rate is projected to stand at 6.000 % in Dec 2029
- The data is updated yearly and is categorized in CEIC under World Trend Plus’s Country Forecast – Table IMF.WEO: Unemployment Rate
View Pakistan's Forecast: Unemployment Rate from 1983 to 2029 in the chart:
What is Pakistan's Forecast: Unemployment Rate in 2029?
Pakistan Unemployment Rate is forecasted to be 8.000 % in Dec 2024 as reported by International Monetary Fund See the table below for more data.
| Last | Previous | Min | Max | Unit | Frequency | Range |
|---|---|---|---|---|---|---|
| 6.000 2029 | 5.000 2028 | 3.071 1987 | 8.500 2023 | % | yearly | 1983 - 2029 |
Forecast: Unemployment Rate by Country Comparison
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| country/region | Last | Frequency | Range |
|---|---|---|---|
| Afghanistan (%) | 0.000 | yearly | - |
| Albania (%) | 11.000 2028 | yearly | 1980 - 2028 |
| Algeria (%) | 11.383 2019 | yearly | 1980 - 2019 |
| Andorra (%) | 1.675 2028 | yearly | 2010 - 2028 |
| Angola (%) | 0.000 | yearly | - |
| Antigua and Barbuda (%) | 0.000 | yearly | - |
| Argentina (%) | 7.000 2029 | yearly | 1980 - 2029 |
| Armenia (%) | 14.000 2029 | yearly | 2001 - 2029 |
| Aruba (%) | 5.091 2026 | yearly | 1991 - 2026 |
| Australia (%) | 4.591 2029 | yearly | 1980 - 2029 |
| Austria (%) | 5.179 2028 | yearly | 1980 - 2028 |
| Azerbaijan (%) | 5.218 2029 | yearly | 2000 - 2029 |
| Bahamas (%) | 9.190 2028 | yearly | 1986 - 2028 |
| Bahrain (%) | 7.700 2022 | yearly | 2007 - 2022 |
| Bangladesh (%) | 0.000 | yearly | - |
| Barbados (%) | 9.718 2028 | yearly | 1981 - 2028 |
| Belarus (%) | 2.898 2029 | yearly | 1993 - 2029 |
| Belgium (%) | 5.391 2029 | yearly | 1980 - 2029 |
| Belize (%) | 2.800 2028 | yearly | 1990 - 2028 |
| Benin (%) | 0.000 | yearly | - |
| Bhutan (%) | 3.500 2023 | yearly | 2003 - 2023 |
| Bolivia (%) | 5.200 2029 | yearly | 2000 - 2029 |
| Bosnia and Herzegovina (%) | 13.300 2029 | yearly | 1995 - 2029 |
| Botswana (%) | 0.000 | yearly | - |
| Brazil (%) | 7.652 2029 | yearly | 1991 - 2029 |
| Brunei (%) | 4.900 2029 | yearly | 2011 - 2029 |
| Bulgaria (%) | 4.200 2028 | yearly | 1989 - 2028 |
| Burkina Faso (%) | 0.000 | yearly | - |
| Burundi (%) | 0.000 | yearly | - |
| Cambodia (%) | 0.000 | yearly | - |
| Cameroon (%) | 0.000 | yearly | - |
| Canada (%) | 5.959 2029 | yearly | 1980 - 2029 |
| Cape Verde (%) | 8.500 2028 | yearly | 1980 - 2028 |
| Central African Republic (%) | 0.000 | yearly | - |
| Chad (%) | 0.000 | yearly | - |
| Chile (%) | 7.500 2029 | yearly | 1980 - 2029 |
| China (%) | 5.100 2029 | yearly | 2017 - 2029 |
| Colombia (%) | 8.678 2029 | yearly | 1980 - 2029 |
| Comoros (%) | 0.000 | yearly | - |
| Congo (%) | 0.000 | yearly | - |
| Costa Rica (%) | 9.000 2026 | yearly | 1980 - 2026 |
| Croatia (%) | 5.504 2029 | yearly | 1991 - 2029 |
| Cyprus (%) | 5.481 2028 | yearly | 1982 - 2028 |
| Czech Republic (%) | 2.300 2028 | yearly | 1995 - 2028 |
| Democratic Republic of Congo (%) | 0.000 | yearly | - |
| Denmark (%) | 5.000 2028 | yearly | 1980 - 2028 |
| Djibouti (%) | 0.000 | yearly | - |
| Dominica (%) | 0.000 | yearly | - |
| Dominican Republic (%) | 6.000 2029 | yearly | 1991 - 2029 |
| Ecuador (%) | 3.500 2028 | yearly | 1988 - 2028 |
| Egypt (%) | 6.679 2028 | yearly | 1990 - 2028 |
| El Salvador (%) | 5.500 2029 | yearly | 1988 - 2029 |
| Equatorial Guinea (%) | 0.000 | yearly | - |
| Eritrea (%) | 0.000 | yearly | - |
| Estonia (%) | 7.313 2029 | yearly | 1993 - 2029 |
| Swaziland (%) | 25.000 2016 | yearly | 1995 - 2016 |
| Ethiopia (%) | 0.000 | yearly | - |
| Fiji (%) | 4.500 2029 | yearly | 1986 - 2029 |
| Finland (%) | 7.100 2028 | yearly | 1980 - 2028 |
| France (%) | 6.663 2028 | yearly | 1980 - 2028 |
| Gabon (%) | 0.000 | yearly | - |
| Gambia (%) | 0.000 | yearly | - |
| Georgia (%) | 17.516 2028 | yearly | 1996 - 2028 |
| Germany (%) | 2.963 2028 | yearly | 1980 - 2028 |
| Ghana (%) | 0.000 | yearly | - |
| Greece (%) | 9.000 2028 | yearly | 1980 - 2028 |
| Grenada (%) | 0.000 | yearly | - |
| Guatemala (%) | 0.000 | yearly | - |
| Guinea (%) | 0.000 | yearly | - |
| Guinea-Bissau (%) | 0.000 | yearly | - |
| Guyana (%) | 0.000 | yearly | - |
| Haiti (%) | 0.000 | yearly | - |
| Honduras (%) | 8.000 2029 | yearly | 1980 - 2029 |
| Hong Kong SAR, China (%) | 2.424 2029 | yearly | 1980 - 2029 |
| Hungary (%) | 3.689 2029 | yearly | 1980 - 2029 |
| Iceland (%) | 4.000 2029 | yearly | 1980 - 2029 |
| India (%) | 0.000 | yearly | - |
| Indonesia (%) | 5.100 2028 | yearly | 1984 - 2028 |
| Iran (%) | 9.779 2028 | yearly | 1990 - 2028 |
| Iraq (%) | 0.000 | yearly | - |
| Ireland (%) | 4.507 2028 | yearly | 1985 - 2028 |
| Israel (%) | 4.000 2029 | yearly | 1980 - 2029 |
| Italy (%) | 8.250 2028 | yearly | 1980 - 2028 |
| Ivory Coast (%) | 0.000 | yearly | - |
| Jamaica (%) | 8.375 2021 | yearly | 1980 - 2021 |
| Japan (%) | 2.300 2028 | yearly | 1980 - 2028 |
| Jordan (%) | 22.850 2022 | yearly | 1984 - 2022 |
| Kazakhstan (%) | 4.775 2028 | yearly | 1994 - 2028 |
| Kenya (%) | 0.000 | yearly | - |
| Kiribati (%) | 0.000 | yearly | - |
| South Korea (%) | 3.100 2029 | yearly | 1980 - 2029 |
| Kosovo (%) | 12.575 2022 | yearly | 2012 - 2022 |
| Kuwait (%) | 2.200 2028 | yearly | 2002 - 2028 |
| Kyrgyzstan (%) | 9.014 2028 | yearly | 1994 - 2028 |
| Laos (%) | 0.000 | yearly | - |
| Latvia (%) | 6.284 2029 | yearly | 1992 - 2029 |
| Lebanon (%) | 0.000 | yearly | - |
| Lesotho (%) | 0.000 2015 | yearly | 2000 - 2015 |
| Liberia (%) | 0.000 | yearly | - |
| Libya (%) | 0.000 | yearly | - |
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| Government and Public Finance | Last | Frequency | Range |
|---|---|---|---|
| Consolidated Fiscal Balance: % of GDP (%) | -7.9 2022 | yearly | 2000 - 2022 |
| Consolidated Fiscal Balance (USD mn) | -29,641.346 2022 | yearly | 1991 - 2022 |
| Tax Revenue (USD mn) | 25,992.914 Mar 2024 | quarterly | Sep 2000 - Mar 2024 |
| Tax Revenue: % of GDP (%) | 5.8 2023 | yearly | 2000 - 2023 |
| Government Debt: % of GDP (%) | 71.6 2022 | yearly | 2000 - 2022 |
| Forecast: Government Expenditure (PKR bn) | 29,450.360 2028 | yearly | 1993 - 2028 |
| Forecast: Government Net Debt (PKR bn) | 113,284.270 2028 | yearly | 1994 - 2028 |
| Forecast: Government Revenue (PKR bn) | 21,759.820 2028 | yearly | 1980 - 2028 |
| CG Revenue: ytd: Tax (PKR mn) | 4,834,306.000 Dec 2023 | quarterly | Sep 2000 - Dec 2023 |
| Consolidated Govt (CG) Revenue: ytd (PKR mn) | 9,780,421.000 Mar 2024 | quarterly | Sep 2000 - Mar 2024 |
| Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn) | 2,280,470.000 2022 | yearly | 2016 - 2022 |
| Consolidated Govt (CG) Expenditure: ytd (PKR mn) | 13,682,837.000 Mar 2024 | quarterly | Sep 2000 - Mar 2024 |
| CG Expenditure: ytd: Current (PKR mn) | 12,333,295.000 Mar 2024 | quarterly | Sep 2000 - Mar 2024 |
| Foreign Trade | Last | Frequency | Range |
|---|---|---|---|
| Forecast: Exports of Goods Growth (%) | 5.363 2028 | yearly | 1980 - 2028 |
| Trade Balance (USD mn) | -2,374.0 Apr 2024 | monthly | Jan 1968 - Apr 2024 |
| Total Exports (USD mn) | 2,349.0 Apr 2024 | monthly | Jan 1996 - Apr 2024 |
| Total Exports Growth (%) | 7.4 Apr 2024 | monthly | Dec 1988 - Apr 2024 |
| Aluminum: Exports (USD th) | 43,709.814 2022 | yearly | 1995 - 2022 |
| Exports: Medicament (USD th) | 229,266.745 2022 | yearly | 1995 - 2022 |
| Exports: Medicinal and Pharmaceutical Product (USD th) | 6,879.761 2022 | yearly | 1995 - 2022 |
| Total Imports (USD mn) | 4,723.0 Apr 2024 | monthly | Jan 1996 - Apr 2024 |
| Total Imports Growth (%) | 54.0 Apr 2024 | monthly | Dec 1988 - Apr 2024 |
| Imports: Medicament (USD th) | 322,961.887 2022 | yearly | 1995 - 2022 |
| Imports: Medicinal and Pharmaceutical Product (USD th) | 1,291,292.991 2022 | yearly | 1995 - 2022 |
| Total Exports to USA (USD mn) | 604.935 Dec 2021 | monthly | Jan 1969 - Dec 2021 |
| Total Imports from USA (USD mn) | 188.715 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Total Exports to China (USD mn) | 246.030 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Total Imports from China (USD mn) | 1,162.123 Mar 2024 | monthly | Jan 2006 - Mar 2024 |
| Exports: Petroleum & Coal (PKR mn) | 4,498.000 Mar 2024 | monthly | Sep 1999 - Mar 2024 |
| Trade Balance: USD (USD mn) | -3,192.00 Jul 2018 | monthly | Jan 1996 - Jul 2018 |
| Balance of Payments | Last | Frequency | Range |
|---|---|---|---|
| Direct Investment Abroad (USD mn) | 75.0 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| Current Account Balance (USD mn) | 323.0 Mar 2024 | quarterly | Mar 1976 - Mar 2024 |
| Current Account Balance: % of GDP (%) | -1.0 2023 | yearly | 1977 - 2023 |
| Foreign Direct Investment (USD mn) | 258.0 Mar 2024 | monthly | Jul 1997 - Mar 2024 |
| Foreign Direct Investment: % of GDP (%) | 0.5 2023 | yearly | 1977 - 2023 |
| Foreign Portfolio Investment (USD mn) | 95.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| Foreign Portfolio Investment: % of GDP (%) | -0.0 2022 | yearly | 2003 - 2022 |
| Foreign Portfolio Investment: Equity Securities (USD mn) | -5.0 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| Foreign Portfolio Investment: Debt Securities (USD mn) | 100.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| External Debt (USD mn) | 131,159.1 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
| External Debt: % of GDP (%) | 37.2 2023 | yearly | 2000 - 2023 |
| External Debt: Short Term (USD mn) | 2,766.6 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
| External Debt: Short Term: % of GDP (%) | 0.8 2023 | yearly | 2006 - 2023 |
| Forecast: Current Account Balance (USD bn) | -2.387 2023 | yearly | 1980 - 2023 |
| Net International Investment Position (USD mn) | -130,433.822 Dec 2023 | quarterly | Mar 2009 - Dec 2023 |
| BoP: Credit: Current Account (CA) (USD mn) | 18,317.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Errors and Omissions (USD mn) | -838.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Debit: Current Account (CA) (USD mn) | 17,994.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Capital Account (CP) (USD mn) | 44.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: CA: Primary Income (PI) (USD mn) | -1,823.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Portfolio Investment: Assets (USD mn) | -2.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Dr: CA: GS: Goods (USD mn) | 13,542.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Cr: Capital Account (CP) (USD mn) | 48.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: CA: Secondary Income (USD mn) | 8,176.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Cr: CA: GS: Goods (USD mn) | 7,737.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Portfolio Investment: Liabilities (USD mn) | 62.000 Dec 2023 | quarterly | Sep 2002 - Dec 2023 |
| BoP: FA: Other Investment (OI): Liabilities (USD mn) | 447.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: CA: GS: Goods (USD mn) | -5,805.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Other Investment (OI) (USD mn) | -86.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Financial Account (FA) (USD mn) | -471.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Direct Investment: Assets (USD mn) | 90.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: CA: GS: Services (USD mn) | -225.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Cr: CA: GS: Services (USD mn) | 2,042.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Financial Account (FA): Liabilities (USD mn) | 779.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Reserve Assets (RA) (USD mn) | -141.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Financial Derivatives & Employee Stock Options (USD mn) | 0.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Other Investment (OI): Assets (USD mn) | 361.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Dr: CA: Primary Income (PI) (USD mn) | 2,060.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Dr: Capital Account (CP) (USD mn) | 4.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Dr: CA: GS: Services (USD mn) | 2,267.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Dr: CA: Secondary Income (USD mn) | 125.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Portfolio Investment (USD mn) | -97.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: FA: Direct Investment (USD mn) | -147.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Financial Account (FA): Assets (USD mn) | 308.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Cr: CA: Secondary Income (USD mn) | 8,301.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| BoP: Cr: CA: Primary Income (PI) (USD mn) | 237.000 Mar 2024 | quarterly | Sep 2002 - Mar 2024 |
| IIP: Assets (USD mn) | 26,670.559 2023 | yearly | 2014 - 2023 |
| International Investment Position (IIP): Net (USD mn) | -130,433.822 2023 | yearly | 2014 - 2023 |
| IIP: Liabilities (USD mn) | 157,104.381 2023 | yearly | 2014 - 2023 |
| External Debt: Public (USD mn) | 99,700.385 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
| External Debt: Private Sector (USD mn) | 12,276.898 Dec 2023 | quarterly | Jun 2006 - Dec 2023 |
| Workers' Remittances (USD mn) | 2,953.662 Mar 2024 | monthly | Jul 1972 - Mar 2024 |
| Foreign Investment: Direct Investment: Hong Kong (USD mn) | 29.503 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| Foreign Investment: Direct Investment: Outflow: United States (USD mn) | 1.318 Mar 2024 | monthly | Jul 2012 - Mar 2024 |
| Foreign Investment: Direct Investment: Switzerland (USD mn) | 0.403 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| Foreign Investment: Direct Investment: Italy (USD mn) | -0.030 Mar 2024 | monthly | Jul 2011 - Mar 2024 |
| Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn) | 0.741 Mar 2024 | monthly | Jul 2012 - Mar 2024 |
| Foreign Investment: Direct Investment: Outflow: China (USD mn) | 7.313 Mar 2024 | monthly | Jul 2012 - Mar 2024 |
| Foreign Investment: Direct Investment: United Kingdom (USD mn) | 22.578 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn) | 2.661 Mar 2024 | monthly | Jul 2012 - Mar 2024 |
| Foreign Investment: Direct Investment: United States (USD mn) | 19.547 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn) | 1.379 Mar 2024 | monthly | Jul 2012 - Mar 2024 |
| FDI: Food (USD mn) | 6.424 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| FDI: Tobacco & Cigarettes (USD mn) | 4.090 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| FDI: Chemicals (USD mn) | 2.109 Mar 2024 | monthly | Jul 2001 - Mar 2024 |
| Monetary | Last | Frequency | Range |
|---|---|---|---|
| Non Performing Loans Ratio (%) | 7.6 Dec 2023 | quarterly | Mar 2006 - Dec 2023 |
| Non-Performing Loans (USD mn) | 3,584.230 Dec 2023 | quarterly | Sep 2003 - Dec 2023 |
| Money Supply M1 (USD mn) | 39,342.676 Feb 2024 | monthly | Jul 1991 - Feb 2024 |
| Money Supply M2 (USD mn) | 116,827.767 Dec 2023 | monthly | Jan 1988 - Dec 2023 |
| M2 Growth (%) | 15.3 Feb 2024 | monthly | Jan 1989 - Feb 2024 |
| Reserve Requirement Ratio (%) | 5.0 Mar 2024 | monthly | Jul 2006 - Mar 2024 |
| Foreign Exchange Reserves (USD mn) | 12,766.0 Mar 2024 | monthly | Jan 1959 - Mar 2024 |
| Foreign Exchange Reserves: % of GDP (%) | 5.000 Mar 2024 | monthly | Jul 2006 - Mar 2024 |
| Foreign Exchange Reserves: Months of Import (NA) | 2.6 Mar 2024 | monthly | Jan 1996 - Mar 2024 |
| Gold Reserves (USD mn) | 4,604.696 Mar 2024 | monthly | Dec 1956 - Mar 2024 |
| Total Deposits (USD mn) | 97,391.375 2022 | yearly | 1997 - 2022 |
| Total Deposits Growth (%) | 23.8 2023 | yearly | 1998 - 2023 |
| Domestic Credit (USD mn) | 154,958.8 Mar 2024 | monthly | Jun 2008 - Mar 2024 |
| Domestic Credit Growth (%) | 20.1 Mar 2024 | monthly | Jun 2009 - Mar 2024 |
| Total Loans (USD mn) | 41,881.894 Mar 2024 | monthly | Sep 2007 - Mar 2024 |
| Total Loans Growth (%) | 1.20 Mar 2024 | monthly | Sep 2008 - Mar 2024 |
| Private Debt: % of Nominal GDP (%) | 9.41 2023 | yearly | 2005 - 2023 |
| Money Supply M0: Reserve Money (PKR mn) | 11,167,306.217 Mar 2024 | monthly | Jan 2005 - Mar 2024 |
| ORA: Gold Including Gold Deposits and Gold Swapped (USD mn) | 2,711.52 May 2018 | monthly | Oct 2003 - May 2018 |
| ORA: Foreign Currency Reserves (FCR) (USD mn) | 4,791.727 Mar 2024 | monthly | Oct 2003 - Mar 2024 |
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