Inflation rates by country and year

-0.5%7.3%15.1%22.9%30.8%
-0.5%7.3%15.1%22.9%30.8%
19606.9%
19929.5%
20253.5%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2025Inflation Rate3.5%

Behind the curve

Turning points in Pakistan

  1. The first oil shock — Wikipedia (opens in a new tab)

    Pakistan's dependence on imported oil meant the 1973 shock raised costs and inflation into the mid-1970s.

    State Bank of Pakistan
  2. The world food price crisis — Wikipedia (opens in a new tab)

    The 2007–08 global food and fuel surge, plus a weakening rupee, pushed Pakistani inflation to double digits.

    State Bank of Pakistan
  3. The 2022 floods — Wikipedia (opens in a new tab)

    The 2022 floods devastated crops and infrastructure, disrupting food supply and adding to inflation from high import costs.

    State Bank of Pakistan
  4. The economic crisis — Wikipedia (opens in a new tab)

    A balance-of-payments crisis, rupee depreciation and high import prices drove Pakistan's inflation to record levels in 2023.

    State Bank of Pakistan

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Pakistan?

The annual inflation rate in Pakistan was 3.5% in 2025, the most recent year in the World Bank dataset. That means prices rose 3.5% on average compared with the year before. Use the chart above to explore Pakistan's full inflation history from 1960 to 2025, and to compare it with any other country.

How inflation in Pakistan has changed

Inflation in Pakistan peaked at 30.8% in 2023 and reached its lowest point at -0.5% in 1962. Averaged across the 66 years of available data (19602025), the rate has been 8.6% per year.

Frequently asked questions about inflation in Pakistan

What is the current inflation rate in Pakistan?

The latest available annual figure is 3.5% in 2025, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Pakistan's statistical office.

What was the highest inflation rate in Pakistan?

The highest annual inflation rate on record is 30.8%, reached in 2023.

What was the lowest inflation rate in Pakistan?

The lowest annual inflation rate on record is -0.5%, recorded in 1962.

Where does the inflation data for Pakistan come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.