Latest YoY Inflation
7.3%
March 2026
Pakistan Inflation Rate Today & Inflation Calculator
Track Pakistan's latest inflation rate, review YoY and MoM CPI changes, and use the inflation calculator below to compare purchasing power across historical periods.
Try:
in
=?
in
Did Your Assets Beat Inflation?
How major asset classes performed vs Pakistan's CPI
Returns are normalized to the same starting point. Badge shows how much the asset beat or lost to inflation.
Loading historical inflation charts...
Beat Inflation with Mutual Funds
Is inflation eating your hard-earned savings?
Historically, equity mutual funds in Pakistan have consistently outperformed inflation, providing one of the most effective paths to real wealth creation. Don't just save - invest with purpose.
Avg. Return
18.4%*
Fund PerformanceStrong
Outperforming CPI by 10%*
* Historical performance of top-tier Equity Funds. Mutual fund investments are subject to market risks.
Pakistan Annual Inflation Rate by Year
Annual average inflation rates based on CPI data from the Pakistan Bureau of Statistics (PBS), 1960 to present.
| Year | Inflation Rate | Change vs Prior Year |
|---|---|---|
| 2026 YTD | 6.69% | +3.16% |
| 2025 | 3.53% | -9.12% |
| 2024 | 12.65% | -18.11% |
| 2023 | 30.76% | +10.88% |
| 2022 | 19.87% | +10.37% |
| 2021 | 9.50% | +0.03% |
| 2020 | 9.47% | +0.07% |
| 2019 | 9.40% | +4.12% |
| 2018 | 5.28% | +1.03% |
| 2017 | 4.25% | +0.50% |
| 2016 | 3.75% | +1.21% |
| 2015 | 2.55% | -4.65% |
| 2014 | 7.19% | -0.09% |
| 2013 | 7.28% | -2.98% |
| 2012 | 10.26% | -2.16% |
| 2011 | 12.42% | -0.48% |
| 2010 | 12.90% | +0.77% |
| 2009 | 12.13% | -7.65% |
| 2008 | 19.78% | +12.21% |
| 2007 | 7.58% | -0.34% |
| 2006 | 7.92% | -1.21% |
| 2005 | 9.12% | +2.16% |
| 2004 | 6.97% | +4.47% |
| 2003 | 2.50% | -0.79% |
| 2002 | 3.29% | +0.14% |
| 2001 | 3.15% | -1.22% |
| 2000 | 4.37% | +0.23% |
| 1999 | 4.14% | -2.09% |
| 1998 | 6.23% | -5.15% |
| 1997 | 11.38% | +1.01% |
| 1996 | 10.37% | -1.97% |
| 1995 | 12.34% | -0.03% |
| 1994 | 12.37% | +2.40% |
| 1993 | 9.97% | +0.46% |
| 1992 | 9.51% | -2.28% |
| 1991 | 11.79% | +2.74% |
| 1990 | 9.05% | +1.21% |
| 1989 | 7.84% | -1.00% |
| 1988 | 8.84% | +4.16% |
| 1987 | 4.68% | +1.17% |
| 1986 | 3.51% | -2.10% |
| 1985 | 5.61% | -0.48% |
| 1984 | 6.09% | -0.27% |
| 1983 | 6.36% | +0.46% |
| 1982 | 5.90% | -5.98% |
| 1981 | 11.88% | -0.06% |
| 1980 | 11.94% | +3.67% |
| 1979 | 8.27% | +2.13% |
| 1978 | 6.14% | -3.99% |
| 1977 | 10.13% | +2.97% |
| 1976 | 7.16% | -13.74% |
| 1975 | 20.90% | -5.76% |
| 1974 | 26.66% | +3.59% |
| 1973 | 23.07% | +17.89% |
| 1972 | 5.18% | +0.45% |
| 1971 | 4.73% | -0.62% |
| 1970 | 5.35% | +2.16% |
| 1969 | 3.19% | +3.02% |
| 1968 | 0.17% | -6.64% |
| 1967 | 6.81% | -0.42% |
| 1966 | 7.23% | +1.66% |
| 1965 | 5.57% | +1.39% |
| 1964 | 4.18% | +2.72% |
| 1963 | 1.46% | +1.98% |
| 1962 | -0.52% | -2.16% |
| 1961 | 1.64% | -5.30% |
| 1960 | 6.94% | — |
Years labeled YTD are partial-year averages based on available CPI months. Annual figures are full-year CPI averages. Source: Pakistan Bureau of Statistics.
Understanding Inflation & Purchasing Power
Inflation is the rate at which the general level of prices for goods and services rises over time, causing the purchasing power of money to fall. In Pakistan, inflation is measured through the Consumer Price Index (CPI) published by the Pakistan Bureau of Statistics (PBS) and monitored by the State Bank of Pakistan (SBP).
How This Calculator Works
- Enter an amount in either the Amount 1 or Amount 2 field
- Select the month and year for both time periods
- Click Calculate to see the equivalent purchasing power
- The calculator works in both directions — you can calculate forward (what will this amount be worth in the future?) or backward (what was this amount worth in the past?)
Example: If you enter PKR 100,000 in January 2015 and select January 2025, the calculator shows you how much money you would need in 2025 to have the same purchasing power as PKR 100,000 had in 2015.
Why Inflation Matters for Investors
- Real vs Nominal Returns: A 12% return when inflation is 10% gives you only a 2% real return. Understanding this gap is critical for wealth preservation.
- Goal Planning: A goal of PKR 10 million in 2035 requires significantly more savings today than it did in 2015 due to inflation.
- Emergency Fund: Cash sitting idle loses purchasing power every year. Even conservative investments should beat inflation.
- Retirement Planning: Your retirement corpus must account for decades of inflation eroding fixed income.
Inflation in Pakistan — Key Context
Pakistan has historically experienced higher inflation than many other countries. Average inflation has ranged significantly — from single digits in stable periods to over 20% during high-inflation episodes. This makes inflation adjustment especially important for Pakistani investors when evaluating investment returns, setting financial goals, or comparing historical prices.
مہنگائی کیا ہے؟ — Inflation in Urdu
In Urdu, inflation is commonly referred to as مہنگائی (Mehngai) — literally meaning “expensiveness” or “the state of rising prices.” The formal economic term is افراط زر (Ifrat-e-Zar). When prices of everyday items like food, fuel, and rent rise faster than incomes, purchasing power falls — this is مہنگائی at work.
Pakistan's CPI basket tracks the prices of common goods that directly affect households. A higher CPI reading means مہنگائی has increased, and the same amount of PKR buys less than before. Understanding this is essential for any Pakistani investor or saver planning for the future.
Beating Inflation with Mutual Funds
Equity mutual funds have historically provided returns that outpace inflation over the long term. By investing systematically through SIPs and staying invested for 10+ years, Pakistani investors have been able to grow their real (inflation-adjusted) wealth meaningfully. Use this calculator alongside the SIP Calculator to understand how much you need to invest to hit inflation-adjusted goals.
Disclaimer: Inflation data is sourced from official Pakistani government statistics. Past inflation trends are not indicative of future rates. This tool is for educational and planning purposes only — consult a financial advisor for personalized advice.
Frequently Asked Questions
What data source does this inflation calculator use?
This calculator uses historical inflation data for Pakistan sourced from official Consumer Price Index (CPI) releases published by the Pakistan Bureau of Statistics (PBS).
What is the current inflation rate in Pakistan?
Pakistan's latest available inflation reading was 7.3% YoY in March 2026. The Consumer Price Index (CPI) rose by 1.18% on a month-on-month basis. These figures come from the latest Consumer Price Index (CPI) data available from the Pakistan Bureau of Statistics (PBS) on this page.
What does "purchasing power" mean?
Purchasing power refers to how much goods and services a certain amount of money can buy. When inflation rises, the same amount of PKR buys fewer goods and services over time.
Can I calculate inflation for future dates?
No. This calculator currently works only with historical CPI data from 1960 through March 2026. It does not project or forecast future inflation rates.
How does inflation affect my mutual fund investments?
Inflation reduces real returns. If an investment earns 14% annually while inflation is 10%, the real return is only about 4%. That is why long-term investors track returns relative to inflation, not just nominal gains.
What years does the calculator support?
The calculator currently supports historical CPI data from 1960 through March 2026. It does not estimate future inflation rates beyond the latest available PBS month in the dataset.
What was Pakistan's inflation rate in 2026?
Pakistan's inflation rate for 2026 YTD was 6.69% based on 3 months of CPI data available so far. This value is derived from the yearly CPI series shown on this page and sourced from the Pakistan Bureau of Statistics (PBS).
What was Pakistan's inflation rate in 2025?
Pakistan's inflation rate for 2025 was 3.53% based on the full-year average CPI change. This value is derived from the yearly CPI series shown on this page and sourced from the Pakistan Bureau of Statistics (PBS).
What was Pakistan's inflation rate in 2024?
Pakistan's inflation rate for 2024 was 12.65% based on the full-year average CPI change. This value is derived from the yearly CPI series shown on this page and sourced from the Pakistan Bureau of Statistics (PBS).
What was Pakistan's inflation rate in 2023?
Pakistan's inflation rate for 2023 was 30.76% based on the full-year average CPI change. This value is derived from the yearly CPI series shown on this page and sourced from the Pakistan Bureau of Statistics (PBS).
What is PKR 1,000 from 1990 worth today in Pakistan?
Due to decades of accumulated inflation, PKR 1,000 in 1990 is worth significantly more in today's money. Use the inflation calculator above — enter 1,000 as the amount, select January 1990 as the start date, and the latest available month as the end date. The calculator uses official PBS CPI data to compute the exact equivalent purchasing power in today's rupees.
What does inflation mean in Urdu? What is the Urdu word for inflation?
In Urdu, inflation is commonly called Mehngai in everyday language. The formal economic term is Ifrat-e-Zar. Both terms describe a broad rise in prices over time.