Inflation in Pakistan
In the year to August 2026, consumer prices in Pakistan rose 11.2%, up from 9.2% a month earlier. Since July 2008 prices have risen 445.2%, which means ₨100 then buys what ₨545.16 buys now, so the same basket of goods costs 5.5 times what it did.
Cumulative & Yearly Inflation
Inflation in Pakistan by year
Inflation is the change in that year's average prices against the year before, which is the figure usually quoted. The last two columns take ₨100 in January of that year and show what it is worth in August 2026, the most recent month on record. Only years measured in full are listed, so the year now running appears once it ends.
| Year | Inflation | ₨100 is now | Cumulative inflation |
|---|---|---|---|
| 2010 | 12.9% | 472.46 | 372.5% |
| 2020 | 9.7% | 225.89 | 125.9% |
| 2024 | 12.6% | 115.61 | 15.6% |
| 2025 | 3.5% | 112.90 | 12.9% |
Every year from 2010 to 2025
| Year | Inflation | ₨100 is now | Cumulative inflation |
|---|---|---|---|
| 2010 | 12.9% | 472.46 | 372.5% |
| 2011 | 11.9% | 414.77 | 314.8% |
| 2012 | 9.7% | 376.73 | 276.7% |
| 2013 | 7.7% | 348.60 | 248.6% |
| 2014 | 7.2% | 323.04 | 223.0% |
| 2015 | 2.5% | 310.99 | 211.0% |
| 2016 | 3.8% | 300.99 | 201.0% |
| 2017 | 4.1% | 290.36 | 190.4% |
| 2018 | 5.1% | 278.06 | 178.1% |
| 2019 | 10.6% | 259.41 | 159.4% |
| 2020 | 9.7% | 225.89 | 125.9% |
| 2021 | 9.5% | 213.79 | 113.8% |
| 2022 | 19.9% | 189.25 | 89.3% |
| 2023 | 30.8% | 148.37 | 48.4% |
| 2024 | 12.6% | 115.61 | 15.6% |
| 2025 | 3.5% | 112.90 | 12.9% |
A short history of inflation in Pakistan
Recurring Currency Crises (1998 onwards)
Pakistani inflation is driven mostly by the rupee. The country imports its fuel and a large share of its edible oil and pulses, runs persistent current account and budget deficits, and has entered International Monetary Fund programmes more than twenty times, each usually accompanied by a devaluation. When the rupee falls, prices follow within months.
The 2022 to 2023 Crisis
The most severe episode came when catastrophic floods in 2022 destroyed a large part of the harvest, reserves fell to a few weeks of imports, and the rupee was allowed to fall sharply as a condition of renewed lending. Inflation reached the high thirties, food inflation higher still. It fell back once the currency steadied, which is the recurring pattern rather than a new departure.
Post-Covid Inflation (2021 to 2023)
In Pakistan, prices rose fastest in May 2023, at 38.0%. The causes of the post-Covid inflation were global in nature, beginning with the lockdowns: factories and ports closed and the shipping between them fell out of sequence, so goods took longer to make and longer to arrive. Governments had spent heavily supporting household incomes through those closures, so when restrictions lifted there was money waiting to be spent and not enough on the shelves to spend it on. Then in February 2022 Russia invaded Ukraine, disrupting two of the world's largest suppliers of wheat, fertiliser, oil and gas at once, and the cost of everything grown, heated or transported rose with them.
Because the causes were shared, so was the timing: most countries peaked within a few months of one another in late 2022. The major inflation events covers this episode and the others in more detail.
Common questions about inflation in Pakistan
What is the current inflation rate in Pakistan?
Prices in Pakistan rose 11.2% in the year to August 2026. That is up from 9.2% a month earlier.
What would ₨100 in July 2008 be worth today?
₨100.00 in July 2008 has the same buying power as ₨545.16 in August 2026, a rise of 445.2%.
What would ₨100 in January 2010 be worth today?
₨100.00 in January 2010 has the same buying power as ₨472.46 in August 2026, a rise of 372.5%.
What would ₨100 in January 2020 be worth today?
₨100.00 in January 2020 has the same buying power as ₨225.89 in August 2026, a rise of 125.9%.
What is Pakistan's inflation target?
Pakistan targets 6%. The latest reading of 11.2% is running 5.2 points above it.
How inflation in Pakistan is measured
The figures on this page come from the IMF's CPI dataset, with the original data from Pakistan Bureau of Statistics. The series is indexed so that a chosen base year equals 100, and the calculator works out the ratio between any two dates you pick.
The currency shown is the Pakistani rupee (₨). Coverage runs from July 2008 to August 2026, and updates automatically as each new release is published. Figures for the most recent periods can be revised by the statistics office after first publication.
Use this data
Click the reference to select it.
Compare Inflation. “Inflation in Pakistan.” Figures for August 2026. https://compareinflation.com/inflation-in-pakistan/
Download the full series (CSV) — 218 months, July 2008 to August 2026, with the annual rate for each.