10-Year Budget Comparison

Complete federal budget breakdown from FY 2015-16 to FY 2025-26

Pakistan vs India

Budget allocation comparison as % of total (FY 2025-26)

Debt Interest

🇵🇰
46.7%
🇮🇳
25%

Defence

🇵🇰
14.6%
🇮🇳
8%

Education

🇵🇰
0.64%
🇮🇳
2.9%

Health

🇵🇰
0.13%
🇮🇳
2.1%

Development/Infra

🇵🇰
5.7%
🇮🇳
11%

Key Takeaways

  • Pakistan spends nearly 2x more of its budget on debt interest
  • India spends 4.5x more on education (as % of budget)
  • India spends 16x more on health (as % of budget)
  • India spends 2x more on development & infrastructure
  • Pakistan spends ~2x more on defence (as % of budget)

Pakistan Budget

Rs 17.6T

~$62B USD

India Budget

₹50.6T

~$605B USD

Pakistan Pop.

240M

India Pop.

1.45B

Note: Pakistan figures are federal only. Provincial spending is separate.

Select categories to display:

Budget Allocations (in Trillions PKR)

Detailed Data (Billion PKR)

Fiscal Year Total Debt Servicing NFC Transfers Defence Military Pensions Development (PSDP) Education Health Other

10-Year Growth

Key Insights

  • Debt interest grew 6.4x in 10 years
  • Education grew only 1.7x — below inflation
  • Health at 0.13% — among world's lowest
  • Debt + Defence = over 60% of budget

Provincial Budgets

FY 2025-26 Provincial Budget Allocations

Punjab

Rs 5.33T

Development Rs 1.24T
Population ~127M

Sindh

Rs 3.45T

Development Rs 850B
Population ~55M

KPK

Rs 2.12T

Development Rs 520B
Population ~40M

Balochistan

Rs 950B

Development Rs 250B
Population ~15M

Note: Provincial education and health spending is included here. Provinces receive NFC transfers from federal government.

? What is NFC?

NFC (National Finance Commission) — The National Finance Commission is a constitutional body that decides how federal tax revenue is distributed among provinces.

How it works

Federal govt collects taxes → NFC formula divides it → Provinces receive their share

Current Split

Provinces get 57.5%, Federal keeps 42.5%

This is why "NFC Transfers" is 18% of federal budget — this money goes to provinces who spend it on education, health, and other services.

10-Year Inflation

Annual inflation rate (%) — World Bank & Pakistan Bureau of Statistics

Cumulative Inflation

185.6%

2015 to 2025

Peak Rate

29.2%

FY 2022-23

Current Rate

4.5%

FY 2025-26 (proj.)

What this means: Something that cost Rs 100 in 2015 now costs Rs 285. Wages haven't kept pace.