The 2012 edition of World T20 was held in Sri Lanka, where Pakistan grouped in Group D with New Zealand, and Bangladesh. They won comfortably against the two teams, and stood up as top of group D. In super eight contest, Pakistan first played against South Africa, where Pakistan won the match by just 2 wickets. next match was against India, which always given a much publicity by all over the fans. Pakistan bowled out for just 128 runs, where India reached the target with only 2 wickets given. Pakistan won their last Super eight match against Australia by 32 runs, where Saeed Ajmal performed well in the match by taking 3 wickets for 17 runs. Pakistan qualified for the semi-finals after superior net run rate than India.
The first group match was with rivals India, which India won by 7 wickets. The next match was against Australia, where Pakistan scored 191/5 with brilliant batting of Umar Akmal. Australia had a fierce going with 33 ball 74 runs by Glenn Maxwell, but only managed to score 175. Pakistan won the match by 16 runs. The match against Bangladesh was a comfortable win by 50 runs. Pakistani opening batsman Ahmed Shehzad scored the maiden T20I century by a Pakistani. He finished with an unbeaten 111 off 62 balls. The crucial match was with West Indies, where the winning team would go through to the semi-final. West Indies won the toss and elected to bat first. They scored 166/6 in their 20 overs, West Indies scored 82 runs off the last 5 overs giving a fearsome hitting to the Pakistani bowlers. Pakistan's chase was unsuccessful as they were bowled out for just 82 runs. Pakistan was eliminated from the tournament with this result.
The quarterfinal match of Pakistan was against Australia. Pakistan scored 213 runs. Australia started steadily but wickets regularly fell during the middle overs. The match gained a lot of attraction due to the on-field rivalry between Australian all-rounder, Shane Watson and Pakistani pacer, Wahab Riaz. Wahab's spell was praised despite not picking up many wickets. Pakistan dropped catches during the first power-play and conceded many runs. The partnership between Steve Smith and Glenn Maxwell allowed Australia to win the match. As a result, Pakistan were knocked out of the tournament. The match was the final ODI for Pakistani's captain Misbah-ul-Haq and experienced all-rounder Shahid Afridi.
The 1992 Cricket World Cup in Australia and New Zealand marked Pakistan's first World Cup victory. It is remembered for the comeback Pakistan made after losing key players such as Waqar Younis and Saeed Anwar and being led by an injured captain Imran Khan. Pakistan lost 3 of their first 5 matches and were nearly eliminated in the first round of the tournament after being bowled out for 74 runs against England, until the match was declared as a "no result" due to rain. Imran Khan told the team to play like "cornered tigers", after which Pakistan won five successive matches, including the semi-final against hosts New Zealand and the final against England.