Pakistan: Economy
|
Income Level (by per capita GNI) Source: The World Bank Possible values: High Income, Upper Middle Income, Lower Middle Income and Low Income |
Lower Middle Income |
|
Level of Development
Source: United Nations Possible values: Developed, In Transition and Developing |
Developing |
| Economic Trivia | Agriculture accounts for more than one-fifth of output and two-fifths of employment. |
|
Trade
Source: United Nations Comtrade Note: Top 3 trade partners are calculated by imports + exports. |
Top 3 Trade Partners (2017): China, United Arab Emirates, and United States |
| Top Industries Source: CIA World Factbook | Textiles and Apparel; Food Processing; Pharmaceuticals; Construction Materials |
Gross Domestic Product (GDP) [1]
| GDP, PPP (current international) | $1,176,498,290,821 (2018) |
| GDP Growth Rate (annual %) | 5.43% (2018) |
| GDP Per Capita, PPP (current international) | $5,544 (2018) |
GDP Country Rank 23/196 (2018)
Economic Indicators [1]
| Inflation, consumer prices (annual %) | 5.078% (2018) |
| External debt stocks, total (DOD, current US$) | $90,957,392,314 (2018) |
| Total tax rate (% of commercial profits) | 34.1% (2018) |
| Real Interest Rate (5 year average %) | 6.327% (2018) |
| Manufacturing, value added (% of GDP) | 12.128% (2018) |
| Current Account Balance (BoP, current US$) | ($19,191,340,000) (2018) |
Labor and Employment [1]
| Labor Force, Total | 73,234,565 (2018) |
| Employment in Agriculture (% of total employment) | 41.671% (2018) |
| Employment in Industry (% of total employment) | 23.642% (2018) |
| Employment in Services (% of total employment) | 34.686% (2018) |
| Unemployment Rate | 3.038% (2018) |
Trade [1]
| Imports of goods and services (current US$) | $60,763,266,727 (2018) |
| Exports of goods and services (current US$) | $26,661,402,111 (2018) |
| Total Merchandise Trade (% of GDP) | 26.86% (2018) |
| FDI, net inflows (BoP, current US$) | $2,354,000,000 (2018) |
| Commercial Service Exports (current US$) | $4,065,900,000 (2018) |
Economic Snapshot [1]
Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.
How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Pakistan’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.