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 (2019): 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) | $1,323,644,691,652 (2021) |
GDP Growth Rate (annual %) | 6.03% (2021) |
GDP Per Capita, PPP (current international) | $5,878 (2021) |
GDP Country Rank 23/197 (2021)
Economic Indicators [1]
Inflation, consumer prices (annual %) | 9.496% (2021) |
External debt stocks, total (DOD, current US$) | $116,505,539,224 (2020) |
Total tax rate (% of commercial profits) | 33.9% (2019) |
Real Interest Rate (5 year average %) | -1.324% (2021) |
Manufacturing, value added (% of GDP) | 11.976% (2021) |
Current Account Balance (BoP, current US$) | ($12,262,247,000) (2021) |
Labor and Employment [1]
Labor Force, Total | 73,780,029 (2021) |
Employment in Agriculture (% of total employment) | 35.893% (2020) |
Employment in Industry (% of total employment) | 25.792% (2020) |
Employment in Services (% of total employment) | 38.316% (2020) |
Unemployment Rate | 4.352% (2021) |
Trade [1]
Imports of goods and services (current US$) | $69,042,352,354 (2021) |
Exports of goods and services (current US$) | $34,569,034,836 (2021) |
Total Merchandise Trade (% of GDP) | 29.119% (2021) |
FDI, net inflows (BoP, current US$) | $2,057,000,000 (2020) |
Commercial Service Exports (current US$) | $5,466,880,000 (2021) |
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.