Economy of Pakistan
Population: 212.22 M (2018)
GDP per Capita: 1,482 USD (2018)
314,590 M.

GDP USD

(2018)

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27,660 M.

EXPORTS USD

(2018)

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62,130 M.

IMPORTS USD

(2018)

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84.80 %

PUBLIC DEBT

(2019)

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Data is provided by World Bank, FMI and Central Banks.

GDP and Economic Growth

Indicator Value
Economic Growth 5.83 % (2018)
GDP of 2010 USD USD 254.20 B. (2018)
GDP Current USD USD 314.59 B. (2018)
GDP per Capita Current USD USD 1,482 (2018)
GDP per capita, PPP USD 4,940 (2018)
GDP per Capita, 2010 USD USD 1,198 (2018)

Government spending and balances

Indicator Value
Government Spending % GDP 11.71 % (2018)
Government Spending USD 36.85 B. (2018)
Government Debt % GDP 84.80 % (2019)

International Trade and Investment

Indicator Value
Terms of Trade Base Year 2000 54.92 (2018)
Trade Openness 28.54 % (2018)
Exports of Goods and Services % GDP 8.79 % (2018)
Exports Goods & Services USD 27.66 B. (2018)
Exports Annual Growth 10.44 % (2018)
Imports as % GDP 19.75 % (2018)
Total Imports USD 62.13 B. (2018)
Foreign Direct Investment % GDP 0.75 % (2018)
Foreign Direct Investment USD 2.35 B. (2018)
Current Account Balance % GDP USD -6.10 % (2018)
Current Account Balance USD -19.19 B. (2018)
Trade Balance % GDP -10.96 % (2018)
Trade Balance USD -37.74 B. (2018)
Foreign Exchange Reserves incl Gold USD 11.84 B. (2018)
Remittances % GDP 6.74 % (2018)
Remittances USD 21,080 M. (2018)
Balance of Payments USD 754 M. (2016)

Labor Market

Indicator Value
Labor Force 75.14 M. (2019)
Unemployment Rate 3.02 % (2019)
Unemployment Rate Females 5.60 % (2019)
Unemployment Rate Males 4.16 % (2019)
Youth Unemployment (ages 15-24) 6.01 % (2019)
Labor Force Participation Rate 53.43 % (2019)
Labor Force (Percent Female) 20.33 % (2019)
Female Labor Force Participation Rate 24.10 % (2019)
Male Labor Force Participation Rate 81.49 % (2019)
Dependent People 65.52 % (2018)

Agriculture Sector

Indicator Value
Forest Area 1.90 % (2016)
Forest Area km² 14,290 km² (2016)
Agricultural Land 47.79 % (2016)
Agricultural Land km² 368,440 km² (2016)
Employment 41.37 % (2019)
Value added % GDP 22.85 % (2018)
Agriculture Value added USD 71.89 B. (2018)
Crop Production Index 118.30 (2016)
Precipitation 494 mm (2014)
Arable Land 40 % (2016)
Cereal Yield 3,171 kg/hectare (2017)
Food production index 130 (2016)
Rural Population 63 % (2018)
Fertilizer use of Arable Land 144 kg/hectare (2016)
Livestock Production Index 137 (2016)
Economy of Pakistan

According to the World Bank and its latest published data, the economy of the Pakistan presents a growth rate of 5.83 % (2018) to the previous year.

With a population that reaches 212.22 M (2018) and a gross domestic product of USD 314.59 B. (2018), it translates a Gross Domestic Product per Capita of USD 1,482 placing its inhabitants on the threshold of an Lower middle income country (according to the World Bank's updated classification).

Pakistan also has a workforce of 75.14 M. (2019) with an unemployment rate of 3.02 % (2019), where women represent 5.60 % (2019) and men 4.16 % (2019), the unemployment rate for young people between 15-24 years old stood at 6.01 % (2019). The total number of dependent people stands at 65.52 % (2018).

The central government spent 11.71 % (2018) of its gross domestic product that year, which in absolute terms is USD 36.85 B. (2018). Its consolidated public debt reached 84.80 of its GDP, exceeding the 35% risk limit used by the European Union.

Regarding its international trade, Pakistan exported USD 27.66 B. (2018), which represents 8.79 % (2018) of its gross domestic product, in that same sense its imports reached USD 62.13 B. (2018) with a direct foreign investment of USD 2.35 B. (2018).

Pakistan has a forest area of 14,290 km² (2016), which represents 1.90 % (2016) of its total area, an average rainfall of 494 mm (2014) per year and a population of 63 % (2018) living in rural areas. With a total area of 368,440 km² (2016) available for agriculture and 41.37 % (2019) of its employments, the agricultural sector contributes to the economy of the Pakistan about USD 71.89 B. (2018) (22.85 % (2018) of its GDP).