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Home : Pakistan :
Economy Facts of Pakistan
MORE IN Pakistan
The world is passing through a tumultuous period ever since the dawn of the 90s, with no signs of re...

Population 141,553,775 (July 2000 est.)...

Located in Southern Asia, bordering the Arabian Sea, between India on the east and Iran and Afghanis...

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Economy - overview Pakistan is a developing, heavily populated country, with internal political disputes, lack of foreign investment, and a costly confrontation with neighboring India.

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GDP  purchasing power parity - $282 billion (1999 est.)

GDP - real growth rate  3.1% (1999 est.)

GDP - per capita  purchasing power parity - $2,000 (1999 est.)

GDP - composition by sector  agriculture:25.2%
industry:26.6%
services:48.2% (1998 est.)

Population below poverty line  34% (1991 est.)

Household income or consumption by percentage share  lowest 10%:4.1%
highest 10%:27.7% (1996)

Inflation rate (consumer prices)  6% (1999 est.)

Labor force  38.6 million (1999)
note:extensive export of labor, mostly to the Middle East, and use of child labor

Labor force - by occupation  agriculture 44%, industry 17%, services 39% (1999 est.)

Unemployment rate  7% (FY98/99 est.)

Budget  revenues:$10 billion
expenditures:$11.7 billion, including capital expenditures of $NA (FY98/99)

Industries  textiles, food processing, beverages, construction materials, clothing, paper products, shrimp

Industrial production growth rate  3.8% (1999 est.)

Electricity - production  59.262 billion kWh (1998)

Electricity - production by source  fossil fuel:63.05%
hydro:36.31%
nuclear:0.64%
other:0% (1998)

Electricity - consumption  55.114 billion kWh (1998)

Agriculture - products  cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs

Exports  $8.4 billion (f.o.b., 1999)

Exports - commodities  cotton, fabrics, and yarn, rice, other agricultural products

Exports - partners  US 22%, Hong Kong 7%, UK 7%, Germany 7%, UAE 5% (FY98/99)

Imports  $9.8 billion (f.o.b., 1999)

Imports - commodities  machinery, petroleum, petroleum products, chemicals, transportation equipment, edible oils, grains, pulses, flour

Imports - partners  US 8%, Japan 8%, Malaysia 7%, Saudi Arabia 7%, UAE 7% (FY98/99)

Currency  1 Pakistani rupee (PRe) = 100 paisa

Fiscal year  1 July - 30 June

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