Market Report - Pakistan

Pakistan

30.3753

69.3451

Background of Pakistan

The economy of Pakistan is the 24th largest in the world in terms of purchasing power parity (PPP), and 43rd largest in terms of nominal gross domestic product. Pakistan has a population of over 190 million (the world's 6th-largest), giving it a nominal GDP per capita of $1,429, which ranks 140th in the world. However, Pakistan's undocumented economy is estimated to be 36% of its overall economy, which is not taken into consideration when calculating per capita income. Pakistan is a developing country and is one of the Next Eleven, the eleven countries that, along with the BRICS, have a potential to become one of the world's large economies in the 21st century.

Population199,085,847

GDP per Capita (PPP)US$ $1,550 (2016)

Total Exports22,089 (US $ million) - 2016

Total Import43,990 (US $ million) - 2016

CurrencyPakistani Rupee