Pakistan Economic Statistics and Indicators
30, Aug 2015, EDT. Welcome to the Pakistan economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Pakistan › Change country
National or Regional Currency: Pakistani Rupee, PKR
Year of data: 2014 › Change year
Number of Indicators Listed: 34
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 196,174,380 (July 2014 est.)
Area: total: 796,095 sq km ; land: 770,875 sq km ; water: 25,220 sq km
Natural Resources: land, extensive natural gas reserves, limited petroleum, poor quality coal, iron ore, copper, salt, limestone
Capital: name: Islamabad ; geographic coordinates: 33 41 N, 73 03 E ; time difference: UTC+5 (10 hours ahead of Washington, DC, during Standard Time)
Decades of internal political disputes and low levels of foreign investment have led to slow growth and underdevelopment in Pakistan. Agriculture accounts for more than one-fifth of output and two-fifths of employment. Textiles account for most of Pakistan's export earnings, and Pakistan's failure to expand a viable export base for other manufactures has left the country vulnerable to shifts in world demand. Official unemployment was 6.6% in 2013, but this fails to capture the true picture, because much of the economy is informal and underemployment remains high. Over the past few years, low growth and high inflation, led by a spurt in food prices, have increased the amount of poverty. As a result of political and economic instability, the Pakistani rupee has depreciated more than 40% since 2007. The government agreed to an International Monetary Fund Standby Arrangement in November 2008 in response to a balance of payments crisis. Although the economy has stabilized since the crisis, it has failed to recover. Foreign investment has not returned, due to investor concerns related to governance, energy, security, and a slow-down in the global economy. Remittances from overseas workers, averaging about $1 billion a month since March 2011, remain a bright spot for Pakistan. However, after a small current account surplus in fiscal year 2011 (July 2010/June 2011), Pakistan's current account turned to deficit in the following two years, spurred by higher prices for imported oil and lower prices for exported cotton. Pakistan remains stuck in a low-income, low-growth trap, with growth averaging about 3.5% per year from 2008 to 2013. Pakistan must address long standing issues related to government revenues and energy production in order to spur the amount of economic growth that will be necessary to employ its growing and rapidly urbanizing population, more than half of which is under 22. Other long term challenges include expanding investment in education and healthcare, adapting to the effects of climate change and natural disasters, and reducing dependence on foreign donors.
More on the Pakistan Economy
More on the Pakistan Export, Import and Trade
GDP (Constant Prices, National Currency) for Pakistan in year 2014 is PKR 10,226.66 Billion.
GDP (Current Prices, National Currency) for Pakistan in year 2014 is PKR 25,401.90 Billion.
GDP (Current Prices, US Dollars) for Pakistan in year 2014 is US$ n/a Billion.
GDP Deflator for Pakistan in year 2014 is 248.389 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Current Prices, National Currency) for Pakistan in year 2014 is PKR 136,357.35 .
GDP (PPP), US Dollars for Pakistan in year 2014 is US$ 884.204 Billion.
GDP Per Capita (PPP), US Dollars for Pakistan in year 2014 is US$ 4,746.41 .
Investment (% of GDP) for Pakistan in year 2014 is 13.99 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Pakistan in year 2014 is 189.579 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Pakistan in year 2014 is 194.74 (Index, Base Year 2000 = 100).
Population for Pakistan in year 2014 is 186.289 Million .
General government revenue (National Currency) for Pakistan in year 2014 is PKR 3,831.01 Billions.
General government total expenditure (National Currency) for Pakistan in year 2014 is PKR 5,026.94 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Pakistan in year 2014 is PKR -1,195.93 Billions.
Fiscal Year Gross Domestic Product, Current Prices for Pakistan in year 2014 is PKR 25,401.90 Billions.
Current Account Balance (US Dollars) for Pakistan in year 2014 is US$ n/a Billion.
|Number of Internet Users for Pakistan|
|Internet Penetration Rate for Pakistan|
|Number of Facebook Accounts for Pakistan|
|Facebook Penetration Rate for Pakistan|
|Corruption Perceptions Index Rank and Score for Pakistan|
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International