Pakistan GDP (Gross Domestic Product)

Pakistan Country Overview

The Pakistan gdp is discussing today’s topic. Its official name is the Islamic Republic of Pakistan. It is located in South Asia. It is the fifth most populous country in the world. It is the second-largest Muslim population country in the world.

Its capital name is Islamabad and its largest and commercial port city name is Karachi. Its official languages are Urdu and English. Its regional languages are Punjabi, Pashto, Sindhi, Sariki, Balochi Hindko, and others.

When we talk about Ethnic groups in Pakistan, so Punjabis: 45%, Pashtuns: 15%, Sindhis: 14%, Saraikis: 8%, and others. In religion, 96% are Muslims, 2% are Hindus, 1% are Christianity and others.

When we talk about its government system, so Pakistan is a Federal parliamentary constitutional republic. Its president’s name is Arif Alvi. Its prime minister’s name is Imran Khan.

Its Chairman of the senate name is Sadiq Sanjrani. Its speaker of the national assembly name is Asad Qaisar. Pakistan’s Chief justice name is Gulzar Ahmad. Pakistan’s legislature name is parliament.

Its parliament has two houses, the Upper house, and the Lower house. The upper house is called Senate and its Lower house name is the National assembly. Pakistan’s total population is 225,199,900 in the year 2021. Its population density is 244/km2.

Pakistan’s Economy Overview

The inflation rate in Pakistan is 8.5% in the year 2021. The unemployment rate in Pakistan is 4.5% in the year 2020. When we talk about its population below the poverty line, so 35% population lives below the poverty line. Pakistan’s Humen Development Index rate is 0.557 in the year 2019. Its HDI world rank is 154th which is considered very low in the world.

The total Labour force in Pakistan is 75,862,540. When we talk about its Labour force by occupation, so Agriculture: 37%, industry: 24% and services are 38%. Pakistan’s gross external debt is $122 billion in the year 2021. Pakistan’s total Foreign reserves are $27 billion in the year 2021.

Pakistan GDP

The Pakistan’s total GDP (Gross Domestic Product) is $260 billion (nominal) and $1.3 billion (PPP) in the year 2021. Its GDP rank is 46th (nominal) and 22nd (PPP) in the year 2021. Its GDP growth rate is 3.9% in the year 2021 which is considered a low growth rate.

Pakistan’s GDP per capita is $1,260 (nominal) and $5,220 (PPP) in the year 2021. Pakistan’s GDP per capita is considered the lowest in the world as well as in South Asian countries.

Pakistan’s GDP per capita rank is 181st (nominal) and 114th (PPP) in the year 2021. When we talk about its GDP by sector, so we see that Agriculture: 19%, industry: 19% and services are 62%.

Exports

Pakistan’s total exports are $25 billion in the year 2021. Pakistan’s main export goods are Textiles, food, chemicals, sports goods, petroleum etc. Its main export partners are the United States, China, United Kingdom, Germany, United Arab Emirates, Afghanistan, etc.

Imports

Pakistan’s total imports are $53 billion in the year 2021. Its main import partners are China, United Arab Emirates, Singapore, Japan, Indonesia, etc.

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