pakistan economy

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The economy of Pakistan is the 26th largest in the world in terms of purchasing power parity (PPP), and 44th largest in terms of nominal GDP even though the country is sixth most populous in the world.
Published Date : 12/25/2014
By :PK Mart

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The economy of Pakistan is the 26th largest in the world in terms of purchasing power parity (PPP), and 44th largest in terms of nominal GDP even though the country is sixth most populous in the world. As Pakistan has a population of over 186 million (the world's 6th-largest), thus GDP per capita is $3,149 ranking 140th in the world. 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.However, after decades of war and social instability, as of 2013, serious deficiencies in basic services such as railway transportation and electric power generation had developed.The economy is semi-industrialized, with centres of growth along the Indus River. Primary export commodities include textiles, leather goods, sports goods, chemicals and carpets and Rugs.

 

Recent decades

This is a chart of trend of gross domestic product of Pakistan at market prices estimated by the International Monetary Fund with figures in millions of Pakistani Rupees

 

YearGross Domestic ProductUS Dollar ExchangeInflation Index
(2000=100)
Per Capita Income
(as % of USA)
1960 20,058 4.76 Pakistani Rupees   3.37
1965 31,740 4.76 Pakistani Rupees   3.40
1970 51,355 4.76 Pakistani Rupees   3.26
1975 131,330 9.91 Pakistani Rupees   2.36
1978 283,460 9.97 Pakistani Rupees 21 2.83
1985 569,114 16.28 Pakistani Rupees 30 2.07
1990 1,029,093 21.41 Pakistani Rupees 41 1.92
1995 2,268,461 30.62 Pakistani Rupees 68 2.16
2000 3,826,111 51.64 Pakistani Rupees 100 1.54
2005 6,581,103 59.86 Pakistani Rupees 126 1.71
2014   100.55 Pakistani Rupees 195

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