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Economy of Pakistan

Economy of Pakistan
Karachi Clifton Skyline.JPG
Karachi, the financial centre of Pakistan
Currency

Pakistani rupee (PKR) Rs.1 = 100 Paisas

1 USD = 104.8PKR (December 2016)
1 July – 30 June
Trade organisations
ECO, SAFTA, ASEAN, WIPO and WTO
Statistics
GDP $284 billion (nominal, 2016)
$988 billion (PPP, 2016)
GDP rank 24th (PPP)
43th (nominal)
GDP growth
4.71% (2015-16)
GDP per capita

$1,474 (nominal; 140th;2016)

$5,120 (PPP; 133th; 2016)
GDP by sector
agriculture: 25.1%, industry: 20%, services: 54.9% (2015 est.)
3.8% (november 2016)
Population below poverty line
21% (2013)
Labour force
57.60 million (2014–15)
Labour force by occupation
agriculture: 43%, []: 15.2%, manufacturing: 13.3%, wholesale and retail: 9.2%, transport and communication: 7.3% (2012–13)
Unemployment 6.5% (2015 est.)
Main industries
textiles and apparel, food processing, pharmaceuticals, construction materials, chemicals, cement, mining, machinery, steel, engineering, software and hardware, automobiles, motorcycle and auto parts, electronics, paper products, fertiliser, shrimp, defence products, shipbuilding
144th (2017)
External
Exports Total $30 billion (2014-15 est.), Goods $24.131 billion, Services $5.741 billion
Export goods
Textiles ($13,653 million)
Vegetable Products ($3,094 million)
Mineral ($1,698 million)
Leather ($1,237 million)
Food and Beverages ($956 million)
Animal Farming ($756 million)
Manufactured Items ($571 million)
Metals ($531 million)
Plastic ($505 million)
Chemical ($489 million)
Main export partners
 United States 13.3%
 China 10.9%
 United Arab Emirates 8.6%
 Afghanistan 8.5%
 Germany 5.1%
Imports Total $50.123 billion (2014-15 est.), Goods $41.280 billion, Services $8.843 billion
Import goods
Food $4.15 billion
Machinery $5.05 billion
Transport Vehicles $1.66 billion
Textile $2.29 billion
Fertilizers and other chemicals $6.86 billion
Raw metal $2.7 billion
Refined Petroleum $9.02 billion
Crude Petroleum=$5.75 billion
Main import partners

 China 17%
 United Arab Emirates 15%
 Kuwait 8.8% (2012 est.)
 Saudi Arabia 8.5%
 Malaysia 4.8%

Public finances
61.8% of GDP (2014–15)
Revenues Increase15.75% of GDP, Pkr 4.694 trillion or $45 billion
Expenses Increase19.83% of GDP, Pkr 5.915 trillion or $57 billion
Standard & Poor's:
B (Domestic)
B (Foreign)
B (T&C Assessment)
Outlook: Positive
Moody's:
B2
Outlook: Stable
Foreign reserves
Decrease $23,294.8million(December 2016)
Main data source: CIA World Fact Book
All values, unless otherwise stated, are in US dollars.

Pakistani rupee (PKR) Rs.1 = 100 Paisas

$1,474 (nominal; 140th;2016)

 China 17%
 United Arab Emirates 15%
 Kuwait 8.8% (2012 est.)
 Saudi Arabia 8.5%
 Malaysia 4.8%


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