Indicators of economy in Pakistan
The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.915 US Dollar per capita. In contrast, the GDP in Pakistan reached 1.189 US dollars per inhabitant, or 262.61 bn US Dollar in the whole country. Pakistan is therefore currently ranked 43 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Pakistan is in the list of the world's richest countries in place 145.Inflation in Pakistan was in 2021 at around 9.50%. Within the EU, the average in the same year was 2.62%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 74.2% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
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Impact of the Covid-19 pandemic in 2020
The consequences of the Covid pandemic were not insignificant in Pakistan 2020. Overall, gross domestic product in 2020 fell from 279.06 billion US Dollar auf 262.61 billion US Dollar. With a drop of 5.9 percent, the economy in Pakistan suffered more significant losses than other countries.. The tourism sector alone slumped by around 23 percent. The unemployment rate rose from 3.5 to 4.3 percent. The inflation rate has fallen from 10.6 percent previously to 9.7 percent by the end of 2020.Unemployment rates in percent 1991 - 2021
Economic performance 2020
Pakistan Total | Pakistan per capita | EU Total | EU per capita | |
---|---|---|---|---|
GDP | 262.61 bn USD | 1,188.86 USD | 15,291.93 tn USD | 29,692.11 USD |
Gross national product | 280.50 bn USD | 1,269.87 USD | 15,330.84 tn USD | 29,767.66 USD |
Development of the Gross domestic product in billion US Dollar 1960 - 2020
› Debt budget development
› Development of inflation
› Corruption in Pakistan
› Cost of living in a global comparison
› Development of inflation
› Corruption in Pakistan
› Cost of living in a global comparison
Im- and Exports 2021
Pakistan Total | Pakistan per capita | EU Total | EU per capita | |
---|---|---|---|---|
Imports | 51.08 bn USD | 231.22 USD | 7,340.01 bn USD | 14,251.98 USD |
Exports | 27.30 bn USD | 123.57 USD | 7,939.04 bn USD | 15,415.11 USD |
Development of imports and exports in billion US dollars 1976 - 2021
Exports
Imports