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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 2021 was at about 12.259 USD per capita. GDP in Pakistan, on the other hand, reached USD 1.538 per capita, or 346.34 billion USD in the whole country. Pakistan is therefore currently ranked 41 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 132.

Inflation in Pakistan was in 2021 at around 9.50%. Within the EU, the average in the same year was 2.55%. 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.


Back to overview: Pakistan

Impact of the Covid-19 pandemic

The consequences of the Covid pandemic were not insignificant in Pakistan 2020. Overall, gross domestic product in 2020 fell from 320.91 billion US Dollar auf 300.31 billion US Dollar. With a drop of 6.4 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 2021

 Pakistan
Total
Pakistan
per capita
EU
Total
EU
per capita
GDP346.34 bn USD1,537.94 USD17.09 tn USD33,228.68 USD
Gross national product338.86 bn USD1,504.73 USD16.78 tn USD32,621.03 USD


Development of the Gross domestic product in billion US Dollar 1960 - 2021



Im- and Exports 2021

 Pakistan
Total
Pakistan
per capita
EU
Total
EU
per capita
Imports76.39 bn USD339.22 USD8,916.24 bn USD17,337.55 USD
Exports35.57 bn USD157.93 USD9,554.34 bn USD18,578.33 USD


Development of imports and exports in billions of USD 1976 - 2021

Exports
Imports



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