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Indicators of economy in Pakistan

The essential economic performance of a country is reflected by the gross domestic product, the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12,230 USD per capita. GDP in Pakistan, on the other hand, reached USD 1,505 per capita, or 348.26 billion USD for the whole country. Pakistan is therefore currently ranked 42 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Pakistan ranks 142nd in the list of the richest countries.

Inflation in Pakistan in 2021 was around 9.50%. Within the EU, the average in the same year was 2.55 percent. In the United States, it was most recently 4.70%.

Compared with the USA, prices for daily consumer goods are around 74.2 percent lower.
The index for perceived corruption in the public sector is 28, which is rather poor by global standards.


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 dollars to 300.43 billion US dollars. 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 fell from 10.6 percent previously to 9.7 percent by the end of 2020.

Unemployment rates in percentages 1991 - 2021

Economic performance 2021

 Pakistan
Total
Pakistan
per capita
EU
Total
EU
per capita
GDP348.26 bn USD1,505.01 USD17.177 tn USD33,384.92 USD
Gross national product340.81 bn USD1,472.80 USD16.895 tn USD32,835.37 USD


Development of gross domestic product in billions of USD 1960 - 2021



Imports and Exports 2021

 Pakistan
Total
Pakistan
per capita
EU
Total
EU
per capita
Imports76.39 bn USD330.13 USD8.916 tn USD17,329.02 USD
Exports35.57 bn USD153.70 USD9.554 tn USD18,569.19 USD


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

Exports
Imports



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