Pakistan



About Pakistan

Pakistan is the  5th most populous country of Asia and 147th in the world with a population exceeding 207.77 million people. In terms of area, it is the 33rd-largest country spanning 881,913 square kilometers. The Pakistani economy is the 24th-largest in the world in terms of purchasing power and the 41st-largest in terms of nominal GDP and has crossed $ 1trillion in terms of PPP in 2017. The World Bank predicts Pakistan's economic growth to increase to a 5.4% due to greater inflow of foreign investment by the end of 2018.

Pakistan is the 66th largest export economy in the world and the 87th most complex economy according to the Economic Complexity Index (ECI), Pakistan exported $26.2B and imported $45.5B, resulting in a negative trade balance of $19.3B. The GDP of Pakistan was $271B and its GDP per capita was $5.01k.

Highways form the backbone of Pakistan's transport system with a total road length of 263,942 kilometers. The Pakistan Railways have an estimated 7791 kilometer of rail track and is expected to use the rail service to boost foreign trade with China, Iran and Turkey. There are an estimated 139 airports and airfields in Pakistan and its port infrastructure increased to 4.1% in 2016. Textiles account for most of Pakistan's export earnings.

Pakistan is one of the ten emerging economies with a particular focus on of its manufacturing hub.