Pakistan at a glance

GENERAL INFORMATION

Capital City

Major Cities (Population)

Islamabad (1.13 million)

Karachi (16.10 million), Lahore (12.31 million)

Land Area 796,096 sq.km
Geography Located in the northwestern part of the South Asian subcontinent, bordered by Iran on the west, Afghanistan on the northwest, China on the northeast, India on the east, and the Arabian Sea on the south.
The Coastline 1,046km
Climate Four seasons: Summer (April-July; hot with extreme temperature up-to 50 degree Celsius), monsoon (August-September), Autumn (October-November) and Winter (December-March). The coastal area: generally warm or hot all year-round. The regions in the north: snow in winter. The climate varies according to location.

Population

Growth Rate

211.17 million - Workforce population: 65.50 million (FY 2019)

1.94% (FY 2019)

Language

Urdu – National,

English – Official and is widely spoken as a business language.

Other local languages: Punjabi, Sindhi, Pashto, Siraiki, Balochi, Brahui

Literacy Rate 60% (2018-19)
Fiscal Year 1st July- 30th June
Time GMT+5
Code for International Call +92

Source: Pakistan Economic Survey (ESP) 2019-20, Ministry of Finance (MOF), Ministry of Interior (MOI), Pakistan Bureau of Statistics (PBS)

MACROECONOMICS

Indicators FY2020 (October, 2020)
GDP* (million PKR) (million US$) 41,726,683 256,795 (1US$=PKR162.49)
GDP per Capita (US$) 1,355
GDP Growth Rate* (-) 0.38%
Inflation Rate* 10.7% (6.8%; FY2019)
FDI* Net (million US$) 2,561.2
Investment to GDP Ratio 15.4%

*=Projected Sources: ESP, 2019-20., MOF, SBP

TRADE

Exports (2019/20) 22,507 million US$
Major Items 1 Textile & Textile Articles 57.1%
2 Vegetable Products 14.7%
3 Mineral Products 4.4%
4 Prepared Foodstuffs; Beverages, Spirits, Vinegar and Tobacco 3.7%
5 Live Animals and Animals Products 3.6%
Major Partner Countries 1 United States of America 17.3%
2 China 7.4%
3 United Kingdom 7.3%
4 Germany 5.8%
5 United Arab Emirates 5.7%

 

Imports(2019/20) 42,417 million US$
Major Items 1 Mineral Products 25%
2 Machinery and Mechanical Appliances 14.1%
3 Products of Chemical and Allied Industries 12.1%
4 Textile and Textile Articles 7.9%
5 Base Metals and Articles of Base Metals 7.6%
Major Partner Countries 1 China 22.6%
2 United Arab Emirates 10.6%
3 Singapore 5.6%
4 United States of America 5.3%
5 Qatar 3.8%

 

FOREIGN DIRECT INVESTMENT

Net FDI(2019/20) 2,561.2 million US$
Major Sectors 1 Power 29.8% (764.3 m.)
2 Communication (IT & Telecom) 24.3% (622.5 m.)
3 Oil & Gas 12.2% (311.4 m.)
4 Financial Business 10.7% (273.8 m.)
5 Textile 1.47% (37.7 m.)
Major Partner Countries 1 China 33.0% (844.1 m.)
2 Hong Kong (China) 7.45% (190.7 m.)
3 Netherlands 5.2% (133.2 m.)
4 United Kingdom 4.58% (117.3 m.)
5 United States of America 3.79% (97.2 m.)