Pakistan GDP Data & Country Report

Pakistan Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Pakistan; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

State Bank of Pakistan

International Reserves

US$ 17.256 billion (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 202.831 billion (2010 estimate)

GDP (Purchasing Power Parity)

482.913 billion of International dollars (2010 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
4.3%	1.9%	3.2%	4.9%	7.4%	7.7%	6.1%	5.6%
2008	2009	2010	2011*
1.6%	3.4%	4.8%	2.8%

*Estimate

GDP per capita - current prices

US$ 1,197 (2008 estimate)

GDP per capita - PPP

$2,851 International Dollars (2008 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0.43%	0.58%	0.58%	0.63%	0.63%

**Forecast

GDP - composition by sector

agriculture: 20.8%
industry: 24.3%
services: 54.9% (2009 estimate)

(Data released on November 2010)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
12%(2008)	20.8%	11.7%	15.5%

*Estimate

Unemployment rate

2008	2009	2010	2011*
6.2%	6.2%	6.2%(2009)	6.2%

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
54.7%	58.7%	57.3%	56.8%	54.1%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-5.5%	-7.3%	-4.9%	-6.2%	-3.6%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: B-/Stable/C

Moody's rating: B3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
US$70.262 billion	US$23.491 billion	US$33.239 billion

Largest companies in Pakistan

Oil & Gas Development (Oil & Gas Operations)
(2011)

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -3.1 billion (2010 estimate)(After 2008)

Current account balance by percentage of GDP

-1.5% of GDP (2010 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

14.1% (2009)

(Data released on December 2010)

Shares in world total merchandising export

0.14%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0.08%(2007)

(Data were released in Nov 2011 and refer to 2010)

Total exports

US$20.29 billion f.o.b. (2010 estimate)

Export commodities

textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods, chemicals, manufactures, carpets and rugs

Total imports

US$35.38 billion f.o.b. (2008 estimate)

Import commodities

petroleum, petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel, tea

Exports - major partners

US 18%, UAE 10.4%, Afghanistan 8.4%, China 5.2%, UK 4.7% (2007)

Imports - major partners

China 16.2%, Saudi Arabia 10.9%, UAE 10.1%, US 5.7%, Kuwait 4.9%, Japan 4.4% (2007)

FDI inflows

2008	2009	2010
US$5,438 million	US$2,338 million(2009)	US$2,016 million(2009)

FDI outflows

2008	2009	2010
US$49 million	US$71 million	US$46 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	US$15 million(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 83 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 85 out of 183 countries(2009)

Registering property: 126 out of 183 countries

Paying Taxes: 145 out of 183 countries

Getting credit: 65 out of 183 countries

Protecting investors: 28 out of 183 countries

Trading across border: 81 out of 183 countries

Enforcing Contracts: 155 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

118

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 123 Score: 55.1 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC+5

Total area

796,095 km² (2006)

Capital

Islamabad (2009)

Currency

Pakistani rupees (PKR) (2009)

Government type

federal republic (2009)

Languages

Punjabi 48%, Sindhi 12%, Siraiki (a Punjabi variant) 10%, Pashtu 8%, Urdu (official) 8%, Balochi 3%, Hindko 2%, Brahui 1%, English (official; lingua franca of Pakistani elite and most government ministries), Burushaski and other 8%

Religions

Muslim 95% (Sunni 75%, Shia 20%), other (includes Christian and Hindu) 5%

Total population

1980	1990	2000	2010*	2015**
82.43 million	108.4 million	137.53 million	166.58 million	180.54 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
22.1%	28.1%	33.2%	36.6%

Population median age

21.0 years (2006)

Population growth rate

2.1% (2009)

Life expectancy

65 years (2007)

Adult literacy

55% (2000/2007)

% of population living on less than $2 a day

60.98% (2011)

Inequality of wealth distribution (Gini index)

32.7 (2006)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:5 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

61.18% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

16.78% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Islamabad: 209th (2011)

CO2 emissions
(Metric tons of CO2 per capita)

0.9222 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

WORLD'S BEST FOREIGN EXCHANGE BANKS

2010:

COUNTRY WINNERS Standard Chartered Bank (National, 2010)

2009:

COUNTRY WINNERS Habib Bank (National, 2009)

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2011:

COUNTRY WINNERS Habib Bank (National, 2011)

2010:

COUNTRY WINNERS Habib Bank (National, 2010)

2009:

COUNTRY WINNERS Habib Bank (National, 2009)

WORLD'S BEST INTERNET BANKS

2011:

COUNTRY WINNERS / Best Consumer Internet Banks Standard Chartered (National, 2011)
COUNTRY WINNERS /Best Corporate / Institutional Internet Banks Citi (National, 2011)

2010:

COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (National, 2010)

2009:

COUNTRY WINNERS / Best Consumer Internet Banks Citi (2009)
COUNTRY WINNERS / Best Corporate/Institutional Internet Banks Citi (2009)

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2011:

COUNTRY WINNERS Meezan Bank (National, 2011)

2010:

COUNTRY WINNERS Meezan Bank (National, 2010)

2009:

COUNTRY WINNERS Meezan Bank (National, 2009)

WORLD'S BEST EMERGING MARKET BANKS

2011:

COUNTRY WINNERS National Bank of Pakistan (National, 2011)

2010:

COUNTRY WINNERS Habib Bank (National, 2010)

2009:

COUNTRY WINNERS Habib Bank (National, 2009)

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011:

COUNTRY WINNERS Standard Chartered Bank (National, 2011)
COUNTRY WINNERS Standard Chartered (National, 2011)

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Pakistan GDP Data & Country Report | Global Finance

WORLD'S BEST FOREIGN EXCHANGE BANKS

2010:

2009:

WORLD'S BEST TRADE FINANCE BANKS & PROVIDERS

2011:

2010:

2009:

WORLD'S BEST INTERNET BANKS

2011:

2010:

2009:

WORLD'S BEST ISLAMIC FINANCE INSTITUTIONS

2011:

2010:

2009:

WORLD'S BEST EMERGING MARKET BANKS

2011:

2010:

2009:

WORLD'S BEST FOREIGN EXCHANGE PROVIDERS

2011: