Pakistan Economy

Pakistan has a population of 205 million and a land area 340,509 square miles. Labor force is 61 million. Inflation is 7.2%.Labor force by sector is agriculture 42%, services 35%, industry 23%.

Pakistan has a Nominal GDP of $277 billion and GDP growth at 5.2%. Nominal per capita GDP is $1,641. GDP by sector includes agriculture 19%, industry 21%, services 60%.

Main industries include textiles, apparel, food processing, pharmaceuticals, construction, materials, chemicals, cement, mining, machinery, steel, engineering, software, hardware, automobiles, motorcycles, auto parts, electronics, paper, fertilizer, shrimp, defense, shipbuilding. Ease of doing business is 136^th.

Exports are $25 billion in textiles $13.3B, food $4.8B, oil $575M, manufacturing $4M and other $1.4M sold to US 15.6%, UK 7.1%, China 7%, Afghanistan 6%, UAE 5.6%, Germany 5.5%, Bangladesh 2.9%.

Imports are $56 billion in food $5.5B, machinery $8.8B, vehicles $3.2B, textiles $4.1B, agriculture and chemicals $8.36B, metal $4.8B, other $10B from China 20.5%, UAE 16%, Indonesia 8%. Saudi Arabia 5.5%, US 3.7%, Japan 3.4%.

Government revenues $48 billion, spending $68 billion, Debt to GDP 66%, foreign reserves $13 billion.

https://en.wikipedia.org/wiki/Economy_of_Pakistan

Norb Leahy, Dunwoody GA Tea Party Leader