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The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 46th largest in terms of nominal GDP. With a population of 241.5 million people as of 2023, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
Pakistani economic crisis (2022–present) Pakistan has experienced an ongoing economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. The Russian invasion of Ukraine has caused fuel prices to rise worldwide.
Economic history of Pakistan. Since independence in 1947, the economy of Pakistan has emerged as a semi- industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. Pakistan's GDP growth has been gradually on the rise since 2012 and the country has made ...
The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 billion programme, which helped stave off a sovereign debt default.
Pakistan's political history since independence has been characterized by periods of significant economic and military growth as well as those of political and economic instability. It is an ethnically and linguistically diverse country, with similarly diverse geography and wildlife .
1,030 km. Highest Point. 2/248 (official territory) K2 is the second highest peak in the world. Mountain peaks over 7,200 meters above sea level. 2nd (official territories) List of highest mountains on Earth. Pakistan has 42 mountain peaks which are over 7,200 metres (23,622 ft) above sea level. Forest area.
The 2022-23 Pakistani economic crisis is an ongoing economic crisis and part of 2022 political unrest in Pakistan. It has caused severe economic challenges for months due to which food, gas and oil prices have risen.
Poverty in Pakistan. Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [1] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [2] set at Rs. 3030 (US$10) per month.