Pakistan, an impoverished and underdeveloped country, has suffered from decades of internal political disputes and low levels of foreign investment. Between 2001-07, however, poverty levels decreased by 10%, as Islamabad steadily raised development spending. Between 2004-07, GDP growth in the 5-8% range was spurred by gains in the industrial and service sectors - despite severe electricity shortfalls - but growth slowed in 2008-09 and unemployment rose. Inflation remains the top concern among the public, jumping from 7.7% in 2007 to 20.8% in 2008, and 14.2% in 2009. In addition, the Pakistani rupee has depreciate... More..
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SOURCE: CIA - The World Factbook | |
Currency | Pakistani Rupee |
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Fiscal Year | 01 July - 30 June |
GDP (PPP) | $449.3 billion (2009 est.) |
GDP (per capita) | $2,600 (2009 est.) |
Exports | $17.87 billion (2009 est.) |
Imports | $28.31 billion (2009 est.) |
Main Industries | Textiles and Apparel, Food Processing, Pharmaceuticals, Construction Materials, Paper Products, Fertilizer, Shrimp |
Exports - Commodities | Textiles (Garments, Bed Linen, Cotton Cloth, Yarn), Rice, Leather Goods, Sports Goods, Chemicals, Manufactures, Carpets and Rugs |
Imports - Commodities | Petroleum, Petroleum Products, Machinery, Plastics, Transportation Equipment, Edible Oils, Paper and Paperboard, Iron and Steel, Tea |
Exports Partners | US 16.1%, UAE 11.7%, Afghanistan 8.6%, UK 4.5%, China 4.2% (2008) |
Imports Partners | China 14.3%, Saudi Arabia 12.2%, UAE 11.3%, Kuwait 5.5%, US 4.8%, Malaysia 4.1% (2008) |
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