Pakistan
General Info
| Official Name | Islamic Republic of Pakistan |
| Area | 796,095 sq km |
| Arable as % of Total Land | 25 |
| Population | 156.8m |
| Main Cities | Islamabad (capital), Karachi, Lahore, Faisalabad |
| Climate | Subtropical, cold in highlands |
| Language | Urdu |
| Measures | Imperial system, changing to metric. |
| Currency | Rupee |
| Time | GMT+5 |
| Weekends | Thursday, Friday |
| Main Harbours | Karachi, Port Qasim |
| Main Airports | Karachi, Lahore, Peshawar, Quetta, Rawalpindi |
Location and Geography:
Pakistan is situated at the crossroads of the Middle East and South Asia. It is bordered by Iran and Afghanistan in the West, China in the North-east, India in the East, and the Indian Ocean in the South. There are six major regions: the North High Mountainous Region, the West Low Mountainous Region, the Balochistan Plateau, the Potohar Uplands, the Punjab and the Sindh Plains. As the country is located on a great landmass in the North of the Tropic of Cancer, it has a continental type of climate characterised by extreme variations of temperature, both seasonally and daily. Very high altitudes moderate the climate in the snow-covered Northern mountains.
II. Economic Indicators
| 2003 | 2004 | 2005 | 2006 | 2007 | |
| GDP | |||||
| Nominal GDP (US$bn) | 83.3 | 98.0 | 109.9 | 126.8 | 142.9 |
| Real GDP Growth (%) | 4.8 | 7.4 | 7.7 | 6.9 | 6.4 |
| Origin of GDP (%real change) | |||||
| Agriculture | 4.1 | 2.4 | 6.5 | 1.6 | 5.0 |
| Industry | 4.2 | 16.3 | 12.1 | 5.0 | 6.8 |
| Services | 5.2 | 5.8 | 8.5 | 9.6 | 8.0 |
| GDP per capita (US$ at PPP) | 1,872 | 2,026 | 2,153 | 2,332 | 2,497 |
| Recorded unemployment (av; %) | 8.3 | 7.7 | 7.7 | 7.7 | 7.5 |
| Prices and financial indicators | |||||
| Exchange Rates PRs:US$ (end-period) | 57.22 | 59.12 | 59.83 | 60.92 | 61.22 |
| Consumer Prices (end period; % change) | 5.4 | 7.4 | 8.5 | 9.4 | 9.9 |
| Lending interest rate (av; %) | 7.6 | 5.0 | 8.2 | 9.9 | 10.9 |
| Current Account (US$m) | |||||
| Trade Balance | -109 | -3,396 | -6,340 | -9,647 | -14,021 |
| Goods:exports fob | 11,869 | 13,297 | 15,433 | 17,049 | 16,305 |
| Goods: imports cif | -11,978 | -16,693 | -21,773 | -26,696 | -30,326 |
| Services Balance | -326 | -2,584 | -3,830 | -4,912 | -5,259 |
| Income Balance | -2,224 | -2,363 | -2,514 | -3,131 | -3,374 |
| Current-account balance | 3,573 | -817 | -3,605 | -6,750 | -10,325 |
| External Debt (US$m) | |||||
| Debt stock | 35,741 | 35,547 | 33,173 | 35,909 | 39,229 |
| Debt service paid | 3,078 | 4,266 | 2,425 | 2,281 | 3,761 |
| Interest | 848 | 747 | 727 | 854 | 1,067 |
| Total International Reserves (US$m) | 11,674 | 10,616 | 10,948 | 12,816 | 15,689 |
III. Trade Figures
a.
|
2002 |
2003 |
2004 |
2005 |
2006 |
|
| Goods:exports fob |
11,869 |
13,297 |
15,433 |
17,049 |
16,305 |
| Goods: imports cif |
-11,978 |
-16,693 |
-21,773 |
-26,696 |
-30,326 |
| Trade Balance |
-109 |
-3,396 |
-6,340 |
-9,647 |
-14,021 |
| Trade Volume |
23,847 |
29,990 |
37,206 |
43,745 |
46,631 |
b.
| Main trading partners % of total | 2002 | 2003 | 2004 | 2005 | 2006 |
| Exports fob | |||||
| United States |
24.4 |
23.1 |
23.3 |
24.8 |
21.3 |
| United Arap Emirates |
8.4 |
9.4 |
7.3 |
7.8 |
9.2 |
| Afghanistan |
2.3 |
3.4 |
3.5 |
6.6 |
7.8 |
| China |
2.4 |
2.2 |
2.2 |
2.7 |
5.4 |
| Imports cif |
|
||||
| China |
6.2 |
7.3 |
8.4 |
9.3 |
15.6 |
| Saudi Arabia |
11.7 |
10.9 |
11.5 |
11.1 |
11.9 |
| United Arab Emirates |
11.7 |
11.2 |
9.9 |
10.3 |
11.0 |
| United States |
6.4 |
6.0 |
9.6 |
6.0 |
7.3 |
c.
| Main composition of trade | 2002 | 2003 | 2004 | 2005 | 2006 |
| Exports fob | |||||
| Cotton fabrics |
1,160 |
1,360 |
1,690 |
1,858 |
2,092 |
| Cotton yarn & thread |
957 |
940 |
1,112 |
1,055 |
1,373 |
| Rice |
461 |
561 |
626 |
930 |
1,149 |
| Raw cotton |
25 |
49 |
47 |
110 |
67 |
| Total exports incl. others |
9,913 |
11,869 |
13,297 |
15,433 |
17,049 |
| Imports cif |
|
||||
| Machines & transport equipment |
2,265 |
2,965 |
4,086 |
5,908 |
8,265 |
| Mineral fuels, etc |
2,951 |
3,187 |
3,287 |
4,285 |
6,867 |
| Chemicals |
1,925 |
2,276 |
2,763 |
3,595 |
4,151 |
| Palm oil |
488 |
675 |
780 |
857 |
834 |
| Total importas incl. others |
11,233 |
11,978 |
16,693 |
21,773 |
26,696 |
IV. Others
Industry
Main industries of country
Textiles and apparel, food processing, pharmaceuticals, construction materials, paper products, fertilizer, shrimp
Agrıculture
Cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs
Pakistan’s economy relies heavily on agriculture which employs half of the workforce and generates, directly or indirectly, more than half of the export revenues. The main agricultural products are cotton, wheat, rice, sugarcane, fruits, vegetables, milk, beef, and eggs. Husbandry provides both domestically consumed and exported goods such as meat and dairy products, wool for the carpet industry, and hides and skins for the leather industry. Pakistan is one of the major cotton exporters in Asia. Natural resources include land, extensive natural gas reserves, limited crude oil, coal, iron ore, copper, salt and limestone. Coal mining is one of the country’s oldest industries. Major manufacturing industries include textiles, food processing, cement, sugar, electrical appliances, fertilisers, sports equipment and tobacco.


















