Comparison of Pakistan and India Economy:
Pakistan Economy GDP (purchasing power parity): $427.3 billion (2008 est.) country comparison to the world: 28 $416 billion (2007 est.) $392.5 billion (2006 est.) note: data are in 2008 US dollars GDP (official exchange rate): $167.6 billion (2008 est.) GDP - real growth rate: 2.7% (2008 est.) country comparison to the world: 140 6% (2007 est.) 6% (2006 est.) GDP - per capita (PPP): $2,500 (2008 est.) country comparison to the world: 173 $2,500 (2007 est.) $2,400 (2006 est.) note: data are in 2008 US dollars GDP - composition by sector: agriculture: 20.4% industry: 26.6% services: 53% (2008 est.) Labor force: 50.58 million country comparison to the world: 11 note: extensive export of labor, mostly to the Middle East, and use of child labor (2008 est.) Labor force - by occupation: agriculture: 43% industry: 20.3% services: 36.6% (2005 est.) Unemployment rate: 7.4% (2008 est.) country comparison to the world: 93 5.6% (2007 est.) note: substantial underemployment exists Population below poverty line: 24% (FY05/06 est.) Household income or consumption by percentage share: lowest 10%: 3.9% highest 10%: 26.5% (2005) Distribution of family income - Gini index: 30.6 (FY07/08) country comparison to the world: 110 41 (FY98/99) Investment (gross fixed): 20% of GDP (2008 est.) country comparison to the world: 110 Budget: revenues: $22.3 billion expenditures: $32.35 billion (2008 est.) Public debt: 49.8% of GDP (2008 est.) country comparison to the world: 36 71.4% of GDP (2004 est.) Inflation rate (consumer prices): 20.3% (2008 est.) country comparison to the world: 205 7.6% (2007 est.) Central bank discount rate: 15% (31 December 2008) country comparison to the world: 42 10% (31 December 2007) Stock of money: $NA (31 December 2008) country comparison to the world: 24 $52.76 billion (31 December 2007) Stock of quasi money: $NA (31 December 2008) country comparison to the world: 51 $18.42 billion (31 December 2007) Stock of domestic credit: $NA (31 December 2008) country comparison to the world: 53 $65.05 billion (31 December 2007) Market value of publicly traded shares: $23.49 billion (31 December 2008) country comparison to the world: 54 $70.26 billion (31 December 2007) $45.52 billion (31 December 2006) Agriculture - products: cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs Industries: textiles and apparel, food processing, pharmaceuticals, construction materials, paper products, fertilizer, shrimp Industrial production growth rate: 4.6% (2008 est.) country comparison to the world: 56 Electricity - production: 90.8 billion kWh (2007 est.) country comparison to the world: 33 Electricity - consumption: 72.2 billion kWh (2007 est.) country comparison to the world: 35 Electricity - exports: 0 kWh (2008 est.) Electricity - imports: 0 kWh (2008 est.) Oil - production: 61,870 bbl/day (2008 est.) country comparison to the world: 59 Oil - consumption: 383,000 bbl/day (2008 est.) country comparison to the world: 35 Oil - exports: 30,090 bbl/day (2007 est.) country comparison to the world: 86 Oil - imports: 319,500 bbl/day (2007 est.) country comparison to the world: 34 Oil - proved reserves: 339 million bbl (1 January 2009 est.) country comparison to the world: 53 Natural gas - production: 37.5 billion cu m (2008 est.) country comparison to the world: 23 Natural gas - consumption: 37.5 billion cu m (2008 est.) country comparison to the world: 21 Natural gas - exports: 0 cu m (2008) country comparison to the world: 134 Natural gas - imports: 0 cu m (2008 est.) country comparison to the world: 99 Natural gas - proved reserves: 885.3 billion cu m (1 January 2009 est.) country comparison to the world: 26 Current account balance: $-14.99 billion (2008 est.) country comparison to the world: 175 $-8.297 billion (2007 est.) Exports: $21.9 billion (2008 est.) country comparison to the world: 70 $18.12 billion (2007 est.) Exports - commodities: textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods, chemicals, manufactures, carpets and rugs Exports - partners: US 16%, UAE 11.7%, Afghanistan 8.6%, UK 4.4%, China 4.4% (2008) Imports: $38.3 billion (2008 est.) country comparison to the world: 58 $28.76 billion (2007 est.) Imports - commodities: petroleum, petroleum products, machinery, plastics, transportation equipment, edible oils, paper and paperboard, iron and steel, tea Imports - partners: China 15.4%, Saudi Arabia 12.2%, UAE 11.3%, Kuwait 5.5%, US 4.8% (2008) Reserves of foreign exchange and gold: $8.903 billion (31 December 2008 est.) country comparison to the world: 69 $15.69 billion (31 December 2007 est.) Debt - external: $44.15 billion (31 December 2008 est.) country comparison to the world: 56 $38.8 billion (31 December 2007 est.) Stock of direct foreign investment - at home: $25.44 billion (31 December 2008 est.) country comparison to the world: 61 $20.01 billion (31 December 2007 est.) Stock of direct foreign investment - abroad: $1.032 billion (31 December 2008 est.) country comparison to the world: 69 $982 million (31 December 2007 est.) Exchange rates: Pakistani rupees (PKR) per US dollar - 70.64 (2008 est.), 60.6295 (2007), 60.35 (2006), 59.515 (2005), 58.258 (2004) | India Economy GDP (purchasing power parity): $3.297 trillion (2008 est.) country comparison to the world: 5 $3.069 trillion (2007 est.) $2.816 trillion (2006 est.) note: data are in 2008 US dollars GDP (official exchange rate): $1.21 trillion (2008 est.) GDP - real growth rate: 7.4% (2008 est.) country comparison to the world: 28 9% (2007 est.) 9.7% (2006 est.) GDP - per capita (PPP): $2,900 (2008 est.) country comparison to the world: 166 $2,700 (2007 est.) $2,500 (2006 est.) note: data are in 2008 US dollars GDP - composition by sector: agriculture: 17.6% industry: 29% services: 53.4% (2008 est.) Labor force: 523.5 million (2008 est.) country comparison to the world: 2 Labor force - by occupation: agriculture: 60% industry: 12% services: 28% (2003) Unemployment rate: 6.8% (2008 est.) country comparison to the world: 85 7.2% (2007 est.) Population below poverty line: 25% (2007 est.) Household income or consumption by percentage share: lowest 10%: 3.6% highest 10%: 31.1% (2005) Distribution of family income - Gini index: 36.8 (2004) country comparison to the world: 79 37.8 (1997) Investment (gross fixed): 39% of GDP (2008 est.) country comparison to the world: 6 Budget: revenues: $126.7 billion expenditures: $202.6 billion (2008 est.) Public debt: 61.3% of GDP (2008 est.) country comparison to the world: 23 59.7% of GDP (2004 est.) Inflation rate (consumer prices): 8.3% (2008 est.) country comparison to the world: 131 6.4% (2007 est.) Central bank discount rate: NA% (31 December 2008) country comparison to the world: 74 6% (31 December 2007) Commercial bank prime lending rate: 8.5% (31 January 2009) Stock of money: $NA (31 December 2008) country comparison to the world: 9 $250.9 billion (31 December 2007) Stock of quasi money: $NA (31 December 2008) country comparison to the world: 8 $647.3 billion (31 December 2007) Stock of domestic credit: $NA (31 December 2008) country comparison to the world: 17 $769.3 billion (31 December 2007) Market value of publicly traded shares: $645.5 billion (31 December 2008) country comparison to the world: 9 $1.819 trillion (31 December 2007) $818.9 billion (31 December 2006) Agriculture - products: rice, wheat, oilseed, cotton, jute, tea, sugarcane, potatoes; onions, dairy products, sheep, goats, poultry; fish Industries: textiles, chemicals, food processing, steel, transportation equipment, cement, mining, petroleum, machinery, software Industrial production growth rate: 4.8% (2008 est.) country comparison to the world: 51 Electricity - production: 761.7 billion kWh (2007 est.) country comparison to the world: 6 Electricity - consumption: 568 billion kWh (2007 est.) country comparison to the world: 6 Electricity - exports: 216 million kWh (2007 est.) Electricity - imports: 4.96 billion kWh (2007 est.) Oil - production: 883,500 bbl/day (2008 est.) country comparison to the world: 23 Oil - consumption: 2.94 million bbl/day (2008 est.) country comparison to the world: 5 Oil - exports: 671,200 bbl/day (2007 est.) country comparison to the world: 23 Oil - imports: 2.518 million bbl/day (2007 est.) country comparison to the world: 8 Oil - proved reserves: 5.625 billion bbl (1 January 2009 est.) country comparison to the world: 22 Natural gas - production: 32.2 billion cu m (2008 est.) country comparison to the world: 26 Natural gas - consumption: 42.99 billion cu m (2008 est.) country comparison to the world: 19 Natural gas - exports: 0 cu m (2008) country comparison to the world: 65 Natural gas - imports: 10.79 billion cu m (2008 est.) country comparison to the world: 22 Natural gas - proved reserves: 1.075 trillion cu m (1 January 2009 est.) country comparison to the world: 25 Current account balance: $-37.51 billion (2008 est.) country comparison to the world: 182 $-10.88 billion (2007 est.) Exports: $176.4 billion (2008 est.) country comparison to the world: 26 $150.7 billion (2007 est.) Exports - commodities: petroleum products, textile goods, gems and jewelry, engineering goods, chemicals, leather manufactures Exports - partners: US 12.9%, China 11%, UAE 8.8%, Singapore 4.1% (2008) Imports: $305.5 billion (2008 est.) country comparison to the world: 16 $231.6 billion (2007 est.) Imports - commodities: crude oil, machinery, gems, fertilizer, chemicals Imports - partners: China 11.8%, US 6.8%, Singapore 4.4%, Germany 4.3%, Australia 4.1% (2008) Reserves of foreign exchange and gold: $256.4 billion (31 December 2008 est.) country comparison to the world: 5 $273.9 billion (31 December 2007 est.) Debt - external: $229.3 billion (31 December 2008 est.) country comparison to the world: 29 $206 billion (31 December 2007) Stock of direct foreign investment - at home: $144.2 billion (31 December 2008 est.) country comparison to the world: 23 $103.1 billion (31 December 2007 est.) Stock of direct foreign investment - abroad: $58.18 billion (31 December 2008 est.) country comparison to the world: 30 $38.82 billion (31 December 2007 est.) Exchange rates: Indian rupees (INR) per US dollar - 43.319 (2008 est.), 41.487 (2007), 45.3 (2006), 44.101 (2005), 45.317 (2004) |
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