Pakistan

Description of Pakistan

Welcome to our website dedicated to providing in-depth analysis of Pakistan's geopolitical and macroeconomic landscape. As a pivotal player in South Asia, Pakistan's economic development, political dynamics, and regional relationships have far-reaching implications. Through the lens of renowned geopolitical strategists such as Henry Kissinger, George Kennan, and Peter Zeihan, we aim to offer unique insights into how macroeconomic statistics impact Pakistan's trajectory and its interactions with neighboring countries and the global community.

Population And Age Structure

For the attribute "Population, total", Pakistan has a value of 227,196,741, which is significantly above the average population of 40,097,746 in the dataset. Pakistan ranks 5th out of 194 countries in total population.

Regarding "Population ages 0-14 (% of total population)", Pakistan's value of 37.27% is higher than the average of 27.34%. Pakistan ranks 47th out of 194 countries in this age group.

In terms of "Population ages 0-14, total", Pakistan's population of 84,681,629 exceeds the average of 10,327,379. Pakistan is ranked 4th out of 194 countries in this category.

For "Population ages 15-64 (% of total population)", Pakistan's value of 58.55% is below the average of 63.44%. The country ranks 148th out of 194 countries in this age group.

Looking at "Population ages 15-64, total", Pakistan's population of 133,031,513 is higher than the average of 26,003,407. Pakistan ranks 6th out of 194 countries in this age range.

Regarding "Population ages 65 and above (% of total population)", Pakistan's value of 4.17% is below the average of 9.22%. Pakistan is ranked 135th out of 194 countries in this demographic.

Lastly, for "Population ages 65 and above, total", Pakistan's population of 9,483,599 exceeds the average of 3,766,959. Pakistan ranks 14th out of 194 countries in this age group.

Summary

Pakistan has a significantly high total population, ranking 5th globally, and a notably high percentage of youths aged 0-14, ranking 47th. However, it has a lower percentage of working-age population (15-64) compared to the global average, but still ranks 6th in total numbers in this age group. The country also has a lower percentage of elderly population compared to the average, ranking 135th, but ranks relatively higher at 14th in total numbers of the elderly. These demographic indicators are crucial as they provide insights into the country's workforce composition, dependency ratio, and potential healthcare and social welfare requirements.

Population Miscellaneous

Rural population in Pakistan is 142,759,072, which is significantly higher than the attribute average of 18,044,041. Pakistan ranks 3rd out of 190 countries in this aspect.

Rural population (% of total population) in Pakistan is 62.84%, above the attribute average of 41.16%. Pakistan ranks 41st out of 190 countries for this metric.

Urban population in Pakistan is 84,437,669, well above the attribute average of 22,425,747. Pakistan ranks 10th out of 194 countries in urban population.

Urban population (% of total population) in Pakistan is 37.17%, below the attribute average of 59.69%. Pakistan ranks 154th out of 194 countries in this regard.

Age dependency ratio in Pakistan is 70.78%, higher than the attribute average of 59.22%. Pakistan ranks 47th out of 194 countries in terms of age dependency ratio.

Birth rate in Pakistan is 27.97 per 1,000 people, higher than the average of 19.38. Pakistan ranks 45th out of 192 countries in terms of birth rate.

Death rate in Pakistan is 7.06 per 1,000 people, below the attribute average of 8.21. Pakistan ranks 114th out of 192 countries in death rate.

Fertility rate in Pakistan is 3.555 births per woman, higher than the attribute average of 2.60. Pakistan ranks 44th out of 190 countries in fertility rate.

Summary

Pakistan has a significantly higher rural population and a lower urban population compared to the global averages. The country also exhibits a higher age dependency ratio, birth rate, death rate, and fertility rate compared to the global averages, positioning it in the middle to lower range among countries. These indicators are important as they provide insights into the demographic structure, development challenges, and future social and economic needs of Pakistan.

Military

Pakistan's military expenditure is $10,408,079,353.99, ranking 20th out of 149 countries. This value is below the average military expenditure of $12,904,993,617.17.

With military expenditure accounting for 3.02% of GDP, Pakistan ranks 21st out of 148 countries. This percentage is above the average of 1.90%.

Pakistan's arms imports total $688,000,000, placing it 10th out of 113 countries. This amount significantly exceeds the average of $205,522,123.89.

The total armed forces personnel in Pakistan is 943,000, ranking 6th out of 164 countries. This number is higher than the average of 165,908.54 personnel.

Considering armed forces personnel as a percentage of the total labor force, Pakistan is at 1.28%, ranking 51st out of 164 countries. This figure is slightly above the average of 1.28%.

Summary

Pakistan's military expenditure, arms imports, and number of armed forces personnel rank relatively high compared to global averages. This indicates a significant allocation of resources towards defense and a sizable military presence. The large armed forces personnel number, coupled with above-average military expenditure as a percentage of GDP, suggests that Pakistan prioritizes defense capabilities and national security.

Natural Resources

1. Forest area (sq. km): Pakistan has a forest area of 37,259 sq. km, which is significantly below the average of 211,606 sq. km. This places Pakistan at rank 79 out of 191 countries in the dataset.

2. Land area (sq. km): Pakistan's land area of 770,880 sq. km is above the average of 665,166 sq. km. Pakistan ranks 34 out of 194 countries in this attribute.

3. Surface area (sq. km): With a surface area of 796,100 sq. km, Pakistan exceeds the average of 689,780 sq. km. It shares the same rank of 34 out of 194 countries in this category.

4. Arable land (hectares): Pakistan possesses 30,930,000 hectares of arable land, far surpassing the average of 7,329,543 hectares. This places Pakistan at rank 10 out of 190 countries in the dataset.

5. Land under cereal production (hectares): Pakistan's land under cereal production is 14,083,007 hectares, significantly higher than the average of 4,206,012 hectares. Pakistan ranks 12 out of 174 countries in this aspect.

6. Average precipitation in depth (mm per year): Pakistan receives an average annual precipitation depth of 494 mm, which is below the average of 1,157.83 mm. Pakistan ranks 142 out of 178 countries in this attribute.

7. Renewable internal freshwater resources, total (billion cubic meters): Pakistan has 55 billion cubic meters of renewable internal freshwater resources, well below the average of 240.41 billion cubic meters. This places Pakistan at rank 75 out of 178 countries in the dataset.

Summary

Pakistan stands out with a large arable land area and significant land under cereal production, ranking 10th and 12th among countries globally, respectively. However, its forest area, average precipitation, and renewable internal freshwater resources fall below global averages, indicating potential challenges in sustainability and environmental management. These indicators are important as they reflect Pakistan's natural resource utilization, agricultural potential, and water management practices, highlighting areas that may require attention for long-term ecological and economic development.

Resource Rents

1. Total natural resources rents (% of GDP): In Pakistan, the value is 1.12% of GDP, which is below the average of 4.63%. This places Pakistan at rank 99 out of 175 countries in the dataset.

2. Coal rents (% of GDP): Pakistan's coal rents account for 0.07% of GDP, lower than the average of 0.40%. This places Pakistan at rank 26 out of 65 countries.

3. Forest rents (% of GDP): Pakistan's forest rents are at 0.14% of GDP, well below the average of 1.53%. This places Pakistan at rank 105 out of 174 countries.

4. Oil rents (% of GDP): Pakistan's oil rents comprise 0.16% of GDP, which is lower than the average of 2.51%. This places Pakistan at rank 59 out of 117 countries.

5. Natural gas rents (% of GDP): In Pakistan, natural gas rents stand at 0.72% of GDP, below the average of 1.25%. This places Pakistan at rank 27 out of 96 countries.

6. Mineral rents (% of GDP): Pakistan's mineral rents are at 0.03% of GDP, significantly below the average of 1.23%. This places Pakistan at rank 66 out of 86 countries.

Summary

Pakistan's economy appears to be underutilizing its natural resources as indicated by its rents from coal, forest, oil, natural gas, and minerals all falling below global averages. This could signify missed opportunities for economic growth and development through resource exploitation. The country's rankings in these categories also suggest that there is room for improvement in effectively leveraging its natural resource wealth to boost GDP and competitiveness on the global stage.

Commodities

- Pakistan's cereal production of 47,226,053 metric tons is significantly higher (ranked 13 out of 174 countries) than the average of 17,249,945.92 metric tons.

- Pakistan's aquaculture production of 162,462 metric tons is notably below (ranked 30 out of 180 countries) the average of 679,642.92 metric tons.

- Pakistan's capture fisheries production of 492,783 metric tons is slightly above (ranked 35 out of 190 countries) the average of 467,453.06 metric tons.

- Pakistan's total fisheries production of 655,245 metric tons is significantly below (ranked 36 out of 182 countries) the average of 1,153,914.85 metric tons.

- Pakistan's fertilizer consumption of 155.15 kilograms per hectare of arable land is slightly below (ranked 58 out of 187 countries) the average of 159.04 kilograms per hectare.

Summary

Pakistan excels in cereal production compared to global averages, ranking 13th out of 174 countries. However, its aquaculture and fisheries production, both capture and total, lag behind the global averages, ranking 30th, 35th, and 36th, respectively. Additionally, Pakistan's fertilizer consumption per hectare of arable land is slightly below the global average, ranking 58th out of 187 countries. These indicators are crucial as they highlight Pakistan's strengths in certain agricultural sectors while also pointing out areas for potential improvement, such as enhancing productivity in aquaculture and fisheries and optimizing fertilizer usage for sustainable agricultural practices.

Intellectual Property

1. Pakistan has 98 industrial design applications by nonresidents, significantly below the average of 1415.83 applications. This places Pakistan at rank 73 out of 112 countries.

2. For industrial design applications by residents, Pakistan has 366 applications, considerably lower than the average of 9799.58 applications. Pakistan ranks 45 out of 113 countries in this aspect.

3. In terms of patent applications by nonresidents, Pakistan submitted 562 applications, falling short of the average of 6538.40 applications. This places Pakistan at rank 40 out of 129 countries.

4. Pakistan's patent applications by residents stand at 338, below the average of 19037.56 applications. Pakistan is ranked 54 out of 117 countries for this metric.

5. For trademark applications by nonresidents, Pakistan recorded 4130 applications, lower than the average of 15878.93 applications. Pakistan ranks 75 out of 130 countries in this category.

6. Pakistan's trademark applications by residents are at 36448, below the average of 111055.78 applications. Pakistan ranks 24 out of 129 countries for this criterion.

7. Pakistan produced 17038.18 scientific and technical journal articles, surpassing the average of 15103.76 articles. Pakistan ranks 27 out of 192 countries based on this metric.

8. Regarding charges for the use of intellectual property payments, Pakistan recorded $183,000,000, significantly under the average of $3,218,843,494.39. Pakistan holds rank 61 out of 143 countries for this statistic.

9. In terms of charges for the use of intellectual property receipts, Pakistan received $11,000,000, far below the average of $3,191,687,117.58. Pakistan ranks 65 out of 122 countries in this aspect.

Summary

Pakistan exhibits lower-than-average figures across various key macroeconomic indicators related to intellectual property such as industrial design applications, patent applications, trademark applications, scientific and technical journal articles, and charges for the use of intellectual property. These statistics indicate a potential gap in innovation and intellectual property activity compared to global standards, which could impact the country's competitiveness, economic growth, and technological advancement in an increasingly knowledge-driven global economy.

Broad Economy Attributes

Analysis of Key Economic Indicators for Pakistan:

1. GDP (current US$): Pakistan's GDP is $300.42 billion, ranking 40th out of 189 countries. This value is below the average GDP of $442.87 billion.

2. GDP, PPP (current international $): Pakistan's GDP, PPP is $1.20 trillion, ranking 23rd out of 181 countries. This value is above the average GDP, PPP of $734.14 billion.

3. GDP per capita (current US$): Pakistan's GDP per capita is $1322.31, ranking 158th out of 190 countries. This value is significantly below the average GDP per capita of $15462.11.

4. GDP per capita, PPP (current international $): Pakistan's GDP per capita, PPP is $5284.66, ranking 134th out of 181 countries. This value is below the average GDP per capita, PPP of $21251.89.

5. GNI (current US$): Pakistan's GNI is $294.97 billion, ranking 40th out of 185 countries. This value is below the average GNI of $452.04 billion.

6. GNI, PPP (current international $): Pakistan's GNI, PPP is $1.18 trillion, ranking 23rd out of 181 countries. This value is above the average GNI, PPP of $730.70 billion.

7. GNI per capita, PPP (current international $): Pakistan's GNI per capita, PPP is $5190, ranking 134th out of 181 countries. This value is below the average GNI per capita, PPP of $20615.75.

Summary

In summary, Pakistan has a lower than average GDP, GDP per capita, and GNI compared to global averages. However, in terms of GDP, PPP and GNI, PPP, Pakistan performs above average internationally. These indicators are crucial as they provide insights into the economic strength and overall standard of living in Pakistan relative to other countries.

Broad Value Added

1. Gross value added at basic prices (GVA) (current US$): Pakistan's GVA of $282.77 billion is below the average of $360.07 billion, ranking 36th out of 176 countries.

2. Agriculture, forestry, and fishing, value added (% of GDP): Pakistan's value added accounts for 21.85% of GDP, exceeding the average of 10.86%, and securing a rank of 31 out of 182 countries.

3. Agriculture, forestry, and fishing, value added (current US$): Pakistan's value of $65.66 billion is significantly above the average of $19.92 billion, ranking 7th out of 182 countries.

4. Services, value added (% of GDP): Pakistan's services value added represents 53.68% of GDP, below the average of 56.72%, with a rank of 111 out of 183 countries.

5. Services, value added (current US$): Pakistan's services value added stands at $161.27 billion, falling short of the average of $295.84 billion, ranking 41st out of 183 countries.

6. Industry (including construction), value added (current US$): Pakistan's industry value added is $55.85 billion, notably lower than the average of $118.42 billion, placing Pakistan 50th out of 183 countries.

Summary

Pakistan's economy relies heavily on the agriculture sector, as seen by the high percentage of agriculture, forestry, and fishing value added to GDP and the country's high ranking in this category. However, the services sector is underperforming compared to the global average, which could indicate a need for development and investment in this area. The lower-than-average industry value added also suggests room for growth and improvement in Pakistan's industrial sector.

These findings are crucial as they highlight Pakistan's economic strengths and weaknesses relative to other countries. Understanding these key macroeconomic indicators can help policymakers and investors make informed decisions to promote balanced economic development, capitalize on strengths, and address areas that require attention and reform.

Manufacturing Value Added

- Manufacturing, value added (current US$): Pakistan's manufacturing value added is $34,296,808,217.06, placing it at rank 43 out of 173 countries. This value is below the attribute average of $76,207,179,589.66.

- Manufacturing, value added (% of GDP): Pakistan's manufacturing value added accounts for 11.42% of its GDP, ranking it 85th out of 173 countries. This percentage is slightly below the attribute average of 11.90%.

- Medium and high-tech manufacturing value added (% manufacturing value added): Pakistan's medium and high-tech manufacturing value added represents 22.90% of its total manufacturing value added, placing it at rank 74 out of 149 countries. This percentage is lower than the attribute average of 24.49%.

Summary

Pakistan's manufacturing sector, although significant with a value added of $34.3 billion, falls below the global average in terms of both total manufacturing value added and its contribution to GDP. Additionally, the country's medium and high-tech manufacturing value added percentage is below the global average. These indicators are crucial as they highlight areas where Pakistan may need to enhance its manufacturing capabilities, increase technological integration, and improve overall productivity to remain competitive in the global market.

Money

1. Pakistan's consumer price inflation rate is 9.74%, slightly higher than the average of 8.26%. This places Pakistan at 19th rank out of 165 countries in the dataset.

2. The GDP deflator inflation in Pakistan is 9.94%, significantly higher than the average of 6.90%. This also positions Pakistan at 19th rank out of 188 countries in the dataset.

3. Pakistan's broad money growth rate stands at 15.63%, below the average of 18.03%, placing Pakistan at 56th rank out of 139 countries.

4. Broad money as a percentage of GDP in Pakistan is 54.53%, below the average of 71.75%, ranking Pakistan at 84th out of 139 countries.

5. Pakistan's broad money to total reserves ratio is 8.84, above the average of 5.17, positioning Pakistan at 11th rank out of 126 countries.

Summary

Pakistan exhibits higher-than-average consumer price inflation and GDP deflator inflation rates, ranking 19th globally in both indicators. However, its broad money growth rate is below the average, placing the country at 56th rank. Additionally, Pakistan's broad money as a percentage of GDP is comparatively low, ranking 84th. Despite these metrics, Pakistan's strong broad money to total reserves ratio, ranking 11th, indicates a robust financial position in relation to its reserves.

These findings are crucial as they reflect Pakistan's economic stability and its ability to manage inflationary pressures. The lower position in broad money metrics suggests room for improvement in stimulating economic growth and liquidity. However, the high ranking in the broad money to total reserves ratio highlights Pakistan's strength in managing external financial risks and indicates a level of resilience in the face of global economic uncertainties.

Consumption Expenditure

Final consumption expenditure (current US$): Pakistan's final consumption expenditure is $280.31 billion, which is below the average of $381.63 billion. Pakistan ranks 31 out of 159 countries in this attribute.

Final consumption expenditure (% of GDP): Pakistan's final consumption expenditure as a percentage of GDP is 93.30%, higher than the average of 82.37%. Pakistan ranks 32 out of 159 countries in this attribute data.

General government final consumption expenditure (current US$): Pakistan's government final consumption expenditure is $35.42 billion, significantly below the average of $93.68 billion. Pakistan ranks 46 out of 158 countries in this attribute.

General government final consumption expenditure (% of GDP): Pakistan's government final consumption expenditure as a percentage of GDP is 11.79%, below the average of 18.71%. Pakistan ranks 129 out of 158 countries in this attribute data.

Household and NPISHs Final consumption expenditure (current US$): Pakistan's household and NPISHs final consumption expenditure is $244.89 billion, below the average of $290.13 billion. Pakistan ranks 28 out of 158 countries in this attribute.

Households and NPISHs final consumption expenditure (% of GDP): Pakistan's household and NPISHs final consumption expenditure as a percentage of GDP is 81.51%, higher than the average of 63.68%. Pakistan ranks 21 out of 158 countries in this attribute data.

Summary

In analyzing key macroeconomic indicators for Pakistan, it is evident that the country maintains a lower final consumption expenditure in US dollars compared to the global average, positioning itself in the lower percentile among countries. However, Pakistan's final consumption expenditure as a percentage of GDP is notably higher than the average, especially in terms of household and NPISHs expenditure. These statistics are crucial as they reflect the distribution of spending within the economy, highlighting the significant role of households in driving economic activity and the relatively lower government expenditure in comparison to other nations.

Equities

1. Pakistan has 454 listed domestic companies, ranking 17th out of 72 countries in total listed domestic companies. This is below the average of 636.625.

2. The total value of stocks traded in Pakistan is $19,293,030,000, placing it 30th out of 71 countries. This value is significantly below the average of $1,379,501,950,182.91.

3. Stocks traded as a percentage of GDP in Pakistan is 6.42%, ranked 33rd out of 71 countries. This is below the average percentage of 31.65%.

4. Pakistan's market capitalization of listed domestic companies is $50,278,510,000, ranking 39th out of 73 countries. This value is notably lower than the average market capitalization of $1,196,037,851,618.88.

5. The market capitalization of listed domestic companies as a percentage of GDP in Pakistan is 16.74%, placing it 59th out of 73 countries. This percentage is significantly below the average of 71.24%.

6. The annual percentage change in S&P Global Equity Indices for Pakistan is -7.52%, ranking 56th out of 79 countries. This change is notably below the average percentage change of 2.06%.

Summary

Pakistan's stock market performance lags behind the global averages across various indicators such as the number of listed companies, total stock value, market capitalization, and equity index change. This indicates lower investor confidence and limited capital market development in Pakistan compared to other countries. Improving these metrics is crucial for attracting investments, boosting economic growth, and enhancing the country's overall financial stability.

Investment

Foreign direct investment, net (BoP, current US$): Pakistan's value of -2102000000 is below the average of -1615235980.50. It ranks 129th out of 169 countries in the dataset.

Foreign direct investment, net inflows (BoP, current US$): With a value of 2057000000, Pakistan exceeds the average of 5749271080.15. It ranks 50th out of 182 countries.

Foreign direct investment, net inflows (% of GDP): Pakistan's value of 0.68% is lower than the average of 2.61%. It ranks 127th out of 178 countries.

Foreign direct investment, net outflows (BoP, current US$): Pakistan's value of -45000000 is below the average of 5707991116.07. It ranks 130th out of 156 countries.

Foreign direct investment, net outflows (% of GDP): With a value of -0.01%, Pakistan falls short of the average of 1.00%. It ranks 118th out of 155 countries.

Portfolio Investment, net (BoP, current US$): Pakistan's value of 1435000000 surpasses the average of 679559169.57. It ranks 38th out of 159 countries.

Portfolio equity, net inflows (BoP, current US$): Pakistan's value of -542000000 is below the average of 9197145994.70. It ranks 104th out of 125 countries.

Summary

Pakistan has a below-average value for foreign direct investment, net, but exceeds the average for net inflows. However, its percentage of GDP for both inflows and outflows is lower than the average. Additionally, Pakistan excels in portfolio investment, net, but falls short in portfolio equity net inflows.

These findings are important as they indicate Pakistan's attractiveness to foreign investors in terms of direct investment and portfolio investment. The country's performance in these indicators can impact its economic growth, technology transfer, job creation, and overall development.

Debt

Total debt service (% of GNI): Pakistan's value is 3.62%, below the average of 5.98%. It ranks 65 out of 120 countries in the dataset.

Public and publicly guaranteed debt service (% of GNI): Pakistan's value is 2.71%, slightly below the average of 2.84%. It ranks 51 out of 120 countries in the dataset.

External debt stocks (% of GNI): Pakistan's value is 40.02%, significantly below the average of 65.42%. It ranks 77 out of 120 countries in the dataset.

Debt service on external debt, total (TDS, current US$): Pakistan's value is $10,673,170,576.80, higher than the average of $9,811,195,839.23. It ranks 18 out of 123 countries in the dataset.

Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$): Pakistan's value is $7,995,933,418.40, significantly higher than the average of $3,310,612,057.60. It ranks 11 out of 123 countries in the dataset.

External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$): Pakistan's value is $87,008,663,436.80, significantly higher than the average of $28,695,879,144.98. It ranks 11 out of 123 countries in the dataset.

External debt stocks, private nonguaranteed (PNG) (DOD, current US$): Pakistan's value is $14,908,526,000.00, significantly below the average of $33,734,699,285.22. It ranks 26 out of 91 countries in the dataset.

External debt stocks, total (DOD, current US$): Pakistan's value is $118,049,163,002.60, significantly higher than the average of $73,845,530,111.82. It ranks 18 out of 123 countries in the dataset.

Summary

Pakistan's total debt service as a percentage of Gross National Income (GNI) is below the average, indicating a relatively manageable level of debt repayment burden. However, the country's external debt stocks as a percentage of GNI are significantly below the average, suggesting lower reliance on external borrowing compared to other countries in the dataset. Despite this, Pakistan's debt service on external debt, especially public and publicly guaranteed debt, is notably higher than the average, indicating substantial repayment obligations in this category. These indicators are crucial as they reflect Pakistan's debt sustainability, fiscal health, and its ability to manage external financial commitments efficiently.

Broad Trade Attributes

1. Trade (% of GDP): Pakistan's trade as a percentage of GDP is 26.72%, which is below the average of 82.34%. Pakistan ranks 158th out of 163 countries in this aspect.

2. Merchandise trade (% of GDP): Pakistan's merchandise trade as a percentage of GDP is 22.57%, lower than the average of 60.01%. Pakistan holds the 178th rank out of 186 countries.

3. Trade in services (% of GDP): Pakistan's trade in services as a percentage of GDP is 4.45%, significantly lower than the average of 24.63%. Pakistan ranks 166th out of 171 countries.

4. External balance on goods and services (current US$): Pakistan has an external balance of goods and services amounting to -24.39 billion USD, in contrast to the average of 3.41 billion USD. Pakistan ranks 158th out of 163 countries.

5. External balance on goods and services (% of GDP): Pakistan's external balance as a percentage of GDP is -8.12%, whereas the average is -5.97%. Pakistan ranks 108th out of 163 countries in this category.

Summary

Pakistan's trade indicators, including trade (% of GDP), merchandise trade (% of GDP), and trade in services (% of GDP), all fall below global averages, leading to a lower ranking compared to other countries. Additionally, Pakistan's external balance on goods and services, both in absolute value and as a percentage of GDP, is negative, indicating a trade deficit. These indicators suggest that Pakistan may need to reassess its trade policies, improve export competitiveness, and seek avenues to attract foreign investment to address its trade imbalance and boost economic growth.

Net Trade

1. Pakistan has a Current account balance (BoP) of approximately -650,874,000 US$. This value is below the average of 1,443,864,831.49 US$. Pakistan is ranked 107 out of 170 countries in this attribute data.

2. The Current account balance (% of GDP) for Pakistan is -0.22%, which is lower than the average of -2.36%. Pakistan holds the 67th rank out of 170 countries in this data set.

3. Pakistan's Net trade in goods and services is -24,764,874,000 US$, significantly below the average of 2,604,730,003.57 US$. The country ranks 166th out of 171 nations in this attribute.

4. With a Net primary income of -4,914,000,000 US$, Pakistan deviates from the average of -903,807,529.74 US$. This places Pakistan at the 142nd rank out of 170 countries.

5. Pakistan's Net secondary income is 29,028,000,000 US$, far exceeding the average of -269,227,340.40 US$. This places Pakistan at an impressive rank of 4 out of 170 countries.

6. The Net trade in goods for Pakistan stands at -22,172,000,000 US$, well below the average of 1,302,831,005.68 US$. Pakistan holds the 163rd rank out of 171 countries in this attribute.

7. Pakistan's Net capital account is 214,000,000 US$, slightly above the average of 136,543,824.05 US$. The country is ranked 45th out of 159 countries in this aspect.

8. In terms of the Net financial account, Pakistan has a value of -1,195,000,000 US$, below the average of -469,840,994.63 US$. This places Pakistan at the 121st rank out of 170 countries for this attribute.

Summary

Pakistan's current account balance, net trade in goods, net primary income, and net trade in goods all reflect deficits when compared to global averages, signifying challenges in trade and income generation. However, Pakistan's net secondary income and net capital account are notably strong, indicating potential resilience through other income streams and investment inflows. These indicators are crucial for policymakers and investors to assess the country's economic stability, trade competitiveness, and financial resilience in the global market.

Broad Export Attributes

- Pakistan's Exports of goods, services and primary income (BoP, current US$) amount to 27,769,070,000, which is below the average of 146,238,908,936. Pakistan ranks 65 out of 170 countries in this attribute.

- With Exports of goods and services (BoP, current US$) at 27,333,070,000, Pakistan falls short of the average of 122,938,540,059. Pakistan holds the 62nd rank out of 170 countries.

- Pakistan's Exports of goods and services (current US$) stands at 27,935,252,708.2782, below the average of 129,596,864,610. Pakistan ranks 62 out of 163 countries in this category.

- The percentage of GDP represented by Pakistan's Exports of goods and services is 9.30%, significantly lower than the average of 38.19%. Pakistan ranks 156 out of 163 countries in this aspect.

- Pakistan's Goods exports (BoP, current US$) total 21,941,000,000, falling short of the average of 93,310,581,697. Pakistan ranks 62 out of 171 countries.

- Pakistan's International tourism receipts as a percentage of total exports are at 2.80%, much lower than the average of 9.74%. Pakistan ranks 71 out of 120 countries in this metric.

- The percentage of ICT goods exports in Pakistan (% of total goods exports) is 0.09%, significantly lower than the average of 3.81%. Pakistan ranks 111 out of 142 countries in this category.

Summary

Pakistan's export performance across various categories falls below global averages, with low percentages of GDP represented by exports and below-average international tourism receipts and ICT goods exports. These indicators are crucial as they reflect the country's level of integration with the global economy, its competitiveness in key sectors, and its ability to generate foreign exchange earnings. Addressing these areas of underperformance could help boost Pakistan's economic growth, enhance its trade relationships, and improve its overall macroeconomic stability.

Merchandise Exports

When examining Merchandise exports in Pakistan, which amount to $21,979,000,000, it is noticeable that this figure is significantly below the global average of $89,542,711,229.95. Pakistan is ranked 64th out of 187 countries in this category.

Agricultural raw materials exports account for 1.85% of Pakistan's total merchandise exports, below the average of 2.97%. With a rank of 54 out of 151 countries, Pakistan slightly underperforms in this aspect.

Food exports represent 19.27% of Pakistan's merchandise exports, lower than the average of 24.06%. Pakistan is ranked 67th out of 152 countries for food exports.

Fuel exports constitute only 0.87% of Pakistan's merchandise exports, significantly lower than the average of 13.70%. Pakistan's rank is 110th out of 147 countries in this category.

Ores and metals exports make up 3.33% of Pakistan's merchandise exports, which falls short of the average of 9.10%. Pakistan is ranked 73rd out of 152 countries concerning ores and metals exports.

The residual category for merchandise exports, accounting for 0.09% in Pakistan, is notably below the 3.20% average. Pakistan holds the 107th rank out of 166 countries in this specific category.

Summary

Pakistan's merchandise exports in key sectors such as agricultural raw materials, food, fuel, ores and metals, as well as residual categories fall below global averages. These statistics indicate areas where Pakistan lags behind in terms of export diversification and competitiveness on the global stage. Addressing these gaps is crucial for Pakistan's economic development and sustainability, as it needs to enhance and broaden its export base to strengthen its position in the international trade arena.

Technology Exports

Manufactures exports (% of merchandise exports): Pakistan's value for this attribute is 74.67%, which is above the average of 42.62%. Pakistan ranks 33 out of 152 countries in this dataset.

High-technology exports (current US$): Pakistan's value for this attribute is $309,393,322, significantly below the average of $16,655,934,078.80. Pakistan ranks 66 out of 151 countries in this dataset.

High-technology exports (% of manufactured exports): Pakistan's value for this attribute is 1.89%, below the average of 10.15%. Pakistan ranks 120 out of 150 countries in this dataset.

Medium and high-tech exports (% manufactured exports): Pakistan's value for this attribute is 11.13%, below the average of 34.29%. Pakistan ranks 116 out of 149 countries in this dataset.

Summary

Pakistan excels in manufactures exports compared to the average, positioning it at 33 out of 152 countries. However, it lags significantly behind in high-technology exports both in absolute value and as a percentage of manufactured exports, ranking 66th and 120th respectively. Additionally, Pakistan's medium and high-tech exports are below average, ranking 116th. These indicators are crucial as they reflect Pakistan's industrial sophistication, innovation capabilities, and integration into global value chains, which are vital for sustainable economic development and competitiveness in the modern global economy.

Service Exports

1. Service exports (BoP, current US$): Pakistan's service exports amount to $5,392,070,000, which is below the average of $28,917,292,503.82. Pakistan is ranked 68th out of 171 countries in this attribute.

2. ICT service exports (BoP, current US$): Pakistan's ICT service exports are $1,716,000,000, also below the average of $4,578,501,153.77. Pakistan ranks 44th out of 166 countries in this category.

3. ICT service exports (% of service exports, BoP): Pakistan's ICT service exports account for 31.82% of its total service exports, significantly higher than the average of 11.75%. Pakistan holds the 12th rank out of 166 countries.

4. Communications, computer, etc. (% of service exports, BoP): In this category, Pakistan's value is 77.69%, well above the average of 45.85%. The country ranks 16th out of 169 countries.

5. Transport services (% of service exports, BoP): Pakistan's transport services contribute 11.22% to its service exports, which is below the average of 21.80%. The country is ranked 110th out of 169 countries.

6. Travel services (% of service exports, BoP): Pakistan's travel services represent 8.14% of its service exports, below the average of 26.40%. Pakistan ranks 128th out of 167 countries in this aspect.

7. Insurance and financial services (% of service exports, BoP): Pakistan's insurance and financial services constitute 2.95% of its service exports, lower than the average of 6.46%. The country is ranked 92nd out of 161 countries.

Summary

Pakistan's service exports, particularly in the ICT sector, are below global averages in terms of value. However, Pakistan stands out for its high percentage of ICT service exports relative to total service exports, indicating a specialization in this niche. The country also excels in communications services export but lags behind in transport and travel services. These indicators are crucial as they reveal Pakistan's strengths and weaknesses in the services sector, guiding policymakers and businesses in strategic decision-making to enhance the country's competitive edge in the global market.

Commercial Service Exports

Commercial service exports (current US$): Pakistan's commercial service exports amount to $4,415,070,000, which is below the average of $28,508,218,402.79. Pakistan ranks 69th out of 171 countries in this attribute.

Travel services (% of commercial service exports): Pakistan's travel services account for 9.94% of its commercial service exports, lower than the average of 27.89%. Pakistan is ranked 125th out of 167 countries in this category.

Computer, communications and other services (% of commercial service exports): Pakistan's services in this category represent 72.75% of its commercial service exports, higher than the average of 42.44%. Pakistan ranks 19th out of 169 countries in this attribute.

Insurance and financial services (% of commercial service exports): Pakistan's insurance and financial services comprise 3.60% of its commercial service exports, below the average of 6.97%. Pakistan holds the 81st rank out of 161 countries in this aspect.

Transport services (% of commercial service exports): Pakistan's transport services constitute 13.70% of its commercial service exports, falling below the average of 23.37%. Pakistan is placed 104th out of 169 countries in this metric.

Summary

Pakistan's commercial service exports are significantly below the global average, with a ranking of 69th out of 171 countries. The country heavily relies on computer, communications, and other services for its commercial exports, ranking 19th globally in this category but falls behind in travel and transport services. These indicators are crucial as they highlight Pakistan's strengths and weaknesses in different service sectors, providing insights for policymakers to diversify and strengthen the country's service export capabilities.

Broad Import Attributes

Imports of goods and services (current US$): Pakistan's value of $52,327,295,782.65 is below the average of $126,191,355,599.06. It ranks 53 out of 163 countries.

Imports of goods and services (% of GDP): Pakistan's value of 17.42% is below the average of 44.15%. It ranks 152 out of 163 countries.

International tourism, expenditures (% of total imports): Pakistan's value of 2.39% is below the average of 3.98%. It ranks 84 out of 131 countries.

ICT goods imports (% total goods imports): Pakistan's value of 6.50% is below the average of 6.85%. It ranks 51 out of 143 countries.

Goods imports (BoP, current US$): Pakistan's value of $44,113,000,000 is below the average of $92,007,788,027.17. It ranks 47 out of 171 countries.

Imports of goods and services (BoP, current US$): Pakistan's value of $52,097,944,000 is below the average of $120,321,577,988.12. It ranks 51 out of 170 countries.

Imports of goods, services and primary income (BoP, current US$): Pakistan's value of $57,447,944,000 is below the average of $144,514,428,722.28. It ranks 54 out of 170 countries.

Summary

Pakistan's imports of goods and services are consistently below the global average across different metrics, indicating a relatively lower level of economic integration compared to other countries. This could imply a need to diversify the sources of imports, strengthen domestic production capabilities, and explore opportunities to boost international trade relations to enhance economic growth and stability.

Merchandise Imports

1. Merchandise imports (current US$): Pakistan's merchandise imports are $45.8 billion, which is below the average of $89.4 billion. Pakistan ranks 48th out of 190 countries in terms of merchandise imports.

2. Manufactures imports (% of merchandise imports): Pakistan's manufactures imports account for 51.56% of its merchandise imports, below the average of 66.76%. Pakistan ranks 141st out of 152 countries in this attribute.

3. Agricultural raw materials imports (% of merchandise imports): Pakistan's import of agricultural raw materials, at 5.90% of merchandise imports, is significantly higher than the average of 1.27%. Pakistan ranks 1st out of 152 countries in this category.

4. Food imports (% of merchandise imports): Pakistan's food imports constitute 14.99% of its merchandise imports, slightly below the average of 15.89%. The country ranks 69th out of 152 nations in this aspect.

5. Fuel imports (% of merchandise imports): Pakistan's fuel imports make up 22.54% of merchandise imports, significantly higher than the average of 11.38%. Pakistan ranks 8th out of 152 countries in fuel imports.

6. Ores and metals imports (% of merchandise imports): Pakistan's import of ores and metals, at 4.94% of merchandise imports, is notably higher than the average of 2.57%. Pakistan ranks 19th out of 152 countries for this category.

7. Merchandise imports by the reporting economy, residual (% of total merchandise imports): Pakistan's residual merchandise imports stand at 1.59%, which is below the average of 2.51%. The country ranks 49th out of 180 nations in this attribute.

Summary

Pakistan's key macroeconomic indicators in terms of merchandise imports reveal that the country has below-average total merchandise imports, with a notable focus on agricultural raw materials and fuel. While Pakistan ranks lower in manufactures imports and food imports, it excels in importing agricultural raw materials, placing first globally in this category. These statistics are essential as they provide insights into Pakistan's trade dependencies, industrial composition, and resource allocation strategies, indicating areas of strength and potential vulnerabilities in the economy.

Service Imports

For Service imports (BoP, current US$), Pakistan's value is $7,984,940,000, ranking 59 out of 171 countries. This is below the average of $27,615,356,170.47 for all countries in the dataset.

Communications, computer, etc. (% of service imports, BoP) in Pakistan is 46.20%, ranking 84 out of 169 countries. This value is higher than the average of 44.40%.

Transport services (% of service imports, BoP) in Pakistan stand at 34.48%, placing the country at rank 68 out of 169. This figure is also higher than the average of 32.90%.

Pakistan's Travel services (% of service imports, BoP) is 10.17%, ranking 91 out of 169 countries. It is below the average of 14.14% for all countries in the dataset.

Insurance and financial services (% of service imports, BoP) in Pakistan account for 9.15%, placing the country at rank 57 out of 169. This value is above the average of 8.53%.

Summary

Pakistan's performance in key macroeconomic indicators related to service imports reflects a mixed picture. While the country ranks below average in terms of the overall value of service imports, it surpasses the global average in the specific categories of communications, computer services, transport services, and insurance and financial services. These indicators are crucial as they demonstrate Pakistan's strengths and weaknesses in different service sectors, highlighting areas where the country excels and where there is room for improvement to enhance its global competitiveness.

Commercial Service Imports

Analysis of macroeconomic statistics for Pakistan:

Summary

In analyzing key macroeconomic indicators for Pakistan, it is evident that the country's commercial service imports are significantly lower than the global average. However, Pakistan demonstrates a higher reliance on computer, communications, and other services in its import sector compared to the average. Additionally, the country also allocates a greater percentage of commercial service imports towards insurance and financial services as well as transport services, but less towards travel services.

These statistics are crucial as they provide insights into Pakistan's economic structure and priorities in terms of imports. The higher emphasis on technology-related services indicates a potential focus on modernization and digital advancement, while the lower allocation to travel services may suggest areas for potential growth or investment in the tourism sector. Understanding these trends can help policymakers, investors, and analysts make informed decisions regarding Pakistan's economic development and trade strategies.

Infrastructure

1. Air transport, freight (million ton-km): Pakistan's value of 95.88 million ton-km is significantly below the attribute average of 1384.37 million ton-km. This places Pakistan at rank 51 out of 126 countries in this dataset.

2. Air transport, registered carrier departures worldwide: Pakistan's value of 27,903.88 departures is well below the attribute average of 134,365.61 departures. This puts Pakistan at rank 59 out of 149 countries in this dataset.

3. Air transport, passengers carried: Pakistan's value of 3,711,456.87 passengers carried is notably below the attribute average of 11,848,242.70 passengers. Pakistan ranks 43 out of 149 countries in this data set.

4. Container port traffic (TEU: 20 foot equivalent units): Pakistan's container port traffic of 3,161,000 TEUs is below the attribute average of 6,907,110.27 TEUs. Pakistan holds the 37th position out of 110 countries in this dataset.

Summary

Pakistan exhibits below-average performance in key macroeconomic indicators related to air transport, passenger traffic, and container port traffic. With rankings ranging from 37th to 59th out of the countries assessed, Pakistan's infrastructure and transportation sectors show room for improvement compared to global averages. These indicators are crucial as they reflect the country's connectivity, trade facilitation capabilities, and integration into the global economy, highlighting areas that require attention for enhanced competitiveness and economic growth.

Information Technology Infrastructure

For Secure Internet servers, Pakistan has 16,293 servers, which is significantly below the average of 458,294 servers. Pakistan ranks 60th out of 193 countries in this dataset.

In terms of Secure Internet servers per 1 million people, Pakistan has 71.71 servers per 1 million people, well below the average of 14,067 servers. Pakistan ranks 140th out of 193 countries.

Regarding Individuals using the Internet (% of population), Pakistan has a rate of 18.93%, substantially lower than the average of 64.77%. Pakistan ranks 166th out of 180 countries in this metric.

For Fixed broadband subscriptions, Pakistan has 2,442,938 subscriptions, which is lower than the average of 6,591,956 subscriptions. Pakistan ranks 51st out of 185 countries.

Lastly, in Mobile cellular subscriptions, Pakistan has 175,624,364 subscriptions, surpassing the average of 42,526,464 subscriptions. Pakistan ranks 10th out of 193 countries in this category.

Summary

Pakistan lags behind in key macroeconomic indicators related to internet infrastructure and usage. It has significantly fewer secure internet servers and fixed broadband subscriptions compared to the global average, resulting in lower internet penetration rates and access. Despite these challenges, Pakistan stands out positively in mobile cellular subscriptions, indicating a strong reliance on mobile technology for communication and connectivity.

Energy Consumption

Regarding Renewable energy consumption (% of total final energy consumption), Pakistan consumes 46.6% of its total final energy from renewable sources. This is above the average consumption of 32.18% among 191 countries, placing Pakistan at rank 55 out of the 191 countries analyzed.

When it comes to CO2 emissions (kt), Pakistan emits 184,111.2 kt of CO2. This value is higher than the average emissions of 171,895.94 kt among 188 countries. Pakistan ranks 28 out of 188 countries in terms of CO2 emissions.

Summary

Pakistan stands out for its above-average consumption of renewable energy, ranking 55th out of 191 countries analyzed. However, the country also emits a higher amount of CO2 compared to the global average, ranking 28th out of 188 countries. These indicators are crucial as they reflect Pakistan's progress towards sustainable energy practices and its environmental impact on a global scale.

Government Balance Sheet

- Pakistan's total reserves account for 15.69% of its total external debt, significantly below the attribute average of 66.13%. This places Pakistan at rank 85 out of 102 countries in the dataset.

- The country's reserves and related items amount to $839,413,129.28, far below the attribute average of $1,924,407,186.58. Pakistan ranks 43 out of 171 countries based on this indicator.

- Pakistan's total reserves minus gold stand at $14,591,657,230.39, well below the average of $74,221,588,171.61. The country ranks 59 out of 161 nations in this aspect.

- Including gold, Pakistan's total reserves reach $18,521,734,363.95, again substantially lower than the average of $85,708,019,773.47. This places Pakistan at the same rank of 59 out of 161 countries.

- Pakistan's total reserves in months of imports are 3.87, below the average of 7.10, indicating a lower capacity to cover import costs. This places Pakistan at rank 104 out of 151 countries in the dataset.

Summary

Pakistan's total reserves fall below global averages across various indicators such as reserve-to-debt ratio, overall reserve amount, reserve excluding gold, and reserve including gold. Additionally, the country's reserves in months of imports indicate a lower capacity to cover import costs compared to the global average. These findings are crucial as they signal potential vulnerability in Pakistan's ability to meet its external financial obligations and maintain stable economic conditions.

Taxes

1. Tariff rate, applied, weighted mean, all products (%): Pakistan's tariff rate of 8.67% is higher than the average rate of 5.21%. With this rate, Pakistan is ranked 38th out of 153 countries included in the data on tariff rates for all products.

Summary

Pakistan's weighted mean applied tariff rate of 8.67% is above the global average of 5.21%, placing it in the 38th position out of 153 countries assessed. This higher tariff rate indicates that Pakistan may be protecting its domestic industries through trade barriers, potentially impacting international trade relations and the country's economic competitiveness.

Top Stats

Ranks in Top Decile For:

Attribute Rank/Total
Population, total 5/194
Population ages 0-14, total 4/194
Population ages 15-64, total 6/194
Population ages 65 and above, total 14/194
Rural population 3/190
Urban population 10/194
Arms imports (SIPRI trend indicator values) 10/113
Armed forces personnel, total 6/164
Arable land (hectares) 10/190
Land under cereal production (hectares) 12/174
Cereal production (metric tons) 13/174
Agriculture, forestry, and fishing, value added (current US$) 7/182
Broad money to total reserves ratio 11/126
Debt service on external debt, public and publicly guaranteed (PPG) (TDS, current US$) 11/123
External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) 11/123
Net secondary income (BoP, current US$) 4/170
ICT service exports (% of service exports, BoP) 12/166
Communications, computer, etc. (% of service exports, BoP) 16/169
Agricultural raw materials imports (% of merchandise imports) 1/152
Fuel imports (% of merchandise imports) 8/152
Mobile cellular subscriptions 10/193

Ranks in Bottom Decile For:

Attribute Rank/Total
Trade (% of GDP) 158/163
Merchandise trade (% of GDP) 178/186
Trade in services (% of GDP) 166/171
External balance on goods and services (current US$) 158/163
Net trade in goods and services (BoP, current US$) 166/171
Net trade in goods (BoP, current US$) 163/171
Exports of goods and services (% of GDP) 156/163
Imports of goods and services (% of GDP) 152/163
Manufactures imports (% of merchandise imports) 141/152
Individuals using the Internet (% of population) 166/180