Economy of Pakistan
|
GDP
|
347,3 billion Dollars (2021, Nominal)
|
|
Sectors
|
%58 service, %23 agriculture, %19 industrial, (2021)
|
|
Real GDP Growth Rate
|
%5,6 (2021)
|
|
GDP Per Capita (USD)
|
1.562 (2021, Nominal)
|
|
Inflation Rate
|
%13 (2021)
|
|
Unemployment Rate
|
%6,3 (2020-21)
|
|
Total Foreign Currency Reserves
|
19 billion Dollars (Mart 2022)
|
|
Number of Workers Abroad
|
More than 9 million
|
|
Total Export
|
25,3 billion Dollars (2020-21)
|
|
Main Partners (Export)
|
US, China, United Kingdom, Germany, Netherlands Afghanistan,
|
|
Total Import
|
44,5 billion Dollars (2020-21)
|
|
Main Partners (Import)
|
China, UAE, Indonesia, US, Saudi Arabia, Qatar
|
|
Currency
|
Pakistani rupee (PKR) 1 Dollar=186 PKR (21 April 2022)
|
References: Turkish Embassy in Islamabad, Ministry Of Economy, EIU, World
Bank
Main Trade Partners: USA, UAE, PRC and Afghanistan
Main Export Items:
Cotton, textile products, grains
Main Import Items:
Mineral fueals, machines, electronic devices
Bilateral Economic and Commercial Relations
Bilateral Trade (million USD)
|
|
2015
|
2016
|
2017
|
2018
|
2019
|
2020
|
2021
|
2022/3
|
|
Export
|
289,1
|
347
|
352,3
|
462
|
550,1
|
620,1
|
867,8
|
266,5
|
|
Import
|
310,5
|
263
|
323,1
|
330
|
306,3
|
268,7
|
271,3
|
111,1
|
|
Volume
|
599,6
|
610
|
675,4
|
792
|
865,4
|
888,9
|
1139,1
|
377,6
|
|
Balance
|
-21,4
|
+84
|
+29,2
|
+132
|
+243,8
|
+351,4
|
+596,6
|
+155,4
|
References: TÜİK
Main Export Items of Türkiye:
Cotton, textile yarn, fabrics, textile machinery general industrial machinery and equipments, manufactures of metal, chemical materials and products
Main Import Items of Türkiye:
Cotton fabrics, articles of apparel, clothing accessories, synthetic dyes and colour lakes, polyvinyl chloride (PVC), rubber tyres
The 15th meeting of Joint Economic Commission (JEC) between Türkiye and Pakistan was held on 15-16 October, 2014 in Ankara..
Companies:
There are 17 firms operating in Pakistan. Turkish investments are mainly focused on energy, finance, infrastructure projects and contracting sectors. Construction is the leading sector for Turkish investors in Pakistan.
There are a total of 233 Pakistani capital firms in Türkiye. In the 2002-2019 period, the amount of direct investment made by Pakistani companies in our country is 80 million dollars. These companies mainly operate in the automotive, electronics, telecommunication, machinery, trade and banking sectors.