Economy of Pakistan
|
GDP
|
374,6 billion Dollars (2024)
|
|
Sectors
|
%62 service, %19 agriculture, %19 industrial, (2024)
|
|
Real GDP Growth Rate
|
%3,2 (2024)
|
|
GDP Per Capita (USD)
|
1.590 (2024, Nominal)
|
|
Inflation Rate
|
%9,5 (2024)
|
|
Unemployment Rate
|
%7,5 (2024)
|
|
Total Foreign Currency Reserves
|
16 billion Dollars (January/2025)
|
|
Number of Workers Abroad
|
More than 10 million
|
|
Total Export
|
32,3 billion Dollars (2024)
|
|
Main Partners (Export)
|
US, China, United Kingdom, Germany, Netherlands
Afghanistan,
|
|
Total Import
|
56,7 billion Dollars (2024)
|
|
Main Partners (Import)
|
China, UAE, Indonesia, US, Saudi Arabia, Qatar
|
|
Currency
|
Pakistani rupee (PKR) 1 Dollar=282.95 PKR (13 June 2025)
|
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)
|
|
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
|
Export
|
462
|
550,1
|
620,1
|
773,1
|
818,7
|
550,4
|
918,2
|
|
Import
|
330
|
306,3
|
268,7
|
314,8
|
432,3
|
455,4
|
440,1
|
|
Volume
|
792
|
865,4
|
888,9
|
1.088
|
1.251
|
1.005,9
|
1.358,3
|
|
Balance
|
+132
|
+243,8
|
+351,4
|
+458,2
|
+386
|
+94,9
|
+478,100
|
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:
The total number of Turkish investments in Pakistan is around two billion
dollars as of 2024. Turkish contracting companies have undertaken 72
projects in Pakistan with a total value of around 3.5 billion dollars.
A total of 420 Pakistani companies are currently operating in Türkiye. The
amount of direct investment made by Pakistani companies in Türkiye is
around 700 million dollars in several areas such as automotive, electronics
and telecommunications.