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Thursday, August 21, 2008

Economy Of Pakistan
Currency 100 Pakistani Rupee (PKR)


= 1.64908 US dollar
= 1.23810 euro
= 0.80096 Pound sterling

Fiscal year July 1June 30
Current fiscal year (2008—2009)
Central bank The State Bank of Pakistan (SBP)
Trade organizations and treaties ECO, SAFTA, ASEAN, WIPO and WTO
Fiscal Budget $27.5 billion (revenue)
$35 billion (expenditure)
Inflation 7.9% (2006 est.)[1] People
President Pervez Musharraf
Prime Minister Yousaf Raza Gilani
Commerce Minister Naveed Qamar
SBP Governor Dr. Shamshad Akhtar
SECP Razi ur Rehman Khan
Gross Domestic Product (GDP)
GDP at PPP $504.3 billion (2008) [2]
GDP at current exchange rates
GDP real growth rate (at PPP) 6.9%[2] (2008 est.)
GDP growth rate 6.6% (2008 est.)[3]
GDP per capita $3320.12 (2008)
GDP by sector agriculture: 19.6%
industry: 26.8%
services: 53.7%[3] (2007)
Demographics
Population 165,803,560 (2006 est.)
Population below poverty line 23% (2007)
Labor force 49.18 million
Unemployment rate 7.5% (2007 est.)
Production
Agricultural products cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs, shrimp, poultry, tea
Main industries textiles, chemicals, food processing, steel, transport equipment, automotives, machinery, beverages, construction, materials, clothing, paper products.
International trade
Imports (2007 est.) $30.99 billion

f.o.b (53rd[4]) (2006 est.)

Major imported commodities Petroleum, Petroleum products, Machinery, Plastics, Transportation equipment, Edible oils, Paper and paperboard, Iron and steel, Tea
Main import partners (2006) China 14.7%, Saudi Arabia 10.1%, UAE 8.7%, Japan 6.5%, United States 5.3%, Germany 5%, Kuwait 4.9% (2006 est.)[3]
Exports $20.58 billion (2007 est.)

(68th[5])

Major exported commodities textile goods (garments, bed linen, cotton cloths, and yarn), rice, leather goods, sports goods, chemicals manufactures, carpets and rugs.
Main export partners United States 22.4%, UAE 8.3%,UK 6%, China 5.4%, Germany 4.7% (2006 est.)
Overall balance of payments (2006) -$1.753 billion[6]
Note:
  1. Data is for 2006-07, unless specified otherwise.
  2. Pakistan's ranking, where applicable, are specified in brackets, and linked to the source data.
  3. CIA Pakistan Section from The World Factbook, dated February 12, 2008.
  4. Pakistan Government Website

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