Economy of Pakistan
economy of the country
Pakistan has a developing mixed economy with a large agriculture sector. It is the 40th-largest in terms of nominal GDP and the 20th-largest economy by purchasing power parity (PPP) as of 2026. In per capita terms, the Pakistani economic output ranks 160th by nominal GDP and 138th by PPP GDP. Economic development in Pakistan is varied with growth centers located along the Indus River. Major urban centers with diversified economies include Karachi and the broader Punjab region, including Faisalabad, Lahore, Sialkot, Rawalpindi, and Gujranwala. With a large population exceeding 250 million, Pakistan is sensitive to immigration, natural disasters and regional armed conflict.
Historically reliant on its private sector, Pakistan underwent nationalization in the 1970s, with a focus on its financial services, manufacturing, and transportation industries. It converted to an Islamic economic system in the following decade, outlawing economic practices forbidden under Shari'a law. During the 1990s, the underdeveloped Pakistani economy began to privatize strategic sectors again becoming a semi-industrial nation by the 21st century. It has been dependent on agriculture and its textile industry for the majority their foreign exports. Pakistan has endured a variety of economic and financial crises, with the nation recovering from a protracted malaise since 2025.
“Economy of Pakistan” enters the record as economy of the country. Crown Archives preserves that source wording while asking what Economy, Pakistan and economy can confirm, complicate or overturn.
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This entry incorporates text from “Economy of Pakistan” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.