Economic Statistics

Pakistan is a country plagued with a number of factors contributing to its stagnant economy. A large population living in a comparatively small area, combined with little incentive for foreign investment and an already considerable national debt, makes economic development in Pakistan a challenge indeed. While 25% of government funds are derived from foreign loans and grants, a staggering 50% of government funds are dedicated to repaying such loans. Also, Pakistan suffers from a high inflation rate, best observed in the decreasing value of Pakistan's form of currency, the Rupee. The exchange rate has increased from 30.9 rupees per dollar in 1995, to 51.9 rupees per dollar in 1999.

Gross Domestic Product : $282 billion (estimated in 1999)

GDP Growth Rate : 3.1% (estimated in 1999)

Inflation Rate : 6% (estimated in 1999)

Revenues : $10 billion

Expenditures : $11.7 billion

Military Expenditures : $2.435 billion, 3.9% of GDP

Exports : $8.4 billion 

Imports : $9.8 billion 

Population living in a state of poverty : 34% (estimated 1991)

Unemployed : 7% (for the fiscal year of 98-99)

GDP per capita : $2,000 (estimated in 1999)