Pakistan Economy

Salient Features: Low-income country with promising growth but transition to middle-income nation held back by chronic problems including rapidly rising population, sizable government deficits, heavy dependence on foreign aid, large military expenditures, and recurrent governmental instability.
Gross Domestic Product (GDP): In FY 1993, equivalent of US$50.8 billion, or about US$408 per capita; GDP growth rate averaged 5.3 percent a year between 1950 and 1993.
Agriculture: Declined over the past four decades from 53 percent of GDP in 1950 to 25 percent of GDP in FY 1993, but still employs about 48 percent of labor force. Notable for having world's largest continuous irrigation canal system.
Industry: Leading growth component of economy, industry (including mining, manufacturing, and utilities) accounted for about 21.7 percent of GDP in FY 1993, up from 8 percent in FY 1950, and employed 13 percent of labor force.
Services: Services, including construction, trade, transportation and communications, and other services, accounted for 53.3 percent of GDP in FY 1993 and employed 39 percent of labor force. About 7 percent of civilian work force employed in construction, 13 percent in trade, 5 percent in transportati



	Report on Peace Initiative by Pakistan- Fake or Genuine .... income at $360. The size of the Pakistan economy today is about $60 billion. Bangladesh stands at $50 billion. But superior economic .... (2115 8 )

	All about Pakistan .... By 1990 Pakistan's economy was four times as large as it was at the time of independence in 1947, its population was three and a half times as large, and its .... (3290 13 )

	Pakistan .... over the last decade are as under: That the high level of defence expenditure in Pakistan has resulted in an adverse impact on Pakistan's economy cannot be .... (3835 15 )

	Devaluation Of Pakistan's Currency .... had infected the autocracies of the previous regimes leading to unfavorable and unprofitable economic policies that cause Pakistan 's economy to backslide .... (2476 10 )

	Fan Industry .... to make this sector a major contributor to the export earnings of the country and to enable it to play due role in the development of Pakistan economy. .... (2345 9 )

Foreign Aid: Dependent on foreign aid for development efforts and balancing debt payments. United States the largest donor of aid since independence; all United States military aid, and all new civilian commitments ended October 1990.

Balance of Payments and External Debt: Negative balance of trade in early and mid-1990s. In FY 1992, exports US$6.9 billion and imports US$9.3 billion, resulting in trade deficit of approximately US$2.4 billion. Trade deficit expected to increase to US$2.5 billion in 1993. World Bank estimated US$24.1 billion external debt in 1992.

rtation, and 14 percent in other services.

Some topics in this essay:
International Trade, United States, GDP, Export, Gross Domestic Product, Pakistan, International Economics, Balance Of Trade, Petroleum, Energy Sources,

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PROFESSIONAL ESSAYS:

ECONOMIC DEVELOPMENT OF MOZAMBIQUE & PAKISTAN .... An unidentified official of the IMF recently said: "We are very positive about Pakistan's economy and prospects for its economic growth" (Economist, 7 February .... (2233 9 )

Pakistan & Ready-to-war Apparel Industry .... shift represents a significant growth for the industry and increased the level of importance which the ready-made industry enjoys within the Pakistan economy. .... (2973 12 )

Blood Feuding in Thull Community of Pakistan .... Kohistani tribal community in the Hindu-Kush Mountains of Pakistan" (vii .... how historical changes in religious ideology and political economy transformed violence .... (1277 5 )

Jobs and the US Economy .... have moved to low-labor-coast nations in Southeast Asia, India and Pakistan; but also .... Part of this job decline is the move from an agricultural economy to a .... (1102 4 )

Islamic Fundamentalism in Pakistan .... conclusion of which, after a period in which the country's economy suffered profound .... carried him to victory in 1990 and relying on the Pakistan Muslim League .... (2302 9 )

Regime Rule in 20th Century Bangladesh .... leader to do so since the country gained independence from Pakistan in 1974. .... Crippling strikes and trade blockages caused the economy and living conditions to .... (1178 5 )

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