Pakistan Economy
Pakistan is a South Asian country that was established in 1947. Its neighboring regions include India, Iran, Tajikistan, Afghanistan, and China. It is located along the Arabian Sea and has a coastline spanning 1,046-kilometre (650 mi). The mountain ranges of Karakoram and Pamir in the northern and western highlands of the country include K2 and Nanga Parbat which are counted among the highest peaks in the world. The major by-air gateways to Pakistan are Islamabad, Karachi and Lahore. It can also be reached by train from India and Iran. Pakistan’s main cities are Quetta, Gawadar, Peshawar, Sialkot, Multan and Faisalabad.
- GDP - real growth rate:
_ GDP (official exchange rate): $166.5 billion (2009 est.)
_ GDP - per capita (PPP):
_ $2,600 (2009 est.)
_ $2,500 (2008 est.)
_ $2,500 (2007 est.)
_ Inflation rate (consumer prices):
_ 14.2% (2009 est.)
_ 20.3% (2008 est.)
Population: 168,976,500 (2010 estimate)
The Pakistan economy faces several long term challenges such as curbing inflation and expanding investment in healthcare, education, and electricity production.