The Economy of Pakistan
Pakistan at a Glance
Pakistan is a populous South Asian economy dependent on agriculture, textiles and remittances, and repeatedly squeezed by balance-of-payments crises.
Pakistan has more than 240 million people, making it one of the world’s most populous countries, with a young population and a large informal economy.
Sectors
Agriculture employs about a third of workers, textiles dominate exports and services form the largest share of GDP.
Strengths
A large young workforce, a big domestic market and diaspora remittances.
Weaknesses
Low tax collection, energy shortages, low investment and frequent external financing crises.
Cotton grown in Punjab is spun and woven into cloth and garments for export.
Its structure and challenges differ.
- Pakistan is very populous.
- Agriculture and textiles are central.
- Remittances matter.
- Balance-of-payments crises recur.
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