ECONOMIC INFORMATION

 

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Population: 148.4m

 

Population growth: 2.41%

Population density (people per sq. km): 193

UN Human Development Index ranking: 142/177

Gross national income (current US$): $69.2bn (2003)

Gross national income per capita: $470

PPP Gross national income: $305.8bn

PPP Gross national income per capita: $2,060

GDP growth: 3.3% (2003)

GDP breakdown Agriculture: 23.3%, Industry: 23.49%, Services: 53.2%

Inflation (12-month average): 4.65 (2003)

Gross capital formation as % of GDP: 15.45%

Final consumption expenditure as % of GDP (growth): 84.4% (0.7%)

Exports of goods & services as % of GDP: 20.5%

Top 3 export markets: US, UAE, UK

Local industries: Textiles & apparel, food processing, pharmaceuticals,

construction materials

WEF Growth Competitiveness ranking * : 91/104

WEF Business Competitiveness ranking **: 73/103

WEF Quality of the Business Environment ranking: 75/103

Transparency International Corruption Perceptions ranking: 129/145

Languages : (official)

 

 

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FDI INFORMATION

 

Region: Southern Asia

No. of projects (Jan-Sep 2004): 34

Market-share of projects in the region: 3.2%

Value of projects relative to GDP : 0.05%

Top 3 destination sectors: Energy, metals/mining, telecom services

Top 3 business functions: Extraction, manufacturing,sales marketing & support

Top 3 source countries: US, China, Germany

Top 3 investors: Telenor, AMZO, GSB Technologies

 

 

IPA

 

Name: Pakistan Board of Investment

Web address: www.pakboi.gov.pk

* World Economic Forum Growth Competitiveness Ranking assesses an economy’s ability to grow consistently

** World Economic Forum Business Competitiveness Ranking assesses the microeconomic factors that contribute to economic growth

*** The difficulty of hiring workers and the difficulty and expense of firing workers is reflected as an index where the higher the value the more rigid the regulations