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The sector, as a whole, provides employment to 3.5 million people and plays a pivotal role in promoting the growth of the vendor industry. Pakistan's auto market is considered among the smallest, but fastest growing in South Asia. Over 180,000 cars were sold in the fiscal year 2014–15, rising to 206,777 units fiscal year 2015–16. this is an ...
The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th largest producer of automobiles. Its contribution to the national exchequer is nearly US$5.4 ...
Name Headquarters Assets (2021) Industry Net income (2021) Habib Bank Limited: Karachi: US$26.3 billion [6]: Banking: US$217 million: Pakistan State Oil: Karachi
The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959. Pakistan suffered its only economic decline in GDP between 1951 and 1952. [3]
Large Scale Manufacturing is the fastest-growing sector in the Pakistani economy. [75] Major Industries include textiles, fertiliser, cement, oil refineries, dairy products, food processing, beverages, construction materials, clothing, paper products, and shrimp. In Pakistan, SMEs have a
It is Pakistan's largest and oldest producer of alcoholic products. In 2015, it produced 10 million litres of beer, along with hundreds of tons of single malt whisky, vodka and brandy. [ 2 ] [ 3 ] Founded by the British in 1860, it is a publicly traded company listed on the Pakistan Stock Exchange , and its products are exported to India and ...
It is also one of the fastest-growing middle-income countries. It has the world's 33rd largest GDP in nominal terms and is the 27th largest by purchasing power adjusted exchange rates (476015 trillion). Bangladesh's economic growth was 6.4% in 2022. [30] Pakistan has an economy of ($40 billion nominal GDP. [31]
According to the Economic complexity index, Pakistan is the 67th largest export economy in the world and the 106th most complex economy. [10] During the fiscal year 2015–16, Pakistan's exports stood at US$20.81 billion and imports at US$44.76 billion, resulting in a negative trade balance of US$23.96 billion.