Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia.
It is the fifth-most populous country, with a population of over 241.5 million, having the second-largest Muslim population as of 2023.
Islamabad is the nation’s capital, while Karachi is its largest city and financial center. Pakistan is the 33rd-largest country by area.
Surrounded by the Arabian Sea on the south, the Gulf of Oman on the southwest, and the Sir Creek on the southeast, it shares land borders with India to the east; Afghanistan to the west; Iran to the southwest; and China to the northeast. It shares a maritime border with Oman in the Gulf of Oman, and is separated from Tajikistan in the northwest by Afghanistan’s narrow Wakhan Corridor.
Pakistan’s economy ranks 24th globally by purchasing power parity (PPP) and 43rd by nominal GDP. Pakistan is a developing country.
In recent years, Pakistan has faced social instability and macroeconomic imbalances, with deficiencies in services like rail transportation and electrical energy generation. The semi-industrialized economy has growth centers along the Indus River. The diversified economies of Karachi and Punjab’s urban centers coexist with less-developed areas in other parts of the country, particularly in Balochistan.
Pakistan ranks as the 67th-largest export economy and the 106th-most complex economy globally, with a negative trade balance of US$23.96 billion in fiscal year 2015–16.
Pakistan Exports
Now from April 2025, India – Pakistan has no trade ties.
Where does Pakistan Export?
The increasing proportion of Pakistan’s youth provides the country with both a potential demographic dividend and a challenge to provide adequate services and employment.[406] 21.04% of the population live below the international poverty line of US$1.25 a day. The unemployment rate among the aged 15 and over population is 5.5%.
Pakistan has currently, 5.8% of unemployment rates and the inflation in the country is approximately 13%.
Pakistan has taken 24th loan from the International Monetary Funds (IMF) becoming the only country in world with highest number of loans taken from IMF.
The country continues to face challenges, including poverty, illiteracy, corruption, and terrorism.
Pakistan is a member of the United Nations, the Shanghai Cooperation Organization (SCO), the Organization of Islamic Cooperation, the Commonwealth of Nations, the South Asian Association for Regional Cooperation (SAARC), and the Islamic Military Counter-Terrorism Coalition, and is designated as a major non-NATO ally by the United States.
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