Facts about Pakistan Economy

  • Pakistan is a developing country and is one of the Next Eleven, the eleven countries and have a potential to be among the world’s large economies in the 21st century.
  • In 2016, BMI Research report named Pakistan as one of the ten emerging economies with a particular focus on of its manufacturing hub.
  • Pakistan is the world’s first Islamic country to attain nuclear power and it has one of the strongest world armies. It ranks 26th in the largest economies of the world and has the second best performing stock exchange.
  • Pakistan has the largest canal-based irrigation system in the world.
  • According to a poll organised by the Institute of European Business Administration, from 125 countries, Pakistanis have been ranked the fourth most intelligent people across the globe. Pakistan has the seventh largest collection of scientists and engineers.
  • Pakistan is ranked 95th in terms of industrial production even though it has 4th largest coal and 7th largest copper reserves in the world.
  • The Khewra Mines are Pakistan’s oldest and the world’s second largest salt mines.
  • Pakistan is famous for jewelry products and one one of the largest producers of jewelry. The gold and silver jewelry made by Pakistani artists is loved by people all around the world.
  • Gwadar port is the largest deep sea port in the world, located at the South Western Arabian Sea, along the coast line of Balochistan, Pakistan. This port is considered a lifeline in the region’s economy. Pakistan has agreed on a collaboration with China to turn Gwadar into a full scale commercial port.
  • About 25% of Pakistan’s total land area is under cultivation and is watered by the largest irrigation system in the world. Pakistan irrigates three times more acres than Russia.
  • In October 2016, the IMF chief Christine Lagarde confirmed her economic assessment in Islamabad that Pakistan’s economy was ‘out of crisis’. The World Bank predicts that by 2018, Pakistan’s economic growth will increase to a “robust” 5.4% due to greater inflow of foreign investment, namely from the China-Pakistan Economic Corridor.
  • According to PricewaterhouseCoopers, based on projected Global GDP by Purchasing Power Parity (PPP) by 2030, Pakistan will be ranked amongst top 20 powerful economies.
  • Sialkot, located in Pakistan, is the world’s largest producer of handsewn footballs. Local factories in the region produce 40-60 million footballs a year, which is roughly 50-70% of the world’s total production.
  • Pakistan has the world’s largest ambulance network. Pakistan’s Edhi Foundation, which is also listed in the Guinness Book of World Records, operates the network.
  • The United States, Hong Kong S.A.R., Germany, United Kingdom, Japan and the United Arab Emirates are major export trade partners of Pakistan.
  • Pakistan Is Ranked 4th In Terms Of Broadband Internet Growth In The World.

Others

  • Women have the same rights as men, including voting and being educated, a woman has been a prime minister in the past, there are many female judges as well.
  • The highest batting partnership formed by two players playing in their first Test matches in the sport of Cricket is 249 runs by Khalid Ibadulla (b. 20 December 1935) and Abdul Kadir (b. 1944, d. 2002) for Pakistan against Australia in Karachi, Pakistan, in the match played 24-29 October 1964
  • Karachi, the largest city of Pakistan, is its financial hub as well as home to almost 17 million people. It also has a major seaport.
  • According to a survey, Pakistan has one of the world’s top national anthem tunes.
  • The Shah Faisal Mosque in Pakistan can accommodate 100,000 worshipers at a time. It was the largest mosque in the world from 1986 until 1993.
  • The majority of Pakistan’s population is Muslim, amounting to 96.4%, while the rest includes Hindus and Christians.
  • Moenjo Daro, Harappa, Taxila, Kot Diji, Mehr Garh, Takht Bhai, Juniper Shaft cave, the Murghagull Gharra cave and Mughall saa cave are major archaeological sites in Pakistan.
  • There are: 916 hospitals, 4600 dispensaries, 113,206 registered doctors, 552 rural health centers and 6741 women’s health workers in Pakistan.
  • Pakistan Holds 4 Out Of The Top 14 Highest Peaks In The World; K2 Is The 2nd Highest Mountain In The World.
  • Pakistan Holds 4 Out Of The Top 14 Highest Peaks In The World; K2 Is The 2nd Highest Mountain In The World.
  • Pakistan Has The World’s Highest Paved International Road – The Karakoram Highway, Which Is Said To Be The 8th Wonder Of The World.
  • Pakistan Treasures One Of The Rare Species Of Dolphin Known As ‘Blind Dolphin’ In Waters Of Indus River, One Of The Longest Rivers In The World.
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