Pakistan's semi-industrialized economy is the 25th largest in the world in purchasing power parity.
The economy of Pakistan is the 25th largest in the world in terms of purchasing power parity -LRB- PPP -RRB- , and 42nd largest in terms of nominal gross domestic product .. 25th largest. List of countries by GDP ( PPP ). purchasing power parity. purchasing power parity. 42nd largest. List of countries by GDP ( nominal ). gross domestic product. gross domestic product. Pakistan. Pakistan. Pakistan has a population of over 190 million -LRB- the world 's 6th-largest -RRB- , giving it a nominal GDP per capita of $ 1,428 , which ranks 147th in the world for 2016 .. 147th. List of countries by GDP ( nominal ) per capita. Pakistan. Pakistan. 6th-largest. List of countries by population. GDP per capita. GDP ( nominal ) per capita#Per unit GDP. 147th in the world. List of countries by GDP ( PPP ) per capita. However , Pakistan 's undocumented economy is estimated to be 36 % of its overall economy , which is not taken into consideration when calculating per capita income .. Pakistan. Pakistan. 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 .. Pakistan. Pakistan. Next Eleven. Next Eleven. However , after decades of war and social instability , as of 2013 , serious deficiencies in basic services such as railway transportation and electric power generation had developed .. The economy is semi-industrialized , with centres of growth along the Indus River .. Indus River. Indus River. Primary export commodities include textiles , leather goods , sports goods , chemicals and carpets / rugs .. textiles. textiles. chemicals. chemicals. Growth poles of Pakistan 's economy are situated along the Indus River ; the diversified economies of Karachi and major urban centers in the Punjab , coexisting with lesser developed areas in other parts of the country .. Karachi. Economy of Karachi. Pakistan. Pakistan. Indus River. Indus River. Punjab. Economy of Punjab, Pakistan. The economy has suffered in the past from internal political disputes , a fast-growing population , mixed levels of foreign investment .. foreign investment. foreign direct investment. Foreign exchange reserves are bolstered by steady worker remittances , but a growing current account deficit -- driven by a widening trade gap as import growth outstrips export expansion -- could draw down reserves and dampen GDP growth in the medium term .. Foreign exchange reserves. Foreign exchange reserves. Pakistan is currently undergoing a process of economic liberalization , including privatization of all government corporations , aimed to attract foreign investment and decrease budget deficit .. Pakistan. Pakistan. economic liberalization. economic liberalization. foreign investment. foreign direct investment. In 2014 , foreign currency reserves crossed $ 18.4 billion which has led to stable outlook on the long-term rating by Standard & Poor 's .. In 2016 , BMI Research report named Pakistan as one of the ten emerging economies with a particular focus on of its manufacturing hub .. manufacturing. manufacturing. Pakistan. Pakistan. BMI Research. BMI Research. 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 .. IMF. International Monetary Fund. World Bank. World Bank. Pakistan. Pakistan. foreign investment. foreign direct investment. China-Pakistan Economic Corridor. China-Pakistan Economic Corridor. According to the World Bank , poverty in Pakistan fell from 64.3 % in 2002 to 29.5 % in 2014 .. World Bank. World Bank. Pakistan. Pakistan. Pakistan 's fiscal position continues to improve as the budget deficit has fallen from 6.4 % in 2013 to 4.3 % in 2016 .. Pakistan. Pakistan. The country 's improving Macroeconomic position has led to Moody 's upgrading Pakistan 's debt outlook to `` stable '' .. Pakistan. Pakistan