any imports, and higher petroleum prices. Islamabad hopes these
moves will help make its exports more competitive. For the long run,
Pakistan must deal with serious problems of deteriorating
infrastructure, low literacy levels, and persistent law and order
problems in Karachi.

GDP: purchasing power parity - $274.2 billion (1995 est.)

GDP real growth rate: 4.7% (1995 est.)

GDP per capita: $2,100 (1995 est.)

GDP composition by sector:
agriculture: 24%
industry: 27%
services: 49% (1995 est.)

Inflation rate (consumer prices): 13% (1995 est.)

Labor force: 36 million
by occupation: agriculture 46%, mining and manufacturing 18%,
services 17%, other 19%
note: extensive export of labor

Unemployment rate: NA%

Budget:
revenues: $11.9 billion
expenditures: $12.4 billion, including capital expenditures of $NA
(FY94/95)

Industries: textiles, food processing, beverages, construction
materials, clothing, paper products, shrimp

Industrial production growth rate: 5% (1995 est.)

Electricity:
capacity: 12,530,000 kW (1995)
production: 43.3 billion kWh (1995)
consumption per capita: 389 kWh (1993)

Agriculture: cotton, wheat, rice, sugarcane, fruits, vegetables;
milk, beef, mutton, eggs

Illicit drugs: major illicit producer of opium and hashish for the
international drug trade; remains world's fourth largest opium
producer (155 metric tons in 1995); major center for processing
Afghan heroin and key transit area for Southwest Asian heroin moving
to Western market

Exports: $8.7 billion (1995 est.)
commodities: cotton, textiles, clothing, rice, leather, carpets
partners: US, Japan, Hong Kong, Germany, UK, UAE, France

Imports: $10.7 billion (1995 est.)
commodities: petroleum, petroleum products, machinery,
transportation equipment, vegetable oils, animal fats, chemicals
partners: Japan, US, Germany, UK, Saudi Arabia, Malaysia, South Korea

External debt: $26 billion (1995 est.)

Economic aid:
recipient: ODA, $697 million (1993)
note: $2.5 billion (includes bilateral and multilateral aid but no
US commitments) (FY93/94); $3 billion (includes bilateral and
multilateral aid but no US commitments) (FY94/95)

Currency: 1 Pakistani rupee (PRe) = 100 paisa

Exchange rates: Pakistani rupees (PRs) per US$1 - 34.339 (January
1996), 31.643 (1995), 30.567 (1994), 28.107 (1993), 25.083 (1992),
23.801 (1991)

Fiscal year: 1 July - 30 June