significant inroads in macroeconomic
reform - it completed an IMF short-term loan program for the first time
and improved its standing with international creditors by increasing
revenue collection and restraining the fiscal deficit in the 2001/02
budget. While Pakistan has capitalized on its international standing after
the 11 September terrorist attacks on the US by garnering substantial
assistance from abroad - including $1.3 billion in IMF Poverty Reduction
and Growth Facility aid and $12.5 billion in Paris Club debt rescheduling
- long-term prospects remain uncertain. GDP growth will continue to
hinge on crop performance; dependence on foreign oil leaves the import
bill vulnerable to fluctuating oil prices; and foreign and domestic
investors remain wary of committing to projects in Pakistan. Pakistani
trade levels - already in decline due to the global economic downturn -
worsened in the aftermath of the September 11 attacks.
GDP: purchasing power parity - $299 billion (2001 est.)
GDP - real growth rate: 3.3% (2001 est.)
GDP - per capita: purchasing power parity - $2,100 (2001 est.)
GDP - composition by sector: agriculture: 26% industry: 24% services:
50% (2001 est.)
Population below poverty line: 35% (2001 est.)
Household income or consumption by percentage share: lowest 10%: 4.1%
highest 10%: 27.7% (1997)
Distribution of family income - Gini index: 31.2 (1996-97)
Inflation rate (consumer prices): 4% (2001 est.)
Labor force: 40.4 million note: extensive export of labor, mostly to
the Middle East, and use of child labor (2000)
Labor force - by occupation: agriculture 44%, industry 17%, services 39%
(1999 est.)
Unemployment rate: 6.3% (2001 est.)
Budget: revenues: $8.9 billion expenditures: $11.6 billion, including
capital expenditures of $NA (FY00/01 est.)
Industries: textiles, food processing, beverages, construction materials,
clothing, paper products, shrimp
Industrial production growth rate: 7% (2001 est.)
Electricity - production: 62.687 billion kWh (2000)
Electricity - production by source: fossil fuel: 64.09% hydro: 35.31%
other: 0% (2000) nuclear: 0.6%
Electricity - consumption: 58.299 billion kWh (2000)
Electricity - exports: 0 kWh (2000)
Electricity - imports: 0 kWh (2000)
Agriculture - products: cotton, wheat, rice, sugarcane, fruits,
vegetables; milk, beef, mutton, eggs
Exports: $8.8 billion (f.o.b., 2001)
Exports - commodities: text
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