Economy of Sindh: Difference between revisions
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Revision as of 10:03, 6 August 2011
The economy of Sindh is the 2nd largest out of all the provinces in Pakistan. Much of Sindh's economy is influenced by the economy of Karachi, the capital of the province and also the largest city and economic capital of the country. Sindh remarkably has a high GDP per capita was $1,400 in 2010 which is three times that of the rest of the nation or 1.33 times the national average. Historically, Sindh's contribution to Pakistan's GDP has been between 30% to 32.7%. Its share in the service sector has ranged from 21% to 27.8% and in the agriculture sector from 21.4% to 27.7%. Performance wise, its best sector is the manufacturing sector, where its share has ranged from 36.7% to 46.5%.[1] Since 1972, Sindh's GDP has expanded by 3.6 times.[2]
Endowed with coastal access, Sindh is a major centre of economic activity in Pakistan and has a highly diversified economy ranging from heavy industry and finance centred in and around Karachi to a substantial agricultural base along the Indus. Manufacturing includes machine products, cement, plastics, and various other goods.
Sindh is Pakistan's most natural gas producing province.
Agriculture is very important in Sindh with cotton, rice, wheat, sugar cane, bananas, and mangoes as the most important crops. Sindh is the richest province in natural resources of gas, petrol, and coal.