List of Pakistani provinces by gross domestic product

From Wikipedia, the free encyclopedia
Jump to: navigation, search

This is a list of provinces of Pakistan by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective province) in nominal terms. GSP is the provincial-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity.

Dynamics[edit]

Pakistan, as of 2016, had a gross domestic product (GDP) of $304 billion US$[1]. This value can be further divided into the provincial levels (GSP), providing an outlook of how much value each province contributes to the national GDP. Pakistan has traditionally followed a "top-down" approach in its analysis of economic development; that is, authorities have scarcely attempted to break up national GDP statistics into provincial and subnational units and have focused more on the federation as a whole. Thus, many accounts of provincial GDPs that do exist have usually been projected estimates made by economists, based on the likely percentage of contribution of the respective province to the national GDP and some yearly studies.

As of 2016, Punjab had the largest economy in Pakistan (contributing 53.3% to Pakistan's GDP), followed by Sindh (29%), Khyber Pakhtunkhwa (9%) Balochistan (3.65%) Azad Kashmir(2.3%) and Gilgit-Baltistan (1.5%) respectively. Islamabad, the capital entity, contributes about 1%; while FATA contribute 0.5% according to economist.[2]

Punjab, which is the largest province in terms of population, dominates other provinces in contributing to the national economy. As of 2016, Punjab had a GDP of $162 billion[3] which has steadily continued to grow. It is featured well within the list of country subdivisions with a GDP over $100 billion. Sindh's GDP with 88 billion is to a large extent influenced by the economy of Karachi, its capital and Pakistan's largest city.

Provinces by GDP (nominal)[edit]

Figures are derived from statistics in 2017

Province or territory GSP
(Billions USD)
GSP per capita
USD
 Punjab, Pakistan 162.64 1,603
 Sindh 88.29 1,571
 Khyber Pakhtunkhwa 28.4 1,037
 Balochistan 11.43 839
 Azad Kashmir 7.21[4] 1,521
 Gilgit-Baltistan 4.1 1,905[5]
 Islamabad 4 1,900
Flag of Pakistan.svg Pakistan (GDP) 304 1,629

Top cities by GDP (PPP)[edit]

Pakistan and its three biggest city economies.[6]

The table below lists the top cities by their PPP GDP, based on a 2016 PricewaterhouseCoopers study and is not comparable with the figures listed in the table above.[6]

Rank City Province 2017 PPP GDP
(in USD)
Population
1 Karachi Sindh $223 billion 25 million
2 Lahore Punjab $127 billion 13 million
3 Faisalabad Punjab $64 billion 9 million
4 Islamabad Islamabad Capital Territory $14 billion 1.8 million
Rank City Province 2017 Nominal GDP
(in USD)
Population
1 Karachi Sindh $64 billion 25 million
2 Lahore Punjab $35 billion 13 million
3 Faisalabad Punjab $18 billion 9 million
4 Islamabad Islamabad Capital Territory $4 billion 1.8 million

Top cities by GDP (Nominal)[edit]

Pakistan and its two largest city economies. Source:[7]

The table below lists the top cities by their Nominal GDP in 2011, based on a study by the McKinsey Global Institute[8]

Rank City Province 2011 Nominal GDP
(in USD)
Population Per Capita Income
(in USD)
1 Karachi Sindh $32 billion 25.4 million $6,000
2 Lahore Punjab $13 billion 10.7 million $5,000

See also[edit]

References[edit]

  1. ^ Haider, Mehtab. "Size of Pakistan's Economy now 304 Billion". The News International. The News International. 
  2. ^ "Economics and Extremism". Dawn News. Shahid Javed Barki. Retrieved 10 July 2017. 
  3. ^ Express Tribune. Express Tribune https://tribune.com.pk/story/1257749/punjabs-gdp-higher-many-countries/. Retrieved 16 July 2017.  |first1= missing |last1= in Authors list (help); Missing or empty |title= (help)
  4. ^ "Rejuvenating the economic environment in Jammu & Kashmir" (PDF). CRC. September 2013. Retrieved 21 September 2016. 
  5. ^ "Health Budget and Expenditure Analysis (2008-09 to 2010-11)". Technical Resource Facility. May 2012. Retrieved 21 September 2016. 
  6. ^ a b Emerging market city economies set to rise rapidly in global GDP rankings says PricewaterhouseCoopers LLP Archived 2013-05-31 at the Wayback Machine.
  7. ^ "Urban world: Cities and the rise of the consuming class". Retrieved 2012-09-02. 
  8. ^ Urban world: Cities and the rise of the consuming class