List of Pakistani provinces by gross domestic product
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.
Contents
Dynamics
Pakistan, as of 2009, had a gross domestic product (GDP) of $266,545 billion. 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.[1]
As of 2009, Punjab had the largest economy in Pakistan (contributing 57% to Pakistan's GDP), followed by Sindh (27.5%), Khyber Pakhtunkhwa (8%) and Balochistan (3%) respectively. Islamabad, the capital entity, contributes about 1%; while data for FATA is unreliable, according to economist Shahid Javed Burki, its gross state product is worth approximately 1.5% of the national GDP.[2] Figures for Kashmir (including Azad Kashmir and Gilgit-Baltistan) on the other hand are unavailable and not released as part of provincial estimates.
Punjab, which is the largest province in terms of population, dominates other provinces in contributing to the national economy. As of 2011, Punjab had a GDP of $104 billion[3][4] which has steadily continued to grow.[5] It is featured well within the list of country subdivisions with a GDP over $100 billion.[5] Sindh's GDP is to a large extent influenced by the economy of Karachi, its capital and Pakistan's largest city.
Provinces by GDP (nominal)
Figures are derived from statistics in 2009.
Province or territory | GSP (millions of USD) |
GSP per capita |
|
---|---|---|---|
Punjab | 104,930 | 1,200 | |
Sindh | 45,799 | 1,500 | |
Khyber Pakhtunkhwa | 13,323 | 606 | |
Balochistan | 4,996 | 757 |
Pakistan (GDP) | 166,545 | 955 |
---|
Top cities by GDP (PPP)
The table below lists the top cities by their PPP GDP, based on a 2013 PricewaterhouseCoopers study and is not comparable with the figures listed in the table above.[6]
Rank | City | Province | 2013 PPP GDP (in USD) |
Population |
---|---|---|---|---|
1 | Karachi | Sindh | $102 billion | 18.2 million |
2 | Lahore | Punjab | $40 billion | 7 million |
3 | Faisalabad | Punjab | $14 billion | 4.8 million |
Top cities by GDP (Nominal)
The table below lists the top cities by their Nominal GDP in 2013, based on a study by the McKinsey Global Institute[8]
Rank | City | Province | 2013 Nominal GDP (in USD) |
Population | Per Capita Income (in USD) |
---|---|---|---|---|---|
1 | Karachi | Sindh | $32 billion | 18.2 million | $6,000 |
2 | Lahore | Punjab | $13 billion | 7.352 million | $5,000 |
See also
References
- ↑ Economic Development - A View from the Provinces (Ikram, Khalid); Lahore School of Economics
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Punjab: Offering a window of untaped opportunity
- ↑ Punjab in Figures
- ↑ 5.0 5.1 Punjab’s Bounty and Its Economic Prospects, Shahid Javed Burki
- ↑ 6.0 6.1 https://www.ukmediacentre.pwc.com/imagelibrary/downloadMedia.ashx?MediaDetailsID=1562 Cite error: Invalid
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- ↑ Urban world: Cities and the rise of the consuming class