The Gross Domestic Product (GDP) in Pakistan was worth 338.37 billion US dollars in 2023, according to official data from the World Bank. The GDP value of Pakistan represents 0.32 percent of the world economy. This dataset provides - Pakistan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The gross domestic product (GDP) in current prices in Pakistan increased by 37.1 billion U.S. dollars (+10.99 percent) in 2024. In total, the GDP amounted to 374.6 billion U.S. dollars in 2024. The gross domestic product at current prices is defined based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like Bangladesh, India, and Sri Lanka.

GDP, PPP (current international $) in Pakistan was reported at 1494098200132 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP, PPP (current international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

In 2023, India’s real gross domestic product (GDP) growth rate was around 8.15 percent, the highest in South Asia. In contrast, Nepal reported the lowest real GDP growth rate in the region at approximately 1.95 percent that year, but it was forecasted to increase by 2.5 times to nearly 4.9 percent in 2025.Economy in South Asia In general, South Asia encompasses Sri Lanka, Pakistan, Afghanistan, Bangladesh, Nepal, India and Bhutan. In 2020, India had a GDP of over 2.6 trillion U.S. dollars, while Bangladesh and Sri Lanka followed. The Maldives and Bhutan were among the countries with the lowest GDP in the Asia-Pacific region. In South Asia, the main economic activities include the services sector as well as the industrial and manufacturing sectors.Society in South AsiaFrom the South Asian countries, Bangladesh had the highest share of people living below the poverty line. The Maldives and Sri Lanka exhibited the highest and second-highest GDP per capita among the South Asian countries in 2021.

GDP, PPP (constant 2017 international $) in Pakistan was reported at 1346223385115 USD in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Pakistan - GDP, PPP (constant 2005 international $) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

In 2024, the gross domestic product (GDP) per capita in Pakistan increased by 129.6 U.S. dollars (+8.89 percent) compared to 2023. In total, the GDP per capita amounted to 1,587.6 U.S. dollars in 2024. This indicator describes the gross domestic product per capita at current prices. Thereby the gross domestic product was first converted from national currency to U.S. dollars at current exchange prices and then divided by the total population. The gross domestic products is a measure of a country's productivity. It refers to the total value of goods and service produced during a given time period (here a year).Find more key insights for the gross domestic product (GDP) per capita in countries like Bangladesh, Afghanistan, and India.

Pakistan’s gross domestic product (GDP) growth was 5.77 percent in 2021 after adjusting for inflation.

GDP in developing nations

Gross domestic product measures value of all final goods and services produced within a country’s borders during a certain period of time. In developing countries, GDP should rise more quickly due to “catch-up growth”. In many developing nations, employment is shifted from agriculture to the services sector; simply shifting workers from one sector to more productive sectors increases the income of both the workers and their employers, increasing GDP. This raises GDP per capita (383750), which gives a general idea of the level of development.

International setting

Due to historic tensions, Pakistan neither imports nor exports a significant amount from its neighbor India, favoring China instead. Its other neighbors, Afghanistan and Iran, are not as economically stable at the moment. Pakistan's own GDP is also not in the best shape and is expected to drop during 2019, however, Pakistan stands to benefit from China’s Belt and Road Initiative, which would revive the trading routes that made Pakistan wealthy in past centuries. If this comes to fruition, the GDP for Pakistan is sure to increase.

The Gross Domestic Product per capita in Pakistan was last recorded at 5439.19 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Pakistan, when adjusted by Purchasing Power Parity is equivalent to 31 percent of the world's average. This dataset provides - Pakistan GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Total Imports Growth

• Pakistan Total Imports grew 9.9 % YoY in Jan 2025, compared with an increase of 13.1 % YoY in the previous month
• Pakistan Total Imports Growth data is updated monthly, available from Dec 1988 to Jan 2025, with an averaged rate of 13.8 %
• The data reached an all-time high of 100.0 % in Nov 2021 and a record low of -37.4 % in May 2020

• In the latest reports, Pakistan Total Imports recorded 5.3 USD bn in Jan 2025
• Total Exports reached 2.9 USD bn in Dec 2024, which registered an increase of 1.5 % year on year
• Pakistan Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025

Key information about Pakistan Foreign Direct Investment

• Pakistan Foreign Direct Investment (FDI) increased by 194.4 USD mn in Jan 2025, compared with an increase of 169.8 USD mn in the previous month.
• Pakistan Foreign Direct Investment: USD mn net flows data is updated monthly, available from Jul 1997 to Jan 2025.
• The data reached an all-time high of 1.3 USD bn in Jun 2008 and a record low of -390.9 USD mn in Oct 2018.

• In the latest reports of Pakistan, Current Account recorded a surplus of 1.5 USD bn in Dec 2024.
• Pakistan Direct Investment Abroad fell by 9.0 USD mn in Dec 2024.
• Its Foreign Portfolio Investment fell by 213.0 USD mn in Dec 2024.
• The country's Nominal GDP was reported at 341.3 USD bn in Jun 2023.

The gross domestic product (GDP) in current prices in Bhutan was forecast to continuously increase between 2024 and 2029 by in total two billion U.S. dollars (+63.49 percent). After the ninth consecutive increasing year, the GDP is estimated to reach 5.18 billion U.S. dollars and therefore a new peak in 2029. This indicator describes the gross domestic product at current prices. The values are based upon the GDP in national currency converted to U.S. dollars using market exchange rates (yearly average). The GDP represents the total value of final goods and services produced during a year.Find more key insights for the gross domestic product (GDP) in current prices in countries like India, Afghanistan, and Pakistan.

Key information about Pakistan Total Imports

• Pakistan Total Imports recorded 5.3 USD bn in Jan 2025, compared with a value of 5.4 USD bn in the previous month
• Pakistan Total Imports data is updated monthly, available from Jan 1996 to Jan 2025, with an average number of 3.3 USD bn
• The data reached an all-time high of 7.9 USD bn in Nov 2021 and a record low of 671.9 USD mn in Apr 1998

• In the latest reports, Pakistan Total Imports grew 9.9 % YoY in Jan 2025
• Total Exports grew 1.5 % YoY, to 2.9 USD bn in Dec 2024
• Pakistan Trade Balance recorded a deficit of 2.3 USD bn in Jan 2025

This dataset provides values for GDP reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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Cotton Market Size 2025-2029

The cotton market size is forecast to increase by USD 8.69 billion at a CAGR of 3.2% between 2024 and 2029.

The market is a significant contributor to the global economy, providing livelihoods for millions and supporting economic growth. Being the most commonly used natural fiber in textile production along with eco fiber, it accounts for one-third of all fibers produced worldwide. Cottonseed oil is among the diverse products derived from cotton, impacting export volumes and market trends. However, the industry faces challenges, including the adoption of new technologies by companies to enhance productivity and sustainability, as well as the overconsumption of water due to poor management and water pollution. These issues can negatively impact the market's growth and sustainability.
Moreover, the increasing demand for organic and sustainably produced cotton is a key trend driving market growth. Companies are responding by investing in sustainable farming practices and developing innovative technologies to reduce water usage and improve water management. Moreover, the rising popularity of Sleepwear and Loungewear, especially made from organic cotton, is further contributing to the market's expansion as consumers seek eco-friendly and comfortable clothing options. Overall, the market's future growth depends on the industry's ability to address these challenges and capitalize on emerging trends.

What will be the Size of the Cotton Market During the Forecast Period?

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The market encompasses Over-the-Counter (OTC) trading of cotton futures and options-based solutions, providing risk management tools for global textile mills and apparel manufacturing markets. Price volatility is a significant challenge In the market, impacting margins and long-term profitability. Our consulting and advisory services offer a strategic edge, enabling clients to navigate this complex market. Global cotton production and consumption are key drivers, with export demand for cotton fibers, yarn, and textile products influencing export volume in metric tons. 



Traditional diapers and garments are significant end-use industries, with apparel manufacturing markets showing consistent growth. Cotton fibers are a crucial raw material for the textile industry, making effective risk management essential for maintaining a competitive edge. Our team of experts stays updated on the latest market trends and developments to provide valuable insights and solutions.

How is this Cotton Industry segmented and which is the largest segment?

The cotton industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Cotton fiber
  Cotton seed oil
  Cotton seed


Distribution Channel

  Offline
  Online


Geography

  APAC

    China
    India


  Middle East and Africa



  North America

    Canada
    US


  South America



  Europe

    Germany
    UK
    France

By Application Insights

The cotton fiber segment is estimated to witness significant growth during the forecast period.

Cotton, a natural fiber grown in tropical and subtropical regions, is a significant component of the global textile industry. India is the leading producer of cotton, catering to one-third of the world's fiber production. The textile mills and apparel manufacturing sector's expansion fuels the cotton industry's growth. Consumer preferences influence market trends, driving demand for cotton. Despite being an export crop, major processing occurs in countries like China and India. The market experiences fluctuations due to various factors, necessitating strategic planning, and flexibility for stakeholders.

Furthermore, over-the-counter (OTC) trading platforms offer an alternative for managing market risks. Professional consulting and advisory services can provide century-long expertise, helping businesses navigate this market's complexities and secure consistent margins.

Get a glance at the Cotton Industry report of share of various segments. Request Free Sample

The cotton fiber segment was valued at USD 37.14 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 87% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific (APAC) region is the largest producer of cotton globally, with China being the foremost player. While a significant portion of cotton production in APAC is consumed domestically, Western countries primarily

Key information about Pakistan Money Supply M2

• Pakistan Money Supply M2 was reported at 127.303 USD bn in Jan 2025
• This records a decrease from the previous number of 127.923 USD bn for Dec 2024
• Pakistan Money Supply M2 data is updated monthly, averaging 56.248 USD bn from Jan 1988 to Jan 2025, with 445 observations
• The data reached an all-time high of 150.044 USD bn in Jun 2021 and a record low of 12.866 USD bn in May 1989
• Pakistan Money Supply M2 data remains active status in CEIC and is reported by CEIC Data
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Money Supply M2: USD: Monthly

GDP from Agriculture in Pakistan increased to 8982649 PKR Million in 2023 from 8784839 PKR Million in 2022. This dataset provides - Pakistan Gdp From Agriculture- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Pakistan Domestic Credit

• Pakistan Domestic Credit reached 168.6 USD bn in Jan 2025, compared with a reported figure of 168.7 USD bn in the previous month
• Pakistan Domestic Credit data is updated monthly
• It is available from Jun 2008 to Jan 2025 and averaged 128.2 USD bn
• The data reached an all-time high of 170.9 USD bn in Aug 2024 and a record low of 61.7 USD bn in Oct 2008

External Debt in Pakistan decreased to 131069 USD Million in the fourth quarter of 2024 from 133683 USD Million in the third quarter of 2024. This dataset provides - Pakistan External Debt - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2022, GDP per capita in Vietnam amounted to around 4,101.73 U.S. dollars. GDP is the total value of all goods and services produced in a country in a year. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth.

Vietnam’s economy In the last decade, the Vietnamese economy has experienced consistent economic growth with a six to seven percent increase in GDP from year to year. The country’s economy is fueled by its exports of natural resources and agricultural products, though since 2008 its information technology hardware exports have risen substantially. Vietnam’s agriculture and service sectors generate over 56 percent of Vietnam’s gross domestic product.

Vietnam’s population

The majority of Vietnam’s population works in the agriculture or service industries, and the country has one of the world’s lowest unemployment rates at just 1.8 percent in 2018. The population is relatively young, with the median age expected to reach 32.5 years by 2020. The median age has increased significantly from its low point of 18.2 years in 1970, around the time Vietnam was being devastated by war. Since then, the country’s population has increased as well, reaching over 94 million people in 2018.

Current expenditures on health per capita in current US dollars. Estimates of current health expenditures include healthcare goods and services consumed during each year.