The economy of Pakistan is the 26th largest in the world in terms of purchasing power parity (PPP), and 40st largestin terms of nominal gross domestic product. Pakistan has a population of over 190 million (the world’s 6th-largest), giving it a nominal GDP per capita of $1,427, which ranks 133rd in the world. However, Pakistan’s undocumented economy is estimated to be 36% of its overall economy, which is not taken into consideration when calculating per capita income. Pakistan is a developing country and is one of the Next Eleven, the eleven countries that, along with the BRICS, have a potential to become one of the world’s large economies in the 21st century.

GDP                            $285 billion (nominal, 2016)

                                   $982 billion (PPP, 2016

GDP                            26th (PPP)/36th (nominal)

GDP growth             Increase 4.71%(2016)

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