Pakistan is now world’s 40th largest economy

The worlds's economy

Updated: Pakistan is world’s 40th largest economy by Gross Domestic Product (GDP) ranking, an IMF (International Monetary Fund) ranking reveals.

Based on 2015 IMF figures, with a population of 190 million, Pakistan’s GDP stands at $270 billion.

According to 2014 World Bank figures, with a population of 185 million, Pakistan’s GDP stood at $247 billion.

By GDP purchasing power parity (PPP) ranking, Pakistan stands at No 24, according to World Bank 2014 report. Our GDP PPP is $982 billion. In 2017, our GDP PPP is forecasted to cross the $1-trillion-mark.


This is how we grew in GDP, current since 2003. In 2015, our GDP was $270 billion.

Here is a list of some familiar economies Pakistan is ahead of in 2015:

43 Ireland ($238B)

45 Bangladesh ($206B)

47 Greece ($195B)

49 Vietnam ($191B)

50 Qatar ($185B)

53 Kazakhstan ($173B)

55 New Zealand ($172B)

56 Iraq ($170B)

57 Kuwait ($121B)

Pakistan is now world's 40th largest economy

Pakistan ranking in all the four 2015 lists: IMF, World Bank, United Nations, CIA Factbook.


Harvard predicts Pakistan GDP to grow by 5% over next 10 years

Pakistan is the world’s fastest-growing Muslim economy: The Economist

Pakistan GDP set to grow by 5.3% by 2020: IMF

Pakistan to upgrade to emerging-market status

The world’s largest five economies (GDP real) are:

1 USA (GDP $18 trillion)

2 China (GDP $11 trillion)

3 Japan (GDP $4.1 trillion)

4 Germany (GDP $3.3 trillion)

5 UK (GDP $2.8 trillion)


This is how our GDP growth was – from 2003 and forecasted till 2020. In 2015, our GDP growth was 4.2 percent.

According to a conservative estimate by PriceWaterhouseCooper (PwC), Pakistan (now at 26) will be 15th largest economy by GDP (PPP) in 2050.

A PwC graphic below:


With a GDP of $2.1 trillion currently, our South Asia neighbour India is at No 7.

The ranking of some significant Muslim countries ahead of Pakistan is below:

Indonesia ($859B) at No 16

Turkey ($733B) at No 18

Saudi Arabia ($653B) at No 20

Nigeria ($490B) at No 24

Iran ($388B) at No 29

UAE ($345B) at No 31

Egypt ($330B) at No 32

Malaysia ($296B) at No 34

The world’s combined GDP is $73 trillion.

According to 2050 projections by HSBC bank, Pakistan economy is likely to grow by 5 percent by 2050. An HSBC graph below:


Pakistan: The brighter side:

China-Pakistan Economic Corridor projects pick up pace

China-Pakistan Economic Corridor: 15 years, 3 routes, 51 projects

$7.6B 1,800km TAPI gas pipeline to be operational in 2018

Naya Pakistan: Travel from Pindi to Islamabad in 20¢ in wifi-ed AC bus

Rs 154B Orange Line Metro Train for Lahore

Green Line train from Islamabad to Karachi with free wifi

Groundbreaking of Karachi’s Green Line Bus project

Pakistan is less corrupt than last year. This is good news. What’s the bad news?

Pakistan world’s least expensive country: World Bank

Pakistan petrol prices 18th lowest in the world

By 2050, with an estimated GDP of $3.33 trillion, Pakistan is expected to become the world’s 18th largest economy, according to Goldman Sachs.

A BBC graphic below.

More on this: Wali on The Pakistan 2050 Opportunity


See also, some other indices on Pakistan:

Pakistani passport ranked second worst for international travel

Pakistan 11th strongest military in the world

Pakistan’s global competitiveness – in 11 photos

In World Bank’s 2016 Doing Business Report, Pakistan ranks 138

Pakistan at rock bottom in Human Capital Index 2015

Pakistan ranks 5th in terrorism-affected countries list

Pakistan 10th most fragile country

As S Asia ups economic game, Pakistan risks falling behind: WSJ. The question is why?

91% Pakistanis have access to drinking water: Unicef/WHO

Pakistan 65th most vulnerable country to face climate change

Which country has the worst air pollution? | Hint: Pakistan

2025 forecast: In medium term, by 2025, Pakistan will be world’s 23rd largest economy. Pakistan’s GDP (PPP) in 2025 will be $1.25 trillion and GDP Nominal will be $484 billion.

2020 forecast: Here’s how Pakistan’s economic performance has been since 1980 on three measures – 1) GDP, 2) GDP PPP and 3) GDP growth:


Do not miss our Understanding Pakistan Series

Wali on The Pakistan 2050 Opportunity

Wali on Pakistan of future

A miracle: Pakistan score in Long Term Orientation goes from Zero to 50

Pakistani culture through 6-D Model

Native languages in Pakistan

How future oriented are we?

How we messed up Pakistan: A series by Wali

Pakistan’s two value crimes no one talks about

What Pakistan needs is not education but a Project Ignorance

Pakistan, emerging economies growing better than G7 nations

According to PriceWaterhouseCooper (PwC), growth in emerging economies will outpace growth in developed nations over the coming decade.

The graphic above shows Pakistan and other N11 emerging economies growing better than G7 nations.


  1. There is definitely an interplay between the professional approach and the moral values being followed by the ruling class affecting the outlook of nations. Like Colombians i wish we get some uncorruptables taking over the fate of the country in their hands. For that they have to divorce from all the luxuries of life and resort to bare minimum survivable requirements. But question is do we have those elements in society? Or will they be able to get to power through peaceful democratic process? Its going to be a “long walk to freedom” from clutches of vultures, therefore, young educated generation will have to create a consensus among them to prepare for the future (2050) to achieve the forcasted results or even beyond. The days of revolutions are over and progress is possible through incremental improvements in all institutions which has to be inclusive instead of being absolute as these are today.
    Good Job Mr. Wali Zahid

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