The
economy of Pakistan is the
26th largest in the world in terms of
purchasing power parity (PPP), and
41th largest in 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
133th 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. However, after decades of war and social instability, as of 2013, serious deficiencies in basic services such as railway transportation and electric power generation had developed. The economy is semi-industrialized, with centres of growth along the Indus River. Primary export commodities include textiles, leather goods, sports goods, chemicals and carpets/rugs.