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Pakistan Business Report

General information
Source: The World Factbook - Central Intelligence Agency
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Population
204,924,861 (July 2017 est.)
GDP (PPP)
$1.057 trillion (2017 est.)

GDP growth rate
5.3% (2017 est.)

High and accelerating, with a lot of upward potential

GDP (PPP) per capita
$5,400 (2017 est.)

Very low

Local currency
Pakistani rupee (PKR)

Weak but quite stable currency

Financial stability (Public debt)
67.2% of GDP (2017 est.)

Medium to high but stable

Inflation
4.1% (2017 est.)

Medium to high

Language
Punjabi 48%, Sindhi 12%, Saraiki (a Punjabi variant) 10%, Pashto (alternate name, Pashtu) 8%, Urdu (official) 8%, Balochi 3%, Hindko 2%, Brahui 1%

English (official; lingua franca of Pakistani elite and most government ministries)

Corruption perception index (Source: Transparency International)
117/180

Very high level of corruption

Duties and tax
Source: PwC World Tax Summaries 2017-2018
VAT

17% standard sales tax rate
Corporate Tax

30% standard rate
Duties

Customs and certain other duties are collected at the import stage at varying rates classified under the Harmonized System (HS) Code

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