North America
Central & South America
Europe
Africa
Asia & Middle East
Southeast Asia & Oceania
Pakistan Business Report
General information
Source: The World Factbook - Central Intelligence Agency
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)
117/180Very 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
If you are looking for an Asia importer, Globartis is the place for you!
Visit our Business Opportunities page and find thousands of Asia companies.
On Globartis, you can connect with Pakistan manufacturers and Pakistani companies, and start doing business in Pakistan. Grow your Pakistan business with our platform: whether you are looking for Pakistan export or Pakistan import, Globartis is the place where you can find the right Pakistan company.
If you want to carry on your Asia trade from a big city in Asia, you can start doing business in Islamabad.
Join now our business network and develop your business in Asia!