Pakistan’s economy continues to demonstrate resilience and recovery, with the country achieving a per capita GDP of $1,680 in FY2024. Projections for FY2025 estimate further growth to $2,405, underscoring Pakistan’s commitment to sustainable and inclusive development.
Islamabad led the way with a per capita GDP of $2,996, significantly exceeding several regional benchmarks, including India’s national average of $2,106. The federal capital’s economic performance reflects targeted development and investment strategies.
In provincial rankings, Punjab reported a per capita income of $1,713.60, marginally surpassing the national average by 2%. Sindh emerged as a standout performer with a per capita income of $1,748, reflecting its robust economic activity.
Khyber Pakhtunkhwa (KPK) and Balochistan, often grappling with security and infrastructural challenges, recorded steady progress with $1,388.41 and $1,106, respectively. Meanwhile, Gilgit-Baltistan and Azad Jammu and Kashmir reported per capita incomes of $1,550 and $1,730, highlighting efforts toward balanced regional development.
India’s Regional Disparities Highlight Stark Contrast
In comparison, India’s regional disparities remain a cause for concern. While southern states report a per capita income of $3,421, Hindutva-dominated northern regions lag significantly behind with only $813, exposing sharp economic inequalities.
India also faces a mounting poverty crisis, with the UNDP and Oxford Poverty and Human Development Initiative identifying it as having the highest global poverty rate. An alarming 234 million people in India live below the poverty line. Adding to the economic distress, youth unemployment has surged dramatically, rising from 35.2% to 65.7%, according to the International Labour Organization (ILO).
Pakistan’s economic recovery comes despite enduring a $150 billion loss over two decades due to foreign-sponsored terrorism and the socio-economic burden of hosting 4 to 5 million Afghan refugees. Despite these challenges, Pakistan’s steadfast commitment to stability and growth remains evident.
