Islamabad is the Federal Capital of Pakistan that houses Government Ministries, diplomatic missions,nation and international financial institutions, development sector organizations and a large number ofbusinesses houses and industries. The main industrial area are located in I-9 ,I-10 sectors and Kahutatriangle. The major industries operating in these areas are steel manufacturing, marble,pharmaceuticals, flour, soap and chemicals, oil and ghee, light engineering, IT and food processing etc.
The total population in the urban and rural areas of Islamabad is approximately 2.2 million that
contributes 1% to country’s GDP. Islamabad Stock Exchange, was established here in 1989, which is
Pakistan's third largest stock exchange after Karachi Stock Exchange and Lahore Stock Exchange, and
was merged to form Pakistan Stock Exchange. The exchange had 118 members with 104 corporate
bodies and 18 individual members. The average daily turnover of the stock exchange is over 1 million
shares.
According to the World Bank's Doing Business Report of 2010, Islamabad was ranked as the best place
to start a business in Pakistan. Islamabad's businesses are Pakistan's most compliant for paying tax dues.
As of 2012, Islamabad LTU (Large Tax Unit) was responsible for Rs 371 billion in tax revenue, which
amounts to 20% of all the revenue collected by Federal Board of Revenue.
Islamabad has seen an expansion in information and communications technology with the addition two
Software Technology Parks, which house numerous national and foreign technological and information
technology companies. Some jobs have relocated from India to Islamabad. Awami Markaz IT Park
houses 36 IT companies, while Evacuee Trust houses 29 companies. Islamabad will see its third IT Park
by 2020, which will be built with assistance from South Korea.
Success Stories
Economic Overview of Pakistan
Overview |
Last |
Reference |
Previous |
Range |
GDP Annual Growth Rate (%) |
5.3 |
Dec/19 |
4.24 |
-1.8Â : 10.22 |
Unemployment Rate (%) |
5.7 |
Dec/17 |
5.8 |
3.1 : 7.8 |
Inflation Rate (%) |
12.42 |
Dec/19 |
12.3 |
-10.32Â : 37.81 |
Interest Rate (%) |
13.25 |
Nov/19 |
13.25 |
5.75 : 19.5 |
Balance of Trade (PKR Million) |
-299795 |
Nov/19 |
-319584 |
-452668Â : 6457 |
Current Account (USD Million) |
-1548 |
Sep/19 |
-3168 |
-6308Â : 1418 |
Current Account to GDPÂ (%) |
-4.8 |
Jun/19 |
-6.3 |
-8.5Â : 4.9 |
Government Debt to GDPÂ (%) |
72.5 |
Dec/18 |
67 |
56.4 : 87.9 |
Government Budget (% of GDP) |
-5.8 |
Dec/19 |
-4.2 |
-8.8Â : 8.8 |
Consumer Confidence (points) |
41.92 |
Nov/19 |
44.27 |
29.05 : 55.97 |
Corporate Tax Rate (%) |
31 |
Dec/18 |
31 |
30 : 43 |
Personal Income Tax Rate (%) |
20 |
Dec/18 |
20 |
20 : 30 |
Trade |
Last |
Reference |
Previous |
Range |
Balance of Trade (PKR Million) |
-299795 |
Nov/19 |
-319584 |
-452668Â : 6457 |
Current Account (USD Million) |
-1548 |
Sep/19 |
-3168 |
-6308Â : 1418 |
Current Account to GDPÂ (%) |
-4.8 |
Jun/19 |
-6.3 |
-8.5Â : 4.9 |
Exports (PKR Million) |
312420 |
Nov/19 |
315698 |
51 : 315698 |
Imports (PKR Million) |
612215 |
Nov/19 |
635282 |
96 : 734578 |
External Debt (USD Million) |
106891 |
Sep/19 |
106312 |
33172 : 106891 |
Terms of Trade (points) |
60.6 |
Sep/19 |
58.7 |
49.2 : 94.8 |
Remittances (USD Million) |
5478 |
Sep/19 |
5747 |
906 : 5747 |
Gold Reserves (Tonnes) |
64.63 |
Dec/19 |
64.63 |
64.38 : 65.44 |
Capital Flows (USD Million) |
-1996 |
Sep/19 |
-284 |
-5364Â : 1620 |
Crude Oil Production (BBL/D/1K) |
92 |
Aug/19 |
92 |
50 : 97 |
Foreign Direct Investment (USD Million) |
108 |
Oct/19 |
385 |
-368Â : 1263 |
Terrorism Index |
7.89 |
Dec/18 |
8.18 |
6.12 : 9.07 |
Business |
Last |
Reference |
Previous |
Range |
Industrial Production (%) |
-7.92 |
Oct/19 |
-5.42 |
-21.82Â : 35.15 |
Manufacturing Production (%) |
132 |
Oct/19 |
-5.51 |
-19.65Â : 132 |
Changes in Inventories (PKR Million) |
217127 |
Dec/18 |
209611 |
51700 : 217127 |
Internet Speed (KBps) |
2327 |
Mar/17 |
2436 |
391 : 2508 |
IP Addresses (IP) |
2921934 |
Mar/17 |
2917426 |
125909 : 2921934 |
Cement Production (Thousands of Tonnes ) |
4092 |
Oct/19 |
3410 |
864 : 4092 |
Competitiveness Index (Points) |
51.36 |
Dec/19 |
51.08 |
3.41 : 51.36 |
Competitiveness Rank |
110 |
Dec/19 |
107 |
83 : 133 |
Corruption Index (Points) |
33 |
Dec/18 |
32 |
10 : 33 |
Corruption Rank |
117 |
Dec/18 |
117 |
39 : 144 |
Ease of Doing Business |
108 |
Dec/19 |
136 |
85 : 148 |
Electricity Production (Gigawatt-hour) |
13482 |
Jun/19 |
13105 |
4195 : 15790 |
Industrial Production Mom (%) |
-1.19 |
Oct/19 |
5.96 |
-17.72Â : 31.76 |
Markets |
Last |
Reference |
Previous |
Range |
Currency |
155 |
Jan/20 |
154 |
56.2 : 164 |
Stock Market (points) |
41550 |
Jan/20 |
42323 |
748 : 53127 |
Government Bond 10YÂ (%) |
11.03 |
Jan/20 |
11.02 |
4.17 : 95.15 |