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Pakistan

Frontier

BRICS · PSX (Pakistan Stock Exchange) · PKR

S&P Rating

CCC+

GDP (Nominal)

$407B

Nominal USD

GDP Growth

+3.7%

Year-on-Year

Inflation

3.5%

CPI Annualised

Market Cap

$70B

Equity Market

Equity Mkt / GDP: 17%

Economy Overview

A detailed economy overview for this market is being prepared. The macro figures shown are live and current.

Post-IMF stabilisation and PKR devaluation have reset Pakistan's real exchange rate. PSX is one of EM's cheapest markets on a P/E basis — frontier investors who timed the 2023 IMF rescue saw 80%+ equity returns.

Key Sectors

TextilesAgricultureFinance & BankingServices

Economic Profile

ClassificationFrontier
RegionBRICS
CurrencyPKR
Primary ExchangePSX (Pakistan Stock Exchange)
Listed Companies535
GDP / Capita$1,596
Population255M

Monetary & Fiscal

CB Policy Rate20.5%
FX Reserves$26B
Debt / GDP70%
Current Account-0.1% of GDP
S&P RatingCCC+
Unemployment5.4%

Data Sources:

World Bank World Development Indicators (2025)BIS policy rates · IMF World Economic OutlookILO Labour StatisticsS&P Global RatingsWorld Federation of Exchanges2024 estimates · For intelligence purposes only