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India vs. Pakistan: Economic Comparision 2017

Jun 12, 2017 11:17 IST

    In this article, we have compared the economies of India and Pakistan on the basis of Economic parameters like Gross Domestic Product, Per Capita Income, foreign debt and defence budget etc. Here you will read that Pakistan is like a tiny lamb in front of a giant elephant.

    1. Gross Domestic Product
    Pakistan: $ 273 billion (only 0.44% of the world economy)
    India: $2088 billion (world's seventh largest economy and accounts for 2.7% of World Economy).

    gdp of indian and pakistan
    Image source:IndiaTV Paisa

    2. Per Capita Income (2017)
    Pakistan: $1,142Per year
    India: $1,582 Per year

    Image source:Hindi - Goodreturns

    3.  Foreign debt:
    Pakistan: $ 757.47 billion (66% of GDP)
    India: $ 385 billion (64% of GDP)

    Image source:Trading Economics

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    4. Gold Reserves
    Pakistan: 64.50 tonnes
    India: 557.77 tonnes (It is known that India is the largest consumer of gold in the world)
    gold reserve in pakistan
    Image source:Cambridge Judge Business School

    5. Foreign Exchange Reserves
    Pakistan: $ 21,572 million
    India: $ 3,79,000 million (The highest level of India so far)

    6. FDI: (2017)
    Pakistan: $ 27.61 billion
    India: $ 43.48 billion

    fdi in pakistan
    Image source:Pinterest

    7. Growth Rate
    Pakistan: 4.71%
    India: 7.1% (highest in the world)

    8. Unemployment Rate
    Pakistan: 5.47%
    India: 4.9%
    unemployment rate in pakistan and india

    9. Literacy Rate (2011)
    Pakistan: 60%

    10. Poverty:
    Pakistan: 39%
    India: 30% (Rangarajan Committee 2011-12)

    poverty in pakistan
    Image source:news.xinhuanet.com

    11. Inflation Rate
    Pakistan: 4.78%
    India: 6.55%

    12. Size of Population
    Pakistan: 194 million
    India: 1342 million (second in the world)
    population in pakistan
    Image source:Pakistan Advertisers Society

    13. Military expenditure
    Pakistan: 0.6 lac crore
    India: 2.7 lacs crore

    military comparision pakistan india
    Image source:IBTimes UK

    14. Corruption Rank (2016)
    Pakistan: 116 (Score 29/100) - Score shows that Pakistan has more corruption as comparison to India.
    India: 79 (Score 38/100)

    15. Ease of Doing Business Rank
    Pakistan: 144 (2016)
    India: 130 (2017)

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    16. Contribution of Agriculture in Gross Domestic Product
    Pakistan: 25.03%
    India: 14%

    farmers in pakistan
    Image source:The Nation

    17. Population Indulge in Agriculture
    Pakistan: 43.50%
    India: 50%

    Bullock cart

    Image source:Wikipedia

    18. Road Coverage
    Pakistan: 263,942 km

    India: 4,699,024 km

    19. Rail Tracks
    Pakistan: 11,881 kms.
    India: 92,081 kms.
    train track in pakistan
    Image source: Pinterest

    20. Terrorism Index
    Pakistan: 8.61
    7.48 (India is less terrorize than Pakistan)

    terrorism index pakistan

    Image source:BBC
    After seeing the above figures, it can be said that Pakistan does not deserve to stand near about India either in terms of per capita income, Gross Domestic Product, foreign exchange reserve or military strength. Pakistan is far behind in terms of above mentioned parameters. The main reason behind the pitiable condition of Pakistan is that it wastes its resources in encouraging terrorism against India. Due to the bad results of terrorism the economy of Pakistan is not going on the path of development but it is leading towards the path of destruction.

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