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).
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
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)
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
7. Growth Rate
India: 7.1% (highest in the world)
8. Unemployment Rate
9. Literacy Rate (2011)
India: 30% (Rangarajan Committee 2011-12)
11. Inflation Rate
12. Size of Population
Pakistan: 194 million
India: 1342 million (second in the world)
Image source:Pakistan Advertisers Society
13. Military expenditure
Pakistan: 0.6 lac crore
India: 2.7 lacs crore
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)
16. Contribution of Agriculture in Gross Domestic Product
Image source:The Nation
17. Population Indulge in Agriculture
18. Road Coverage
Pakistan: 263,942 km
India: 4,699,024 km
19. Rail Tracks
Pakistan: 11,881 kms.
India: 92,081 kms.
Image source: Pinterest
20. Terrorism Index
India: 7.48 (India is less terrorize than Pakistan)
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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