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    India vs. Pakistan: Economic Comparision 2018

    As of now the size of India Economy has become $2088 billion which tagged it as the 7th largest economy in the whole world. On the other hand, the size of Pakistan's economy is about $273 billion. So, India's GDP is almost 7 times larger than Pakistan's economy.
    Created On: Feb 19, 2019 12:10 IST
    Modified On: Feb 19, 2019 15:00 IST
    India VS Pakistan Economy
    India VS Pakistan Economy

    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).

    2. Per Capita Income (2018)
    Pakistan: Rs.180,204 Per year
    India: Rs 1,12,835 Per year

    3.  Foreign debt:
    Pakistan: Rs.29.861 trillion or 86.8 percent of GDP
    India: US$ 529.7 bn

    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: US $6.9 bn
    India: US $ 400 bn

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

    fdi in pakistan
    Image source:Pinterest

    7. Growth Rate
    Pakistan: 5.7%
    India: 7.4% (highest in the world)

    8. Unemployment Rate
    Pakistan: 5.9%
    India: 6.1%
    unemployment rate in pakistan and india

    9. Literacy Rate (2011)
    Pakistan: 60%

    10. Poverty:
    Pakistan: 24.3%
    India: 28% (UNDP Report 2018)

    poverty in pakistan

    11. Inflation Rate
    Pakistan: 4.78%
    India: 2.49%

    12. Size of Population
    Pakistan: 1970 million
    India: 1362 million (second in the world)

    13. Military expenditure
    Pakistan: Rs. 1.1 trillion (2018)
    India: 3.18 lacs crore (Budget 2019)

    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: 264,401 km (2018)

    India: 5.5 million KMS (2018)

    19. Rail Tracks
    Pakistan: 11,881 kms.
    India: 115,000 km
    train track in pakistan
    Image source: Pinterest

    20. Global Terrorism Index 2018
    Pakistan: 8.18
    7.57 (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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