ECONOMY
Industry:
Pakistan ranks forty-first in the world and fifty-fifth worldwide in factory output.
Pakistan's industrial sector accounts for about 24% of GDP. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 66% of the merchandise exports and almost 40% of the employed labour force. Other major industries include cement, fertilizer, edible oil, sugar, steel, tobacco, chemicals, machinery, and food processing.
The government is privatizing large-scale parastatal units, and the public sector accounts for a shrinking proportion of industrial output, while growth in overall industrial output (including the private sector) has accelerated. Government policies aim to diversify the country's industrial base and bolster export industries.
- Industries: textiles (8.5% of the GDP), fertilizer, cement, oil refineries, dairy products,food processing, beverages, construction materials, clothing, paper products, shrimp
- Industrial production growth rate: 6% (2005)
- Large-scale manufacturing growth rate: 19.9% (2005)
Agriculture:
Pakistan is one of the world's largest producers and suppliers of the following according to the 2005 Food and Agriculture Organization of The United Nations and FAOSTAT given here with ranking:
- Chickpea (2nd)
- Apricot (4th)
- Cotton (4th)
- Sugarcane (4th)
- Milk (5th)
- Onion (5th)
- Date Palm (6th)
- Mango (3rd)
- Tangerines, mandarin orange, clementine (8th)
- Rice (8th)
- Wheat (9th)
- Oranges (10th)
Pakistan ranks fifth in the Muslim world and twentieth worldwide in farm output. It is the world's fifth largest milk producer.
Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Agriculture accounts for about 23% of GDP and employs about 44% of the labor force. Zarai Taraqiati Bank Limited is the largest financial institution geared towards the development of agriculture sector through provision of financial services and technical know how.
Tourism:
While Pakistan has some social and political problems, it has also been stated as being the tourism industry's big thing. Pakistan has diverse cultures, people and landscapes.
The country's attraction range from the ruin of civilization such as Mohenjo-daro, Harappa and Taxila, to the Himalayan hill stations, which attract those interested in field and winter sports. Pakistan is home to several mountain peaks over 7000m, which attracts adventurers and mountaineers from around the world, especially K2.
The north part of Pakistan have many old fortress and tower and architecture and the Hunza and Chitral valley, home to small pre-Islamic Animist Kalasha community claiming descent from Alexander the Great. The romances of the North West Frontier Province is timeless and legend. In the Punjab is the site of Alexander's battle on the Jhelum River and the historic city Lahore, Pakistan's cultural capital, with many examples of Mughal architecture such as Badshahi Masjid and Shalimar Gardens and Tomb of Jahangir and the Lahore Fort. Before the Global economic crisis Pakistan received more than 500,000 tourists.
To promoting Pakistans unique and various cultural heritage, PM launch "Visit Pakistan" marketing campaign in 2007.
In 2009, The World Economic Forum’s Travel & Tourism Competitiveness Report ranks Pakistan as one of the top 25% tourist destinations for its World Heritage sites. Ranging from mangroves in the South, to the 5,000-year-old cities of the Indus Valley Civilization —Mohenjo-daro and Harappa—.