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Country Profile - Pakistan

COUNTRY OVERVIEW

Pakistan is a country in South Asia. It is the fifth-most populous country with a population exceeding 209,970,000 people. Pakistan has a 1,046-kilometre (650-mile) coastline along the Arabian Sea and Gulf of Oman in the south and is bordered by India to the east, Afghanistan to the west, Iran to the southwest, and China in the far northeast. It is separated narrowly from Tajikistan by Afghanistan’s Wakhan Corridor in the northwest, and also shares a maritime border with Oman.

Pakistan

General Information:

 

Capital: Islamabad

Language: Punjabi 48%, Sindhi 12%, Saraiki (a Punjabi variant) 10%, Pashto (alternate name, Pashtu) 8%, Urdu (official) 8%, Balochi 3%, Hindko 2%, Brahui 1%, English (official; lingua franca of Pakistani elite and most government ministries), Burushaski, and other 8%

Religion: Muslim (official) 96.4% (Sunni 85-90%, Shia 10-15%), other (includes Christian and Hindu) 3.6% (2010 est.)

Currency: Pakistani Rupee

Cryptocurrency: Almost a year after a blanket ban on cryptocurrencies, Pakistan has come a long way in its attitude towards digitial currencies. In 2019 it was announced that Pakistan would be implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime. 

GMT:  (+) 3

A regional and middle power, Pakistan has the sixth-largest standing armed forces in the world and is also a nuclear power as well as a declared nuclear-weapons state, the second in South Asia and the only nation in the Muslim world to have that status. Pakistan has a semi-industrialised economy with a well-integrated agriculture sector and a growing services sector. The Pakistani economy is the 24th-largest in the world in terms of purchasing power and the 41st-largest in terms of nominal GDP (World Bank). It is ranked among the emerging and growth-leading economies of the world, and is backed by one of the world’s largest and fastest-growing middle class.

 

 

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