Explanation

• The Services Sector recorded the highest growth in FY 2020–21.
• Services: 4.43% — Highest
• Industrial Sector: 3.57%
• Agriculture Sector: 2.77%
• The growth reflected Pakistan’s economic recovery after the severe disruption caused by COVID-19.

Last verified on 06-09-2026

Explanation

• Pakistan’s economy largely depends on the textile sector, which is based on cotton production.
• Cotton and cotton manufactured products are the largest share of Pakistan’s exports.
• The textile industry includes yarn, cloth, garments, and towels exported worldwide.
• Major export markets include USA, China, UK, Germany, and UAE.

Last verified on 08-03-2026

Explanation

• Industrial sector: 20.30%
• Agriculture sector: A major contributor to Pakistan's GDP.
• Services sector: The largest broad sector of Pakistan's economy.
• Major industrial activity: Manufacturing.
• Other components: Mining, electricity, gas, and construction.

Last verified on 02-09-2026

Explanation

Pakistan's growth from 2016 to the latest available FY2025-26 is approximately

Explanation

• Agriculture is known as the backbone of Pakistan's economy.
• It provides food, raw materials, and employment to a large portion of the population.
• Agriculture supports many industries, especially the textile industry, by supplying cotton.
• It contributing 24% to GDP and employing 42% of the workforce, with major crops.
• Major crops include wheat, cotton, rice, sugarcane, and maize.

Last verified on 26-07-2026

Explanation

• GDP is the total value of all goods and services produced within a country during one year.
• It measures a country’s economic performance.
• Only includes production inside national borders, regardless of who produces it.
• It is calculated annually by government statistical agencies.

Last verified on 25-06-2026

Explanation

• Total reserves: ~$13 billion (approx.)
• Managed by: State Bank of Pakistan
• Components: SBP reserves + Commercial bank reserves
• Purpose: Import payments, currency stability
• Source factors: Exports, remittances, loans

Last verified on 20-06-2026

Explanation

• The financial year of Pakistan starts on 1 July.
• It ends on 30 June of the next year.
• This period is used for budget and tax calculations.
• It is also called the fiscal year.
• Government budgets are announced according to this cycle.

Last verified on 30-04-2026

Explanation

• Inflation means a continuous rise in the general price level of goods and services.
• It reduces the value of money over time.
• With inflation, people can buy fewer goods with the same amount of money.
• It affects the economy, purchasing power, and cost of living.
• It is measured using price indices like CPI (Consumer Price Index).

Last verified on 10-06-2026

Explanation

• Pakistan’s foreign policy focuses on protecting national sovereignty and interests.
• A key objective is defending the country’s ideological frontiers (Islamic identity).
• It also aims to achieve economic, political, and security interests.
• Ministry of Foreign Affairs Pakistan manages these objectives.
• Pakistan maintains relations based on peace, cooperation, and national interest.

Last verified on 01-05-2026