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Economy of Pakistan vs Qatar compared: GDP & Debt

Updated on by Georank team

Pakistan has a GDP of $372B compared to $219B for Qatar, ranking 43/197 and 56/197 by economy size, respectively.

Pakistan has $262B in government debt (70.4% of GDP), compared to $90.2B (41.2% of GDP) in Qatar.

Pakistan vs Qatar GDP by year

Pakistan
Qatar
1x
Year GDP, current $
Pakistan Qatar
2024 $371,570,000,121 $219,162,637,363
2023 $336,686,348,609 $217,308,516,484
2022 $374,890,295,667 $235,709,340,659
2021 $348,516,647,445 $179,732,142,857
2020 $300,425,609,818 $144,411,538,462
2019 $320,909,472,771 $176,371,428,571
2018 $356,128,166,705 $183,335,164,835
2017 $339,205,534,861 $161,099,175,824
2016 $313,630,000,130 $151,732,142,857
2015 $299,963,590,535 $161,739,835,165
2014 $271,390,474,858 $206,224,725,275
2013 $258,657,231,672 $198,727,747,253
2012 $250,106,966,105 $186,833,516,484
2011 $230,586,581,060 $167,775,274,725
2010 $196,709,621,850 $123,627,197,802
2009 $187,337,783,856 $97,798,351,648
2008 $202,203,748,584 $115,270,054,945
2007 $184,140,869,997 $79,712,087,912
2006 $161,871,385,506 $60,882,142,857
2005 $145,208,562,961 $44,530,494,505
2004 $132,216,048,339 $31,734,065,934
2003 $112,371,913,741 $23,533,791,209
2002 $97,923,302,809 $19,363,736,264
2001 $97,145,618,480 $17,538,461,538
2000 $99,484,802,345 $17,759,890,110
1999 $62,973,857,069 $12,393,131,868
1998 $62,191,955,814 $10,255,495,027
1997 $62,433,340,468 $11,297,802,115
1996 $63,320,170,084 $9,059,340,385
1995 $60,636,071,684 $8,137,911,978
1994 $52,293,470,813 $7,374,450,769
1993 $51,809,999,353 $7,156,593,654
1992 $48,884,671,947 $7,646,153,984
1991 $45,625,336,680 $6,883,516,484
1990 $40,010,423,970 $7,360,439,423
1989 $40,171,106,279 $6,487,912,088
1988 $38,472,742,808 $6,038,187,033
1987 $33,351,529,275 $5,446,428,681
1986 $31,899,070,056 $5,053,021,951
1985 $31,144,920,844 $6,153,296,456
1984 $31,151,825,467 $6,704,395,824
1983 $28,691,889,764 $6,467,582,308
1982 $30,725,971,564 $7,596,703,214
1981 $28,100,606,061 $8,661,263,764
1980 $23,654,444,444 $7,829,165,262
1979 $19,688,383,838 $5,632,962,997
1978 $17,811,515,152 $4,052,000,413
1977 $15,126,060,606 $3,617,564,638
1976 $13,168,080,808 $3,284,273,987
1975 $11,230,606,061 $2,512,773,166
1974 $8,899,191,919 $2,401,403,227
1973 $6,383,429,490 $793,885,560
1972 $9,415,016,360 $510,262,500
1971 $10,665,896,682 $387,703,106
1970 $10,027,509,450 $301,791,302
1969 $8,683,116,338 -
1968 $8,041,999,160 -
1967 $7,464,510,710 -
1966 $6,561,108,778 -
1965 $5,929,231,415 -
1964 $5,204,955,901 -
1963 $4,630,827,383 -
1962 $4,310,163,797 -
1961 $4,118,647,627 -
1960 $3,749,265,015 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/pakistan/qatar | CC BY

GDP per capita in Pakistan vs Qatar by year

Pakistan
GDP per capita

GDP per capita, PPP
Qatar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Pakistan Qatar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,479 $6,252 $76,689 $126,046
2023 $1,360 $6,014 $81,817 $129,368
2022 $1,538 $5,920 $88,701 $122,921
2021 $1,455 $5,367 $71,752 $116,833
2020 $1,278 $5,048 $51,684 $82,149
2019 $1,390 $5,038 $66,841 $107,503
2018 $1,569 $4,979 $71,040 $110,033
2017 $1,519 $4,790 $63,280 $99,358
2016 $1,425 $4,631 $61,254 $89,935
2015 $1,380 $4,480 $68,985 $102,546
2014 $1,267 $4,313 $95,841 $148,389
2013 $1,225 $4,174 $103,697 $169,203
2012 $1,204 $4,047 $108,470 $180,939
2011 $1,132 $3,880 $103,262 $174,620
2010 $987 $3,786 $76,463 $151,646
2009 $964 $3,777 $60,786 $125,898
2008 $1,067 $3,721 $80,781 $126,015
2007 $998 $3,672 $65,954 $124,056
2006 $901 $3,515 $62,582 $127,181
2005 $828 $3,293 $53,950 $115,250
2004 $772 $3,048 $41,036 $110,958
2003 $672 $2,822 $31,602 $94,120
2002 $600 $2,688 $27,227 $93,177
2001 $610 $2,644 $25,871 $89,805
2000 $642 $2,565 $27,535 $88,849
1999 $418 $2,475 $20,234 $84,690
1998 $424 $2,419 $17,665 $84,486
1997 $438 $2,398 $20,523 $79,219
1996 $457 $2,401 $17,125 $62,331
1995 $451 $2,315 $15,823 $60,321
1994 $400 $2,224 $14,765 $59,415
1993 $408 $2,160 $14,770 $59,125
1992 $396 $2,132 $16,280 $60,387
1991 $380 $1,992 $15,133 $54,759
1990 $344 $1,895 $16,722 $55,659
1989 $358 - $15,243 -
1988 $354 - $14,682 -
1987 $317 - $13,719 -
1986 $314 - $13,213 -
1985 $317 - $16,815 -
1984 $327 - $19,272 -
1983 $311 - $19,616 -
1982 $345 - $24,385 -
1981 $328 - $29,505 -
1980 $287.4 - $28,375 -
1979 $249.2 - $21,777 -
1978 $233.4 - $16,757 -
1977 $204.7 - $16,058 -
1976 $183.9 - $15,710 -
1975 $161.7 - $13,014 -
1974 $132 - $13,540 -
1973 $97.5 - $4,905 -
1972 $148.1 - $3,483 -
1971 $172.5 - $2,952 -
1970 $166.7 - $2,594 -
1969 $148.5 - - -
1968 $141.6 - - -
1967 $135.2 - - -
1966 $122.2 - - -
1965 $113.6 - - -
1964 $102.5 - - -
1963 $93.7 - - -
1962 $89.5 - - -
1961 $87.8 - - -
1960 $82 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/pakistan/qatar | CC BY

Pakistan's GDP per capita is $1,479, ranking 163/197, compared to $76,689 in Qatar, ranking 11/197. Adjusted for purchasing power (GDP per capita PPP), Pakistan ranks 150th at $6,252, while Qatar ranks 5th at $126,046.

Economic indicators

Pakistan Qatar
Gross domestic product
$372B
2024
$219B
2024
GDP rank
43/197
2024
56/197
2024
GDP growth
3.05%
2023-2024
2.36%
2023-2024
GDP per capita
$1,479
2024
$76,689
2024
GDP per capita rank
163/197
2024
11/197
2024
GDP per capita, PPP
$6,252
2024
$126,046
2024
GDP per capita PPP rank
150/197
2024
5/197
2024
Government debt
$262B
2024
$90.2B
2024
Debt-to-GDP ratio
70.4%
2024
41.2%
2024
Government debt per person
$1,041
2024
$31,579
2024
Government debt per person rank
140/185
2024
23/185
2024
Average annual personal income after taxes
$1,668
2026
$35,660
2026
Market capitalization of domestic companies
$52.1B
2024
$170M
2024
Number of millionaires n/a
26,163
2025
Number of billionaires n/a
2
2025
Income share by richest 10%
25.5%
2018
25.8%
2017
Income share by poorest 10%
4.2%
2018
2.6%
2017
Government expenditure, % of GDP
19.5%
2024
26%
2024
Consumer prices inflation
12.6%
2023-2024
1.27%
2023-2024
Central bank interest rate
10.5%
2025
4.1%
2025
Unemployment rate
6.96%
2025
0.13%
2022
Population
260356147
2999260

Spending and national debt comparison by year

Pakistan
Spending

Debt
Qatar
Spending

Debt
1x
Year % of GDP
Pakistan Qatar
Government spending Government debt Government spending Government debt
2024 19.5% 70.4% 26% 41.2%
2023 19.3% 78.5% 27.3% 43.7%
2022 20% 77.3% 24.3% 42.6%
2021 18.5% 74.7% 29.4% 58.4%
2020 20.3% 80.8% 34.7% 72.6%
2019 19.1% 78.7% 32.5% 62.1%
2018 19.1% 66.3% 28.9% 52.2%
2017 19.1% 62.1% 34.7% 51.6%
2016 17.7% 62.1% 40.1% 46.7%
2015 17.8% 59.1% 38.6% 35.5%
2014 18.1% 58.8% 32.3% 24.9%
2013 19.5% 59.2% 28.3% 30.9%
2012 19.4% 58.4% 31% 32.1%
2011 17.9% 56.2% 28.5% 33.5%
2010 18.3% 56.7% 32% 30.4%
2009 17.3% 54.6% 36.4% 36%
2008 18% 49.5% 23.5% 11.4%
2007 16.1% 44.2% 29.5% 9.37%
2006 14.5% 46.2% 29.5% 13.9%
2005 13% 47.9% 29% 19.1%
2004 12.1% 50.6% 29.9% 30.1%
2003 12.9% 56.3% 28.5% 38.8%
2002 14.4% 60.5% 31.6% 47.7%
2001 12.9% 65.1% 32.1% 59.2%
2000 13.8% 61.7% 29.8% 51.6%
1999 13.2% 60.7% 42.4% 81.8%
1998 14.1% 53.8% 55.1% 76.6%
1997 13.7% 52.8% 47.6% 54.4%
1996 15% 52.5% 55.2% 57.8%
1995 14% 52.3% 52.2% 50.2%
1994 14.5% 58.5% 59.8% 54.8%
1993 17% 57.9% 62.8% 46.3%
1992 22.6% 53.3% 54.2% 19.9%
1991 21.4% 55.8% 57.5% 21.8%
1990 23.9% 48.3% 50% 12.6%
1989 26.1% 46.6% - -
1988 27.9% 45% - -
1987 29.5% 44.4% - -
1986 27.6% 43.1% - -
1985 28.3% 37% - -
1984 25.4% 33.4% - -
1983 24.8% 33.6% - -
1982 24.5% 33.8% - -
1981 21.6% 29.7% - -
1980 22% 33.3% - -
1979 25.3% 36.8% - -
1978 25.5% 36.1% - -
1977 20.4% 36.4% - -
1976 21% 35.8% - -
1975 20.4% 32.1% - -
1974 15.3% 38% - -
1973 13.9% 43.4% - -
1972 13.5% 88.7% - -
1971 22.1% 33.2% - -
1970 23.6% 31.6% - -
1969 15.6% 29.1% - -
1968 13.7% 27.5% - -
1967 12.9% 25.9% - -
1966 12.2% 25.1% - -
1965 11.2% 22.7% - -
1964 12.1% 21.3% - -
1963 14.7% 19.2% - -
1962 11.8% 16.6% - -
1961 10.6% 19.6% - -
1960 10% 19.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1993, retrieved 2026-02-20).

GeoRank.org/economy/pakistan/qatar | CC BY

In 2024, Pakistan's government spending was $72.4B, accounting for 19.5% of its GDP, while Qatar spent $56.9B, or 26% of GDP.

Debt-to-GDP ratio is 70.4% in Pakistan and 41.2% in Qatar, ranking 56/185 and 130/185, respectively.

Government deficit by year

Deficit/surplus
Pakistan

Qatar
1x
Year Deficit/surplus, % of GDP
Pakistan Qatar
2024 -6.81% 0.69%
2023 -7.76% 5.56%
2022 -7.84% 10.4%
2021 -6.04% 0.24%
2020 -7.03% -2.13%
2019 -7.79% 1%
2018 -5.67% 2.26%
2017 -5.17% -6.82%
2016 -3.92% -9.2%
2015 -4.74% 18.4%
2014 -4.37% 13.4%
2013 -7.48% 19.3%
2012 -7.74% 8.55%
2011 -6.23% 5.24%
2010 -5.42% 4.6%
2009 -4.53% 14.1%
2008 -5.94% 9.49%
2007 -4.23% 10.3%
2006 -2.79% 8.39%
2005 -2.29% 9.8%
2004 -1.29% 17.7%
2003 -0.12% 6.71%
2002 -2.64% 7.89%
2001 -2.45% 4.48%
2000 -3.21% 4.62%
1999 -3.07% -4.35%
1998 -4.46% -7%
1997 -3.87% -9.4%
1996 -4.33% -8.73%
1995 -3.9% -5.78%
1994 -3.63% -11.8%
1993 -5.53% -9.53%
1992 -11.3% -2.74%
1991 -10.8% -2.57%
1990 -11.9% 3.23%
1989 -7.01% -
1988 -9.35% -
1987 -11.7% -
1986 -9.79% -
1985 -10.6% -
1984 -8.9% -
1983 -7.55% -
1982 -8.24% -
1981 -5.83% -
1980 -5.32% -
1979 -11.6% -
1978 -12.4% -
1977 -8.74% -
1976 -9.05% -
1975 -8.97% -
1974 -4.45% -
1973 -3.99% -
1972 -3.16% -
1971 -7.45% -
1970 -10.8% -
1969 -7.08% -
1968 -5.56% -
1967 -4.27% -
1966 -4.48% -
1965 -3.28% -
1964 -4.89% -
1963 -6.55% -
1962 -3.39% -
1961 -4.6% -
1960 -3.83% -
1959 -3.71% -
1958 -4.2% -
1957 -2.21% -
1956 -2.36% -
1955 -2% -
1954 -3.18% -
1953 -2.66% -
1952 -0.73% -
1951 0.63% -
1950 -1.24% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20).

GeoRank.org/economy/pakistan/qatar | CC BY

In 2024, Pakistan's government deficit, the difference between spending and revenue, was $25.3B, equivalent to 6.81% of GDP. This compares to Qatar's surplus of $1.52B, or 0.69% of GDP.

Over the past 35 years, Pakistan recorded a fiscal deficit in 35 of those years, while Qatar ran a deficit in 12 years. On average, Pakistan posted an annual deficit equal to 5.32% of GDP, compared to surplus of 3.04% of GDP for Qatar.

Inflation comparison by year

Inflation
Pakistan

Qatar
1x
Year Consumer prices inflation
Pakistan Qatar
2024 12.6% 1.27%
2023 30.8% 3.03%
2022 19.9% 5%
2021 9.5% 2.3%
2020 9.74% -2.54%
2019 10.6% -0.67%
2018 5.08% 0.26%
2017 4.09% 0.39%
2016 3.77% 2.68%
2015 2.53% 1.81%
2014 7.19% 3.35%
2013 7.69% 3.22%
2012 9.68% 2.32%
2011 11.9% 1.14%
2010 12.9% -2.43%
2009 13.6% -4.86%
2008 20.3% 15.1%
2007 7.6% 13.8%
2006 7.92% 11.8%
2005 9.06% 8.81%
2004 7.44% 6.8%
2003 2.91% 2.26%
2002 3.29% 0.24%
2001 3.15% 1.47%
2000 4.37% 1.65%
1999 4.14% 2.18%
1998 6.23% 2.95%
1997 11.4% 4.83%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/pakistan/qatar | CC BY

Over the past 28 years, Pakistan has recorded an average annual inflation rate of 9.26%, compared with 3.15% in Qatar. In 2024, inflation was 12.6% in Pakistan and 1.27% in Qatar.

Top exports between countries

Pakistan
Export category Export value
Machinery & equipment $251M
Raw agricultural goods $57M
Animal & marine products $34.4M
Textiles & consumer goods $19.7M
Raw materials & minerals $17.9M
Chemicals & pharma $10.3M
Processed food, beverages & tobacco $6.28M
Metals $2.88M
Wood & paper products $1.05M
Miscellaneous $80K
Qatar
Export category Export value
Raw materials & minerals $3.24B
Chemicals & pharma $85.6M
Metals $12.6M
Machinery & equipment $2.69M
Miscellaneous $1.02M
Processed food, beverages & tobacco $588K
Animal & marine products $234K
Textiles & consumer goods $176K
Raw agricultural goods $107K
Wood & paper products $19K

Balance of trade

Pakistan Qatar
Current account balance
$496M
2024
$37.9B
2024
Current account balance ranking
63/190
2024
16/190
2024
Current account balance, % of GDP
+0.13%
2024
+17.3%
2024
Goods imports
$55.6B
2024
$32.6B
2024
Goods exports
$32.1B
2024
$95B
2024
Service imports
$11.2B
2024
$37.1B
2024
Service exports
$8.1B
2024
$30.2B
2024
Imports of goods and services, % of GDP
17.2%
2024
31.6%
2022
Exports of goods and services, % of GDP
10.4%
2024
68.6%
2022

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Pakistan Qatar
Economic freedom 48.9 70.2
Economic freedom ranking 168/197 37/197
Property rights 25.7 66.2
Government integrity 26.3 53.5
Judicial effectiveness 27.6 41.5
Tax burden 78.2 99.9
Government spending 88.5 79.9
Fiscal health 10.1 96.6
Business freedom 54.4 68
Labor freedom 51.7 58.5
Monetary freedom 54.1 76
Trade freedom 70.4 81.8
Investment freedom 60 60
Financial freedom 40 60

Economic freedom comparison by year

Pakistan
Qatar
1x
Year Economic freedom index
Pakistan Qatar
2026 48.9 70.2
2025 49.1 70.2
2024 49.5 68.8
2023 49.4 68.6
2022 48.8 67.7
2021 51.7 72
2020 54.8 72.3
2019 55 72.6
2018 54.4 72.6
2017 52.8 73.1
2016 55.9 70.7
2015 55.6 70.8
2014 55.2 71.2
2013 55.1 71.3
2012 54.7 71.3
2011 55.1 70.5
2010 55.2 69
2009 57 65.8
2008 55.6 62.2
2007 57.2 62.9
2006 57.9 62.4
2005 53.3 63.5
2004 54.9 66.5
2003 55 65.9
2002 55.8 61.9
2001 56 60
2000 56.4 62
1999 53 62
1998 53.2 -
1997 56 -
1996 58.4 -
1995 57.6 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/pakistan/qatar | CC BY

The Economic Freedom Index for Pakistan is 48.9, ranking 168/197, compared to 70.2 for Qatar, ranking 37/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Pakistan Qatar
Services, % of GDP
50.7%
2024
46.1%
2024
Industry, % of GDP
20.2%
2024
58.2%
2024
Agriculture, forestry, and fishing, % of GDP
23.7%
2024
0.29%
2024
GNI, Atlas method
$358B
2024
$221B
2024
GNI per capita, PPP
$6,100
2024
$121,900
2024
Total reserves including gold
$18.4B
2024
$54B
2024
Total reserves ranking
63/177
2024
40/177
2024
Net foreign direct investment
-$2.58B
2024
$1.1B
2024
Net inflows of foreign direct investment
$2.66B
2024
$460M
2024
Net outflows of foreign direct investment
$84M
2024
$1.56B
2024
Servicing debt to the IMF, % of GNI
4.5%
2024
n/a
Poverty at national poverty lines
21.9%
2018
n/a
Gross capital formation, % of GDP
13.2%
2024
30.6%
2022

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/pakistan/qatar | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1950–1993, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.