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Economy of Pakistan vs Romania compared: GDP & Debt

Updated on by Georank team

Pakistan has a GDP of $372B compared to $383B for Romania, ranking 43/197 and 42/197 by economy size, respectively.

Pakistan has $262B in government debt (70.4% of GDP), compared to $220B (57.4% of GDP) in Romania.

Pakistan vs Romania GDP by year

Pakistan
Romania
1x
Year GDP, current $
Pakistan Romania
2024 $371,570,000,121 $382,564,217,989
2023 $336,686,348,609 $347,757,995,759
2022 $374,890,295,667 $295,319,437,557
2021 $348,516,647,445 $285,071,280,114
2020 $300,425,609,818 $250,625,048,304
2019 $320,909,472,771 $250,080,428,512
2018 $356,128,166,705 $241,791,427,224
2017 $339,205,534,861 $210,147,385,855
2016 $313,630,000,130 $185,290,759,249
2015 $299,963,590,535 $177,885,131,240
2014 $271,390,474,858 $199,722,319,676
2013 $258,657,231,672 $189,798,603,751
2012 $250,106,966,105 $179,117,323,107
2011 $230,586,581,060 $192,623,977,894
2010 $196,709,621,850 $170,064,350,672
2009 $187,337,783,856 $174,110,532,659
2008 $202,203,748,584 $214,315,932,061
2007 $184,140,869,997 $174,588,782,939
2006 $161,871,385,506 $122,023,735,993
2005 $145,208,562,961 $98,454,380,120
2004 $132,216,048,339 $74,973,656,852
2003 $112,371,913,741 $57,806,384,143
2002 $97,923,302,809 $46,065,502,703
2001 $97,145,618,480 $40,395,116,581
2000 $99,484,802,345 $37,253,739,511
1999 $62,973,857,069 $35,953,156,754
1998 $62,191,955,814 $41,696,091,974
1997 $62,433,340,468 $35,575,214,078
1996 $63,320,170,084 $36,937,074,278
1995 $60,636,071,684 $37,430,162,103
1994 $52,293,470,813 $30,072,805,104
1993 $51,809,999,353 $26,361,160,450
1992 $48,884,671,947 $25,121,666,667
1991 $45,625,336,680 $28,850,634,900
1990 $40,010,423,970 $38,247,882,300
1989 $40,171,106,279 $41,450,777,202
1988 $38,472,742,808 $40,424,528,302
1987 $33,351,529,275 $38,067,567,568
1986 $31,899,070,056 -
1985 $31,144,920,844 -
1984 $31,151,825,467 -
1983 $28,691,889,764 -
1982 $30,725,971,564 -
1981 $28,100,606,061 -
1980 $23,654,444,444 -
1979 $19,688,383,838 -
1978 $17,811,515,152 -
1977 $15,126,060,606 -
1976 $13,168,080,808 -
1975 $11,230,606,061 -
1974 $8,899,191,919 -
1973 $6,383,429,490 -
1972 $9,415,016,360 -
1971 $10,665,896,682 -
1970 $10,027,509,450 -
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/romania | CC BY

GDP per capita in Pakistan vs Romania by year

Pakistan
GDP per capita

GDP per capita, PPP
Romania
GDP per capita

GDP per capita, PPP
1x
Year Current $
Pakistan Romania
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,479 $6,252 $20,080 $49,077
2023 $1,360 $6,014 $18,244 $45,982
2022 $1,538 $5,920 $15,504 $41,979
2021 $1,455 $5,367 $14,908 $37,534
2020 $1,278 $5,048 $13,009 $34,194
2019 $1,390 $5,038 $12,910 $33,425
2018 $1,569 $4,979 $12,416 $29,383
2017 $1,519 $4,790 $10,728 $26,943
2016 $1,425 $4,631 $9,405 $23,905
2015 $1,380 $4,480 $8,977 $21,625
2014 $1,267 $4,313 $10,032 $20,633
2013 $1,225 $4,174 $9,498 $19,678
2012 $1,204 $4,047 $8,930 $19,808
2011 $1,132 $3,880 $9,561 $18,804
2010 $987 $3,786 $8,400 $17,355
2009 $964 $3,777 $8,548 $16,641
2008 $1,067 $3,721 $10,435 $16,782
2007 $998 $3,672 $8,360 $13,703
2006 $901 $3,515 $5,758 $11,554
2005 $828 $3,293 $4,618 $9,602
2004 $772 $3,048 $3,495 $8,989
2003 $672 $2,822 $2,679 $7,559
2002 $600 $2,688 $2,120 $7,162
2001 $610 $2,644 $1,825 $6,520
2000 $642 $2,565 $1,660 $5,850
1999 $418 $2,475 $1,600 $5,596
1998 $424 $2,419 $1,853 $5,545
1997 $438 $2,398 $1,577 $5,564
1996 $457 $2,401 $1,633 $5,746
1995 $451 $2,315 $1,650 $5,429
1994 $400 $2,224 $1,323 $4,995
1993 $408 $2,160 $1,158 $4,699
1992 $396 $2,132 $1,102 $4,515
1991 $380 $1,992 $1,254 $4,795
1990 $344 $1,895 $1,648 $5,280
1989 $358 - $1,790 -
1988 $354 - $1,753 -
1987 $317 - $1,659 -
1986 $314 - - -
1985 $317 - - -
1984 $327 - - -
1983 $311 - - -
1982 $345 - - -
1981 $328 - - -
1980 $287.4 - - -
1979 $249.2 - - -
1978 $233.4 - - -
1977 $204.7 - - -
1976 $183.9 - - -
1975 $161.7 - - -
1974 $132 - - -
1973 $97.5 - - -
1972 $148.1 - - -
1971 $172.5 - - -
1970 $166.7 - - -
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/romania | CC BY

Pakistan's GDP per capita is $1,479, ranking 163/197, compared to $20,080 in Romania, ranking 58/197. Adjusted for purchasing power (GDP per capita PPP), Pakistan ranks 150th at $6,252, while Romania ranks 47th at $49,077.

Economic indicators

Pakistan Romania
Gross domestic product
$372B
2024
$383B
2024
GDP rank
43/197
2024
42/197
2024
GDP growth
3.05%
2023-2024
0.92%
2023-2024
GDP per capita
$1,479
2024
$20,080
2024
GDP per capita rank
163/197
2024
58/197
2024
GDP per capita, PPP
$6,252
2024
$49,077
2024
GDP per capita PPP rank
150/197
2024
47/197
2024
Government debt
$262B
2024
$220B
2024
Debt-to-GDP ratio
70.4%
2024
57.4%
2024
Government debt per person
$1,041
2024
$11,533
2024
Government debt per person rank
140/185
2024
48/185
2024
Average annual personal income after taxes
$1,668
2026
$13,912
2026
Market capitalization of domestic companies
$52.1B
2024
$47.4B
2024
Number of billionaires n/a
6
2025
Income share by richest 10%
25.5%
2018
21.8%
2023
Income share by poorest 10%
4.2%
2018
2.4%
2023
Government expenditure, % of GDP
19.5%
2024
39.9%
2024
Consumer prices inflation
12.6%
2023-2024
5.6%
2023-2024
Central bank interest rate
10.5%
2025
6.5%
2024
Unemployment rate
6.96%
2025
5.43%
2024
Population
260356147
18839108

Spending and national debt comparison by year

Pakistan
Spending

Debt
Romania
Spending

Debt
1x
Year % of GDP
Pakistan Romania
Government spending Government debt Government spending Government debt
2024 19.5% 70.4% 39.9% 57.4%
2023 19.3% 78.5% 36.6% 52.1%
2022 20% 77.3% 37.4% 51.7%
2021 18.5% 74.7% 37% 51.5%
2020 20.3% 80.8% 38.1% 49.3%
2019 19.1% 78.7% 33.2% 36.5%
2018 19.1% 66.3% 31.7% 36.2%
2017 19.1% 62.1% 31% 37.1%
2016 17.7% 62.1% 31.8% 39.5%
2015 17.8% 59.1% 34.2% 39.4%
2014 18.1% 58.8% 33.8% 40.5%
2013 19.5% 59.2% 34.2% 39.3%
2012 19.4% 58.4% 33.5% 36.2%
2011 17.9% 56.2% 35% 32.6%
2010 18.3% 56.7% 37.4% 30.2%
2009 17.3% 54.6% 36.3% 22.5%
2008 18% 49.5% 35.3% 13%
2007 16.1% 44.2% 34.6% 12.4%
2006 14.5% 46.2% 33.9% 12.7%
2005 13% 47.9% 32.3% 17.8%
2004 12.1% 50.6% 33.7% 21.3%
2003 12.9% 56.3% 31.8% 24.9%
2002 14.4% 60.5% 32.1% 27.4%
2001 12.9% 65.1% 33.2% 27.4%
2000 13.8% 61.7% 35% 29.6%
1999 13.2% 60.7% 35.1% 21.7%
1998 14.1% 53.8% 34.7% 16.5%
1997 13.7% 52.8% 33.5% 15%
1996 15% 52.5% 33.5% 11%
1995 14% 52.3% 34.4% 6.91%
1994 14.5% 58.5% 33.1% -
1993 17% 57.9% 33.5% -
1992 22.6% 53.3% 41.5% -
1991 21.4% 55.8% 38.3% -
1990 23.9% 48.3% 38.4% -
1989 26.1% 46.6% 40.1% -
1988 27.9% 45% 36.6% -
1987 29.5% 44.4% 40.7% -
1986 27.6% 43.1% 42.5% -
1985 28.3% 37% 41.6% -
1984 25.4% 33.4% 28.6% -
1983 24.8% 33.6% 25.8% -
1982 24.5% 33.8% 28.5% -
1981 21.6% 29.7% 30.4% -
1980 22% 33.3% 33.6% -
1979 25.3% 36.8% 42% -
1978 25.5% 36.1% 42.1% -
1977 20.4% 36.4% 39.9% -
1976 21% 35.8% 37.5% -
1975 20.4% 32.1% 40.6% -
1974 15.3% 38% 37.6% -
1973 13.9% 43.4% 32.6% -
1972 13.5% 88.7% 29.9% -
1971 22.1% 33.2% 27.2% -
1970 23.6% 31.6% 28.1% -
1969 15.6% 29.1% 32.1% -
1968 13.7% 27.5% 31.8% -
1967 12.9% 25.9% 30.6% -
1966 12.2% 25.1% 27.3% -
1965 11.2% 22.7% 25.6% -
1964 12.1% 21.3% 25.1% -
1963 14.7% 19.2% 23.1% -
1962 11.8% 16.6% 43.4% -
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 (1960–1999, retrieved 2026-02-20).

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

In 2024, Pakistan's government spending was $72.4B, accounting for 19.5% of its GDP, while Romania spent $153B, or 39.9% of GDP.

Debt-to-GDP ratio is 70.4% in Pakistan and 57.4% in Romania, ranking 56/185 and 87/185, respectively.

Government deficit by year

Deficit/surplus
Pakistan

Romania
1x
Year Deficit/surplus, % of GDP
Pakistan Romania
2024 -6.81% -8.68%
2023 -7.76% -5.61%
2022 -7.84% -5.83%
2021 -6.04% -6.7%
2020 -7.03% -9.54%
2019 -7.79% -4.55%
2018 -5.67% -2.74%
2017 -5.17% -2.86%
2016 -3.92% -2.5%
2015 -4.74% -1.35%
2014 -4.37% -1.76%
2013 -7.48% -2.44%
2012 -7.74% -2.39%
2011 -6.23% -4.14%
2010 -5.42% -6.22%
2009 -4.53% -6.86%
2008 -5.94% -4.6%
2007 -4.23% -3.05%
2006 -2.79% -1.36%
2005 -2.29% -0.69%
2004 -1.29% -3.39%
2003 -0.12% -2.29%
2002 -2.64% -2.59%
2001 -2.45% -3.2%
2000 -3.21% -3.99%
1999 -3.07% -3.58%
1998 -4.46% -5.33%
1997 -3.87% -5.19%
1996 -4.33% -4.74%
1995 -3.9% -3.32%
1994 -3.63% -2.2%
1993 -5.53% -0.35%
1992 -11.3% -4.55%
1991 -10.8% 3.23%
1990 -11.9% 1.03%
1989 -7.01% -2.87%
1988 -9.35% 8.4%
1987 -11.7% 2.37%
1986 -9.79% 5.72%
1985 -10.6% 6.36%
1984 -8.9% 15.2%
1983 -7.55% 9.35%
1982 -8.24% 0.36%
1981 -5.83% 0.61%
1980 -5.32% -1.95%
1979 -11.6% 0%
1978 -12.4% 0%
1977 -8.74% 0.23%
1976 -9.05% 0.66%
1975 -8.97% 0.41%
1974 -4.45% 0.51%
1973 -3.99% 1.53%
1972 -3.16% 1.21%
1971 -7.45% 0.89%
1970 -10.8% 0.52%
1969 -7.08% 0.93%
1968 -5.56% 1.65%
1967 -4.27% 1.23%
1966 -4.48% 0.91%
1965 -3.28% -1.29%
1964 -4.89% -3.11%
1963 -6.55% -1.61%
1962 -3.39% -4.86%
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) | Public Finances in Modern History (1950–1992, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/pakistan/romania | 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 Romania's deficit of $33.2B, or 8.68% of GDP.

Over the past 38 years, Pakistan recorded a fiscal deficit in 38 of those years, while Romania ran a deficit in 34 years. On average, Pakistan posted an annual deficit equal to 5.64% of GDP, compared to deficit of 3.06% of GDP for Romania.

Inflation comparison by year

Inflation
Pakistan

Romania
1x
Year Consumer prices inflation
Pakistan Romania
2024 12.6% 5.6%
2023 30.8% 10.4%
2022 19.9% 13.8%
2021 9.5% 5%
2020 9.74% 2.6%
2019 10.6% 3.8%
2018 5.08% 4.6%
2017 4.09% 1.3%
2016 3.77% -1.6%
2015 2.53% -0.6%
2014 7.19% 1.1%
2013 7.69% 4%
2012 9.68% 3.3%
2011 11.9% 5.8%
2010 12.9% 6.1%
2009 13.6% 5.6%
2008 20.3% 7.8%
2007 7.6% 4.8%
2006 7.92% 6.6%
2005 9.06% 9%
2004 7.44% 11.9%
2003 2.91% 15.4%
2002 3.29% 22.5%
2001 3.15% 34.5%
2000 4.37% 45.7%
1999 4.14% 45.8%
1998 6.23% 59.1%
1997 11.4% 154.8%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Pakistan has recorded an average annual inflation rate of 9.26%, compared with 17.5% in Romania. In 2024, inflation was 12.6% in Pakistan and 5.6% in Romania.

Top exports between countries

Pakistan
Export category Export value
Textiles & consumer goods $74.8M
Animal & marine products $4.71M
Raw agricultural goods $4M
Machinery & equipment $1.92M
Raw materials & minerals $815K
Chemicals & pharma $785K
Processed food, beverages & tobacco $502K
Weapons & explosives $376K
Metals $284K
Precious metals & jewellery $25K
Romania
Export category Export value
Machinery & equipment $122M
Raw agricultural goods $63.7M
Wood & paper products $9.03M
Chemicals & pharma $2.98M
Raw materials & minerals $2.52M
Metals $851K
Miscellaneous $602K
Textiles & consumer goods $518K
Processed food, beverages & tobacco $388K
Weapons & explosives $12K

Balance of trade

Pakistan Romania
Current account balance
$496M
2024
-$31.2B
2024
Current account balance ranking
63/190
2024
185/190
2024
Current account balance, % of GDP
+0.13%
2024
-8.16%
2024
Goods imports
$55.6B
2024
$129B
2024
Goods exports
$32.1B
2024
$93.3B
2024
Service imports
$11.2B
2024
$30.2B
2024
Service exports
$8.1B
2024
$42.9B
2024
Imports of goods and services, % of GDP
17.2%
2024
41.6%
2024
Exports of goods and services, % of GDP
10.4%
2024
35.6%
2024

Economic freedom indices

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

Pakistan Romania
Economic freedom 48.9 65.4
Economic freedom ranking 168/197 64/197
Property rights 25.7 81
Government integrity 26.3 50
Judicial effectiveness 27.6 67
Tax burden 78.2 89.1
Government spending 88.5 56.7
Fiscal health 10.1 21.4
Business freedom 54.4 74.4
Labor freedom 51.7 63.6
Monetary freedom 54.1 72.7
Trade freedom 70.4 79.4
Investment freedom 60 70
Financial freedom 40 60

Economic freedom comparison by year

Pakistan
Romania
1x
Year Economic freedom index
Pakistan Romania
2026 48.9 65.4
2025 49.1 66.5
2024 49.5 64.4
2023 49.4 64.5
2022 48.8 67.1
2021 51.7 69.5
2020 54.8 69.7
2019 55 68.6
2018 54.4 69.4
2017 52.8 69.7
2016 55.9 65.6
2015 55.6 66.6
2014 55.2 65.5
2013 55.1 65.1
2012 54.7 64.4
2011 55.1 64.7
2010 55.2 64.2
2009 57 63.2
2008 55.6 61.7
2007 57.2 61.2
2006 57.9 58.2
2005 53.3 52.1
2004 54.9 50
2003 55 50.6
2002 55.8 48.7
2001 56 50
2000 56.4 52.1
1999 53 50.1
1998 53.2 54.4
1997 56 50.8
1996 58.4 46.2
1995 57.6 42.9

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

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

The Economic Freedom Index for Pakistan is 48.9, ranking 168/197, compared to 65.4 for Romania, ranking 64/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Pakistan Romania
Services, % of GDP
50.7%
2024
62.6%
2024
Industry, % of GDP
20.2%
2024
25.3%
2024
Agriculture, forestry, and fishing, % of GDP
23.7%
2024
2.81%
2024
GNI, Atlas method
$358B
2024
$335B
2024
GNI per capita, PPP
$6,100
2024
$47,920
2024
Total reserves including gold
$18.4B
2024
$73.4B
2024
Total reserves ranking
63/177
2024
35/177
2024
Net foreign direct investment
-$2.58B
2024
-$5.17B
2024
Net inflows of foreign direct investment
$2.66B
2024
$7.16B
2024
Net outflows of foreign direct investment
$84M
2024
$1.99B
2024
Servicing debt to the IMF, % of GNI
4.5%
2024
n/a
Poverty at national poverty lines
21.9%
2018
19%
2023
Gross capital formation, % of GDP
13.2%
2024
25%
2024

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/romania | 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 (1950–1999, 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 (2023–2024, 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.