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Economy of Pakistan vs Yemen compared: GDP & Debt

Updated on by Georank team

Pakistan has a GDP of $372B compared to $21.6B for Yemen, ranking 43/197 and 125/197 by economy size, respectively.

Pakistan has $262B in government debt (70.4% of GDP), compared to $18.8B (70.9% of GDP) in Yemen.

Pakistan vs Yemen GDP by year

Pakistan
Yemen
1x
Year GDP, current $
Pakistan Yemen
2024 $371,570,000,121 -
2023 $336,686,348,609 -
2022 $374,890,295,667 -
2021 $348,516,647,445 -
2020 $300,425,609,818 -
2019 $320,909,472,771 -
2018 $356,128,166,705 $21,606,160,663
2017 $339,205,534,861 $26,842,229,045
2016 $313,630,000,130 $31,317,825,274
2015 $299,963,590,535 $42,444,490,074
2014 $271,390,474,858 $43,228,585,321
2013 $258,657,231,672 $40,415,233,436
2012 $250,106,966,105 $35,401,331,610
2011 $230,586,581,060 $32,726,417,878
2010 $196,709,621,850 $30,906,749,533
2009 $187,337,783,856 $25,130,278,213
2008 $202,203,748,584 $26,910,855,807
2007 $184,140,869,997 $21,650,528,674
2006 $161,871,385,506 $19,063,143,370
2005 $145,208,562,961 $16,731,566,717
2004 $132,216,048,339 $13,867,634,371
2003 $112,371,913,741 $11,777,532,662
2002 $97,923,302,809 $10,693,430,511
2001 $97,145,618,480 $9,852,990,693
2000 $99,484,802,345 $9,679,316,770
1999 $62,973,857,069 $7,639,325,296
1998 $62,191,955,814 $6,322,175,566
1997 $62,433,340,468 $6,838,298,531
1996 $63,320,170,084 $6,496,163,616
1995 $60,636,071,684 $12,796,345,679
1994 $52,293,470,813 $28,019,483,764
1993 $51,809,999,353 $21,736,802,664
1992 $48,884,671,947 $17,959,367,194
1991 $45,625,336,680 $14,665,445,462
1990 $40,010,423,970 $12,643,821,569
1989 $40,171,106,279 -
1988 $38,472,742,808 -
1987 $33,351,529,275 -
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/yemen | CC BY

GDP per capita in Pakistan vs Yemen by year

Pakistan
GDP per capita

GDP per capita, PPP
Yemen
GDP per capita

GDP per capita, PPP
1x
Year Current $
Pakistan Yemen
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,479 $6,252 - -
2023 $1,360 $6,014 - -
2022 $1,538 $5,920 - -
2021 $1,455 $5,367 - -
2020 $1,278 $5,048 - -
2019 $1,390 $5,038 - -
2018 $1,569 $4,979 $634 -
2017 $1,519 $4,790 $811 -
2016 $1,425 $4,631 $975 -
2015 $1,380 $4,480 $1,362 -
2014 $1,267 $4,313 $1,430 -
2013 $1,225 $4,174 $1,379 $3,164
2012 $1,204 $4,047 $1,245 $3,005
2011 $1,132 $3,880 $1,186 $3,113
2010 $987 $3,786 $1,155 $3,603
2009 $964 $3,777 $969 $3,411
2008 $1,067 $3,721 $1,072 $3,370
2007 $998 $3,672 $890 $3,294
2006 $901 $3,515 $810 $3,205
2005 $828 $3,293 $734 $3,113
2004 $772 $3,048 $628 $2,949
2003 $672 $2,822 $549 $2,844
2002 $600 $2,688 $513 $2,768
2001 $610 $2,644 $487 $2,702
2000 $642 $2,565 $493 $2,624
1999 $418 $2,475 $401 $2,492
1998 $424 $2,419 $343 $2,442
1997 $438 $2,398 $383 $2,351
1996 $457 $2,401 $375 $2,268
1995 $451 $2,315 $764 $2,201
1994 $400 $2,224 $1,735 $2,115
1993 $408 $2,160 $1,397 $2,013
1992 $396 $2,132 $1,198 $1,963
1991 $380 $1,992 $1,016 $1,843
1990 $344 $1,895 $910 $1,742
1989 $358 - - -
1988 $354 - - -
1987 $317 - - -
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/yemen | CC BY

Pakistan's GDP per capita is $1,479, ranking 163/197, compared to $634 in Yemen, ranking 191/197. Adjusted for purchasing power (GDP per capita PPP), Pakistan ranks 150th at $6,252, while Yemen ranks 178th at $3,164.

Economic indicators

Pakistan Yemen
Gross domestic product
$372B
2024
$21.6B
2018
GDP rank
43/197
2024
125/197
2018
GDP growth
3.05%
2023-2024
0.75%
2017-2018
GDP per capita
$1,479
2024
$634
2018
GDP per capita rank
163/197
2024
191/197
2018
GDP per capita, PPP
$6,252
2024
$3,164
2013
GDP per capita PPP rank
150/197
2024
178/197
2013
Government debt
$262B
2024
$18.8B
2018
Debt-to-GDP ratio
70.4%
2024
70.9%
2024
Government debt per person
$1,041
2024
$551
2018
Government debt per person rank
140/185
2024
165/185
2018
Average annual personal income after taxes
$1,668
2026
$1,127
2026
Market capitalization of domestic companies
$52.1B
2024
n/a
Income share by richest 10%
25.5%
2018
29.4%
2014
Income share by poorest 10%
4.2%
2018
3%
2014
Government expenditure, % of GDP
19.5%
2024
8.91%
2024
Consumer prices inflation
12.6%
2023-2024
33.9%
2023-2024
Central bank interest rate
10.5%
2025
n/a
Unemployment rate
6.96%
2025
13.5%
2014
Population
260356147
43325643

Spending and national debt comparison by year

Pakistan
Spending

Debt
Yemen
Spending

Debt
1x
Year % of GDP
Pakistan Yemen
Government spending Government debt Government spending Government debt
2024 19.5% 70.4% 8.91% 70.9%
2023 19.3% 78.5% 11.8% 77.9%
2022 20% 77.3% 12.2% 65.3%
2021 18.5% 74.7% 8.22% 75.9%
2020 20.3% 80.8% 10.6% 87%
2019 19.1% 78.7% 13.2% 91.5%
2018 19.1% 66.3% 14.3% 86.9%
2017 19.1% 62.1% 8.39% 83.8%
2016 17.7% 62.1% 16.1% 76.5%
2015 17.8% 59.1% 19.4% 57.7%
2014 18.1% 58.8% 27.8% 48.9%
2013 19.5% 59.2% 30.8% 48.4%
2012 19.4% 58.4% 36.2% 47.6%
2011 17.9% 56.2% 29.8% 45.7%
2010 18.3% 56.7% 30.2% 42.4%
2009 17.3% 54.6% 35.2% 49.8%
2008 18% 49.5% 41.2% 36.4%
2007 16.1% 44.2% 40.3% 40.4%
2006 14.5% 46.2% 37.4% 40.8%
2005 13% 47.9% 36.8% 43.8%
2004 12.1% 50.6% 34.2% 52.1%
2003 12.9% 56.3% 35.3% 56.8%
2002 14.4% 60.5% 30.8% 57.8%
2001 12.9% 65.1% 30.5% 60.6%
2000 13.8% 61.7% 31.7% 60.8%
1999 13.2% 60.7% 28.2% 96.1%
1998 14.1% 53.8% 34.3% 110.6%
1997 13.7% 52.8% 34.2% 74.2%
1996 15% 52.5% 30.7% 114.9%
1995 14% 52.3% 24.1% 84.1%
1994 14.5% 58.5% 25.2% 73.3%
1993 17% 57.9% 25.8% 76.7%
1992 22.6% 53.3% 24.6% 78%
1991 21.4% 55.8% 24.7% 82.7%
1990 23.9% 48.3% 26.6% 91.6%
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 (1960–1998, retrieved 2026-02-20).

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

In 2024, Pakistan's government spending was $72.4B, accounting for 19.5% of its GDP, while Yemen spent $3.08B, or 8.91% of GDP.

Debt-to-GDP ratio is 70.4% in Pakistan and 70.9% in Yemen, ranking 56/185 and 55/185, respectively.

Government deficit by year

Deficit/surplus
Pakistan

Yemen
1x
Year Deficit/surplus, % of GDP
Pakistan Yemen
2024 -6.81% -2.48%
2023 -7.76% -5.63%
2022 -7.84% -2.15%
2021 -6.04% -0.89%
2020 -7.03% -4.3%
2019 -7.79% -5.89%
2018 -5.67% -7.85%
2017 -5.17% -4.9%
2016 -3.92% -8.51%
2015 -4.74% -8.75%
2014 -4.37% -4.14%
2013 -7.48% -6.9%
2012 -7.74% -6.32%
2011 -6.23% -4.51%
2010 -5.42% -4.06%
2009 -4.53% -10.2%
2008 -5.94% -4.53%
2007 -4.23% -7.18%
2006 -2.79% 1.19%
2005 -2.29% -1.82%
2004 -1.29% -2.15%
2003 -0.12% -4.2%
2002 -2.64% -0.56%
2001 -2.45% 2.79%
2000 -3.21% 6.09%
1999 -3.07% 0.06%
1998 -4.46% -7.77%
1997 -3.87% -1.5%
1996 -4.33% -0.92%
1995 -3.9% -5.74%
1994 -3.63% -14%
1993 -5.53% -12.8%
1992 -11.3% -10.9%
1991 -10.8% -5.76%
1990 -11.9% -10.3%
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/yemen | CC BY

In 2018, Pakistan's government deficit, the difference between spending and revenue, was $20.2B, equivalent to 5.67% of GDP. This compares to Yemen's deficit of $1.7B, or 7.85% of GDP.

Over the past 29 years, Pakistan recorded a fiscal deficit in 29 of those years, while Yemen ran a deficit in 25 years. On average, Pakistan posted an annual deficit equal to 4.93% of GDP, compared to deficit of 5.04% of GDP for Yemen.

Inflation comparison by year

Inflation
Pakistan

Yemen
1x
Year Consumer prices inflation
Pakistan Yemen
2024 12.6% 33.9%
2023 30.8% 0.9%
2022 19.9% 29.5%
2021 9.5% 31.5%
2020 9.74% 21.7%
2019 10.6% 15.7%
2018 5.08% 33.6%
2017 4.09% 30.4%
2016 3.77% 21.3%
2015 2.53% 22%
2014 7.19% 8.2%
2013 7.69% 11%
2012 9.68% 9.9%
2011 11.9% 19.5%
2010 12.9% 11.2%
2009 13.6% 3.7%
2008 20.3% 19%
2007 7.6% 7.9%
2006 7.92% 10.8%
2005 9.06% 9.9%
2004 7.44% 12.5%
2003 2.91% 10.8%
2002 3.29% 12.2%
2001 3.15% 11.9%
2000 4.37% 11%
1999 4.14% 7.9%
1998 6.23% 11.5%
1997 11.4% 4.6%

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/yemen | CC BY

Over the past 28 years, Pakistan has recorded an average annual inflation rate of 9.26%, compared with 15.5% in Yemen. In 2024, inflation was 12.6% in Pakistan and 33.9% in Yemen.

Top exports between countries

Pakistan
Export category Export value
Raw agricultural goods $76.3M
Machinery & equipment $16.9M
Textiles & consumer goods $8.17M
Raw materials & minerals $3.93M
Chemicals & pharma $3.18M
Processed food, beverages & tobacco $2.11M
Metals $525K
Animal & marine products $306K
Miscellaneous $114K
Wood & paper products $11K
Yemen
Export category Export value
Textiles & consumer goods $271K
Machinery & equipment $191K
Animal & marine products $174K
Raw agricultural goods $25K
Metals $22K
Chemicals & pharma $8K

Balance of trade

Pakistan Yemen
Current account balance
$496M
2024
-$2.42B
2016
Current account balance ranking
63/190
2024
148/190
2016
Current account balance, % of GDP
+0.13%
2024
-7.72%
2016
Goods imports
$55.6B
2024
$6.8B
2016
Goods exports
$32.1B
2024
$473M
2016
Service imports
$11.2B
2024
$1.46B
2016
Service exports
$8.1B
2024
$466M
2016
Imports of goods and services, % of GDP
17.2%
2024
47.3%
2018
Exports of goods and services, % of GDP
10.4%
2024
8.76%
2018

Economic freedom indices

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

Pakistan Yemen
Economic freedom 48.9 53.7
Economic freedom ranking 168/197 138/197
Property rights 25.7 3.5
Government integrity 26.3 6.2
Judicial effectiveness 27.6 9.9
Tax burden 78.2 93.7
Government spending 88.5 0
Fiscal health 10.1 71.2
Business freedom 54.4 31.3
Labor freedom 51.7 31.2
Monetary freedom 54.1 48.1
Trade freedom 70.4 67.4
Investment freedom 60 50
Financial freedom 40 30

Economic freedom comparison by year

Pakistan
Yemen
1x
Year Economic freedom index
Pakistan Yemen
2026 48.9 -
2025 49.1 -
2024 49.5 -
2023 49.4 -
2022 48.8 -
2021 51.7 -
2020 54.8 -
2019 55 -
2018 54.4 -
2017 52.8 -
2016 55.9 -
2015 55.6 53.7
2014 55.2 55.5
2013 55.1 55.9
2012 54.7 55.3
2011 55.1 54.2
2010 55.2 54.4
2009 57 56.9
2008 55.6 53.8
2007 57.2 54.1
2006 57.9 52.6
2005 53.3 53.8
2004 54.9 50.5
2003 55 50.3
2002 55.8 48.6
2001 56 44.3
2000 56.4 44.5
1999 53 43.3
1998 53.2 46.1
1997 56 48.4
1996 58.4 49.6
1995 57.6 49.8

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

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

The Economic Freedom Index for Pakistan is 48.9, ranking 168/197, compared to 53.7 for Yemen, ranking 138/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Pakistan Yemen
Services, % of GDP
50.7%
2024
41.8%
2018
Industry, % of GDP
20.2%
2024
25.4%
2018
Agriculture, forestry, and fishing, % of GDP
23.7%
2024
28.7%
2018
GNI, Atlas method
$358B
2024
$25.3B
2018
GNI per capita, PPP
$6,100
2024
$3,020
2013
Total reserves including gold
$18.4B
2024
$1.25B
2022
Total reserves ranking
63/177
2024
139/177
2022
Net foreign direct investment
-$2.58B
2024
$15.4M
2015
Net inflows of foreign direct investment
$2.66B
2024
-$371M
2019
Net outflows of foreign direct investment
$84M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.5%
2024
0.53%
2018
Poverty at national poverty lines
21.9%
2018
48.6%
2014
Gross capital formation, % of GDP
13.2%
2024
6.18%
2018

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/yemen | 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 (1950–1998, 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 (2015–2024, 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.