Top 8 Pakistani cities with high GDP 51 Hits - Dr. Physiotherapist - Feb 1, 2023, 7:42 AM Pakistan is a country rich in culture, history, and natural resources. Despite facing numerous challenges in recent decades, the country has seen rapid growth in several cities, resulting in a significant increase in Gross Domestic Product (GDP). This article will highlight the top 8 cities of Pakistan with the highest GDP. Karachi: Known as the "City of Lights," Karachi is the largest city in Pakistan and is considered the financial hub of the country. With a population of over 21 million people, it is also the most populous city in Pakistan. The city's contribution to the country's economy is estimated to be around 58%. Major industries in Karachi include textiles, pharmaceuticals, banking, and shipping. Lahore: Lahore city in Pakistan is often referred to as the cultural capital of the country. It has a rich history and is famous for its stunning architecture, including the Lahore Fort and the Mosque. The city's economy is driven by a variety of industries, including textiles, leather goods, and tourism. Lahore's GDP is estimated to be around $40 billion. Faisalabad: Faisalabad is known as the "Manchester of Pakistan" due to its large textile industry. The city is home to several textile mills and is a major producer of cotton goods. Faisalabad's economy is also supported by agriculture, as the city is located in the heart of the country's agricultural region. The city's GDP is estimated to be around $13 billion. Rawalpindi: Rawalpindi is a city located near the capital of Pakistan, Islamabad. It is known for its military cantonments and is home to several military installations, including the headquarters of the Pakistan Army. The city's economy is supported by industries such as construction, textiles, and food processing. Rawalpindi's GDP is estimated to be around $12 billion. Multan: Multan is a city located in the Punjab province of Pakistan and is known for its rich history and cultural heritage. The city is famous for its Sufi shrines and is a major center for agriculture and trade. Major industries in Multan include textiles, leather goods, and food processing. Multan's GDP is estimated to be around $10 billion. Hyderabad: Hyderabad is a city located in the Sindh province of Pakistan and is known for its rich cultural heritage and history. The city is a major center for trade and commerce and is home to several large industries, including pharmaceuticals and textiles. Hyderabad's GDP is estimated to be around $9 billion. Gujranwala: Gujranwala is a city located in the Punjab province of Pakistan and is known for its industrial and economic growth. The city is home to several large industries, including textiles, leather goods, and machinery. Gujranwala's economy is also supported by agriculture and trade. The city's GDP is estimated to be around $8 billion. Peshawar: Peshawar is a city located in the Khyber province of Pakistan and is known for its rich cultural heritage and history. The city is a major center for trade and commerce and is home to several large industries, including textiles, leather goods, and food processing. Peshawar's GDP is estimated to be around $7 billion.
Russian Energy Minister Shulginov was in Pakistan last week to discuss the deal. “We have already decided to draft an agreement to sort out all the issues that we have with regard to transportation, insurance, payments and volumes. These issues are in the final stage of the agreement,” Shulginov said. Granted that the crucial details still need to be ironed out, the deal, if finalized, would be significant for Pakistan’s economy and its ties with the world. It is the first solid start that Pakistan and Russia have made toward establishing bilateral cooperation in the oil and gas trade. In the past, conversations in this regard did not move beyond statements of interest. DIPLOMAT BRIEF WEEKLY NEWSLETTER N Get briefed on the story of the week, and developing stories to watch across the Asia-Pacific.
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