The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. The Dominican Republic is an upper-middle income developing country with important sectors including mining, tourism, manufacturing, energy, real estate, infrastructure, telecommunications and agriculture. The Dominican Republic is on track to achieve its goal of becoming a high-income country by 2030, and is expected to grow 79% in this decade. The country is the site of the single largest gold mine in Latin America, the Pueblo Viejo mine.Although the service sector is currently the leading employer of Dominicans, agriculture remains an important sector in terms of the domestic market and is in second place in terms of export earnings. Tourism accounts for more than $7.4 billion in annual earnings in 2019. Free-trade zone earnings and tourism are the fastest-growing export sectors. A leading growth engine in the Free-trade zone sector is the production of medical equipment for export having a value-added per employee of $20,000 USD, total revenue of $1.5 billion USD, and a growth rate of 7.7% in 2019. The medical instrument export sector represents one of the highest-value added sectors of the country's economy, a true growth engine for the country's emerging market. Remittances are an important sector of the economy, contributing $8.2 billion in 2020. Most of these funds are used to cover household expenses, such as housing, food, clothing, health care and education. Secondarily, remittances have financed businesses and productive activities. Thirdly, this combined effect has induced investment by the private sector and helps fund the public sector through its value-added tax. The combined import market including the free-trade-zones amounts to a market of $20 billion a year in 2019. The combined export sector had revenues totaling $11 billion in 2019. The consumer market is equivalent to $61 billion in 2019. An important indicator is the average commercial loan interest rate, which directs short-term investment and stimulates long-term investment in the economy. It is currently 8.30%, as of June 2021.
Karachi is the largest city in Pakistan and 12th largest in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former capital of Pakistan and capital of the province of Sindh. Ranked as a beta-global city, it is Pakistan's premier industrial and financial centre, with an estimated GDP of over $200 billion (PPP) as of 2021. Karachi is Pakistan's most cosmopolitan city, linguistically, ethnically, and religiously diverse, as well as one of Pakistan's most socially liberal cities.
The Geography of Pakistan is a profound blend of landscapes varying from plains to deserts, forests, and plateaus ranging from the coastal areas of the Indian Ocean in the south to the mountains of the Karakoram, Hindukush, Himalayas ranges in the north. Pakistan geologically overlaps both with the Indian and the Eurasian tectonic plates where its Sindh and Punjab provinces lie on the north-western corner of the Indian plate while Balochistan and most of the Khyber Pakhtunkhwa lie within the Eurasian plate which mainly comprises the Iranian Plateau.
The economy of Pakistan is classified as a low income developing economy. It is the 23rd-largest in terms of GDP based on purchasing power parity (PPP). In 2021, the country had a population of 227 million people. As of FY22, the nominal GDP of Pakistan stands at US$376 billion with a nominal GDP per capita of US$1,658 (177th); its GDP based on PPP stands at US$1.512 trillion with a GDP (PPP) per capita of US$6,662 (168th).
Punjab is a province of Pakistan. Located in central-eastern region of the country, Punjab is the second-largest province of Pakistan by land area and the largest province by population. It is bordered by the Pakistani provinces of Khyber Pakhtunkhwa to the north-west, Balochistan to the south-west and Sindh to the south, as well as Islamabad Capital Territory to the north-west and Azad Kashmir to the north. It shares an International border with the Indian states of Rajasthan and Punjab to the east and Indian-administered Kashmir to the north-east. Punjab is the most fertile province of the country as River Indus and its four major tributaries Ravi, Jhelum, Chenab and Sutlej flow through it.
The economy of Rwanda has undergone rapid industrialisation due to a successful governmental policy. It has a mixed economy. Since the early-2000s, Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans. The Government's progressive visions have been the catalyst for the fast transforming economy. The President of Rwanda, Paul Kagame, has noted his ambition to make Rwanda the "Singapore of Africa".
Sindh is a province of Pakistan. Located in the southeastern region of the country, Sindh is the third-largest province of Pakistan by land area and the second-largest province by population after Punjab. It is bordered by the Pakistani provinces of Balochistan to the west and north-west and Punjab to the north. It shares an International border with the Indian states of Gujarat and Rajasthan to the east; it is also bounded by the Arabian Sea to the south. Sindh's landscape consists mostly of alluvial plains flanking the Indus River, the Thar Desert in the eastern portion of the province along the international border with India, and the Kirthar Mountains in the western portion of the province.
Sukkur is a city in the Pakistani province of Sindh along the western bank of the Indus River, directly across from the historic city of Rohri. Sukkur is the third largest city in Sindh after Karachi and Hyderabad, and 14th largest city of Pakistan by population. New Sukkur was established during the British era alongside the village of Sukkur. Sukkur's hill, along with the hill on the river island of Bukkur, form what is sometimes considered the "Gate of Sindh".
The Indus River Delta forms where the Indus River flows into the Arabian Sea, mostly in the southern Sindh province of Pakistan with a small portion in the Kutch Region of India. The delta covers an area of about 41,440 km2, and is approximately 210 km (130 mi) across where it meets the sea. The active part of the delta is 6,000 km2 in area (2,300 sq mi). The climate is arid, the region only receives between 25 and 50 centimetres of rainfall in a normal year. The delta is home to the largest arid mangrove forests in the world, as well as many birds, fish and the Indus dolphin.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth. The state mines produce gold, silver, sandstone, limestone, marble, rock phosphate, copper and lignite. It is the second-largest producer of cement and contributes one tenth of the salt produced in India. The state has a diverse economy with various sectors contributing to its growth and development.
Tourism in Pakistan is a growing industry. In 2010, Lonely Planet termed Pakistan "tourism's 'next big thing' for more years than we care to remember". The country is geographically and ethnically diverse, and has a number of historical and cultural heritage sites. Condé Nast Traveller ranked Pakistan The Best Holiday Destination for 2020 and also declared it the third-highest potential adventure destination in the world for 2020. As security in the country improves, tourism increases; in two years, it has increased by more than 300%. The Pakistani government had launched online visa services for 175 countries and 50 countries were offered visa on arrival, making visiting Pakistan easier. The country received an influx of travel vloggers, who promoted the characteristics of the country, such as in the Northern Pakistan, like Hunza and Skardu.
Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are the most grown. Mango orchards are mostly found in Sindh and Punjab provinces, making it the world's fourth largest producer of mangoes.
Pakistan's industrial sector accounts for 28.11% of the GDP. Of this, manufacturing makes up 12.52%, mining constitutes 2.18%, construction makes up 2.05%, and electricity and gas 1.36%. The majority of industry is made up of textile units, with textiles contributing $15.4b to exports, making up 56% of total exports. Other units include surgical instruments, chemicals, and a budding automotive industry.
Sindh is a province in Pakistan.
Fishery and fishing industry plays a significant part in the national economy of Pakistan. With a coastline of about 1,120 km, Pakistan has enough fishery resources that remain to be developed. Most of the population of the coastal areas of Sindh and Balochistan depends on fisheries for livelihood. It is also a major source of export earning.
The economy of Balochistan, one of the four provinces of Pakistan, is largely based upon the production of natural gas, coal, and minerals. Agriculture and livestock also dominate the Baloch economy. Horticultural development is a fairly recent, yet growing phenomenon. Other important economic sectors include fisheries, mining, manufacturing industries, trade and other services being rendered by public and private sector organizations in the province.
The textile industry is the largest manufacturing industry in Pakistan. Pakistan is the eighth largest exporter of textile commodities in Asia. Textile sector contributes 8.5% to the GDP of Pakistan. In addition, the sector employs about 45% of the total labor force in the country. Pakistan is the fourth largest producer of cotton with the third largest spinning capacity in Asia after China and India and contributes 5% to the global spinning capacity. At present, there are 1,221 ginning units, 442 spinning units, 124 large spinning units and 425 small units which produce textile.
