By Admin 
India vs Pakistan Economy: There is an atmosphere of tension between India and Pakistan after the terrorist attack on April 22 in Pahalgam, Jammu and Kashmir. In view of this, India has taken many strict steps and banned trade with Pakistan. At the same time, Pakistan has also announced not to do business with India.
A lot of difference between the economy of both countries
There has never been such a big economic gap in both countries before. Till years ago, there have been some economic areas in which Pakistan has been ahead of India, while today Pakistan is behind India among many major economic indicators.
Whether it is about GDP growth or per capita income or inflation or until employment is generated, India has moved forward with constant reforms and strong economic performance, while Pakistan is struggling with stagnation and instability. On the one hand, there is a competition to expand its influence between the two countries, but only India is, which is constantly moving forward financially and has managed to leave its indelible impression on the global stage.
India surpasses Pakistan
According to the IMF data, India has made strong economic progress in the last few decades in terms of per capita GDP. In the year 2000, Pakistan’s per capita GDP was $ 733, which was much higher than India’s $ 442. This shows that during that time Pakistan’s per capita average economic production was stronger than India.
However, in recent years this result was reversed and India progressed rapidly in per capita average economic production. India’s per capita GDP increased to $ 2,711 in 2014 to $ 2,711 in 2014, which shows the growth of 74 % in the last 10 years.
Whereas during this time, Pakistan’s per capita GDP starts from $ 1424 in 2014 and increases only to $ 1,581 by 2024. That is, in ten years, it has increased by only 11 percent.
Big gap in GDP of both countries
Similarly, in 2000, India’s GDP was $ 468 billion, whose contribution in global GDP was 1.37 percent. At the same time, Pakistan’s GDP was $ 99 billion in 2000. His share in the global GDP was 0.29 percent in 2000. India’s economic growth has taken place rapidly in these ten years from 2014 to 2024.
India’s GDP has almost doubled from $ 2,039 billion in 2014 to $ 3,909 billion in 2024, showing a growth of 92 %. Similarly, India’s stake in global GDP increased from 2.55 percent to 3.54 percent, which is a sign of a strong role in the world economy.
Whereas during this time, Pakistan’s GDP could reach only 373 billion dollars from $ 271 billion. This reflects the growth of 37 percent. This stake in Global GDP remained at 0.34 percent. India’s annual GDP growth rate was 6.8 percent between 2015 and 2025.
Despite Corona epidemic in 2020, India made a strong comeback in 2021 with a growth rate of 9.7 percent in 2021 and 9.2 percent in 2023. While Pakistan’s GDP growth rate was just 3.43 percent.
India ahead in terms of employment
Looking at the employment angle, the unemployment rate in India was 8.9 percent in 2018, which is relatively high. Estimated by 2025, it has declined by 4.9 percent. This shows that the job market here has continued to improve. At the same time, the unemployment rate in Pakistan increased even more than 5.8 % in 2018 to 8 percent in 2025.
In 2015, 4.9 percent and in 2024, with a rate of 4.7 percent, inflation was under control in India. At the same time, there has been a surge in inflation in Pakistan. It increased from 4.5 percent to 23.4 percent in 2024 in 2015, indicating an atmosphere of economic stress and instability in Pakistan.
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