Comparing India and Pakistan by Economy

Source World Bank : Nominal, PPP, Nominal per capita, PPP per capita
International Monetary Fund
Date30 Aug 2019

As of 2019, GDP of India is around of 10 times greater than Pakistan. In nominal terms gap is wider (above 10 times) than ppp terms (below 10 times). India is 5th largest country of the world in nominal method and 3rd largest economy in ppp method. Nominal ranking of Pakistan is 43 and PPP ranking is 25. India's economically largest states Maharashtra has GDP ($334 billion) greater than Pakistan. Margin between these two countries was lowest in 1993 when Nominal GDP of India was 5.43x of Pakistan and highest was in 1973 (13.53x).

Both countries together share 9.78% and 18.15% of total Asia's GDP.

Both countries has been neck-to-neck in gdp per capita terms. Margin is being wider in favour of India since 2009. In 2019, per capita income of India would be 1.62 times all time higher than Pakistan on exchange rate basis. 2006 is the previous year when Pakistan was more richer than India. Both nations are at very lower position in World GDP per capita ranking. rank of India is 145 (nominal) and 126 (PPP). World rank of Pakistan is 156 (nominal) and 140 (PPP). Out of 33 Indian states/UTs, 28 states/UTs are more richer than Pakistan.

India attains maximum gdp growth rate of 9.63% in year 1988 and minimum -5.24% in 1979. Pakistan reached an all time high of 10.35% in 1970 and a record low of 0.47% in 1971. During period 1961 to 2017, Pakistan grew by more than 10% in 3 years while India never. GDP growth rate was negative in four years for India, but Pakistan has never showed negative growth rate.

According to CIA Fackbook sector wise GDP composition of India in 2017 are as follows : Agriculture (15.4%), Industry (23%) and Services (61.5%). Sector wise GDP composition of Pakistan in 2017 are : Agriculture (24.7%), Industry (19.1%) and Services (56.3%).

India vs Pakistan by GDP
India vs Pakistan by GDP per capita
India vs Pakistan by GDP Growth rate

Projections by IMF

Year Nominal GDP (billions $) PPP GDP (billions Int. $) Nominal GDP capita ($) PPP GDP capita (Int. $) Growth (%)
IndiaPakIndiaPak IndiaPakIndiaPakIndiaPak
20192,972.00278.0211,468.021,195.452,1991,3588,4845,8397.2572.905
20203,257.72-12,584.231,254.752,379-9,1896,0167.4892.813
20213,577.32-13,840.081,316.442,578-9,9746,1967.7402.781
20223,924.11-15,218.521,379.962,791-10,8256,3757.7312.700
20234,306.29-16,736.531,445.473,023-11,7506,5557.7422.620
20244,729.32-18,408.851,513.203,277-12,7576,7357.7372.540

Estimates by World Bank

Year Nominal GDP (billions $) PPP GDP (billions Int. $) Nominal GDP capita ($) PPP GDP capita (Int. $) Growth (%)
IndiaPakIndiaPak IndiaPakIndiaPakIndiaPak
196037.033.71--8282----
196139.234.05--8588--3.7235.987
196242.164.23--9090--2.9314.483
196348.424.54--10194--5.9948.689
196456.485.13--116103--7.4537.570
196559.555.88--119116---2.63610.419
196645.876.47--90124---0.0555.790
196750.137.40--96138--7.8265.401
196853.098.09--100147--3.3887.233
196958.458.63--108153--6.5405.508
197062.4210.03--112172--5.15711.353
197167.3510.60--119177--1.6430.468
197271.469.31--123152---0.5530.813
197385.526.32--144100--3.2967.064
197499.538.77--163135--1.1853.540
197598.4711.34--158170--9.1504.211
1976102.7213.34--161194--1.6635.156
1977121.4915.13--186213--7.2553.948
1978137.3017.82--206243--5.7138.049
1979152.9919.71--224261---5.2383.758
1980186.3323.69--267304--6.73610.216
1981193.4928.10--270348--6.0067.921
1982200.7230.73--274368--3.4766.537
1983218.2628.69--291333--7.2896.778
1984212.1631.15--277349--3.8215.065
1985232.5131.14--296338--5.2547.592
1986248.9931.90--310335--4.7775.502
1987279.0333.35--340339--3.9656.452
1988296.5938.47--354379--9.6287.625
1989296.0440.17--346384--5.9474.960
1990320.9840.011,079.96213.473683721,2371,9835.5334.459
1991270.1145.451,128.28231.863034101,2662,0931.0575.062
1992288.2148.641,217.26255.413174271,3392,2425.4827.706
1993279.3051.481,305.30266.063014401,4072,2724.7511.758
1994327.2851.891,421.94281.903464311,5042,3426.6593.737
1995360.2860.641,561.72302.093744901,6202,4417.5744.963
1996392.9063.321,710.38322.534004971,7412,5337.5504.847
1997415.8762.431,810.34331.424154761,8092,5294.0501.014
1998421.3562.191,943.93343.704134611,9072,5496.1842.550
1999458.8262.972,146.44361.424424542,0682,6078.8463.660
2000468.4073.952,278.71385.244435202,1572,7063.8414.260
2001485.4472.312,441.02401.504524952,2712,7504.8241.982
2002514.9472.312,573.96421.004714832,3542,8153.8043.224
2003607.7083.242,827.84449.605475442,5442,9377.8604.846
2004709.1597.983,134.05495.736286252,7743,1647.9237.369
2005820.38109.503,487.73550.367156833,0393,4337.9237.667
2006940.26137.263,882.92602.048078373,3323,6708.0616.178
20071,216.74152.394,292.69648.091,0289083,6283,8627.6614.833
20081,198.90170.084,511.26671.949999913,7573,9153.0871.701
20091,341.89168.154,903.03696.231,1029584,0263,9677.8622.832
20101,675.62177.415,381.66715.661,3589894,3603,9898.4981.607
20111,823.05213.595,782.04750.691,4581,1654,6254,0955.2412.748
20121,827.64224.386,214.47791.921,4441,1984,9104,2295.4563.507
20131,856.72231.226,727.35841.251,4501,2095,2524,3986.3864.396
20142,039.13244.367,362.57897.231,5741,2515,6834,5947.4104.675
20152,103.59270.568,036.33949.731,6061,3576,1344,7627.9964.731
20162,290.43278.668,787.921,013.181,7291,3686,6354,9768.1705.527
20172,652.55304.959,596.841,091.291,9811,4677,1695,2497.1685.701
20182,726.32312.5710,498.501,176.502,0161,4737,7625,5446.9825.430