Unemployment in Pakistan

Pakistan Unemployment | Economic News & Forecasts

Pakistan - Unemployment

The economy is facing testing times. Although exports and inflows from remittances increased in the first three months of this fiscal year, which began in July, higher oil prices are pressuring the current account deficit. Moreover, foreign exchange reserves hit multi-year lows at the close of September and the currency fell to a record low against the U.S. dollar in early October. Against this backdrop, on 18 September the government raised import duties on 5,000 different items, hiked income taxes and scaled back tax breaks. On 8 October, the finance minister also announced that the government would seek an IMF bailout.

Pakistan - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate6.0  6.0  5.9  6.0  -     

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Pakistan Unemployment Chart


Pakistan Unemployment
Note: Unemployment in % of active population.
Source: State Bank of Pakistan

Pakistan Facts

ValueChangeDate
Bond Yield12.000.0 %Oct 16
Exchange Rate131.4-0.05 %Oct 16

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