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Pakistan – UAE Trade Relations (Fact Sheet)

Banking Sector in Pakistan (Facts & Figure)
Export Receipts UAE (Thousand US Dollar)
State Bank Of Pakistan
Country Jul-Jun Oct Sep (R) Oct (P) Jul-Oct
FY22 FY23 FY23 FY24 FY24 FY23 FY24 P
U. A. E. Abudhabi 75,856 77,921 5,123 10,325 5,805 27,097 26,678
U. A. E. Ajman 64,535 14,459 1,113 1,939 2,487 5,778 6,605
U. A. E. Dubai 1,598,401 1,329,087 117,897 133,898 140,218 449,891 521,881
U. A. E. Fujairah 1,683 6,273 0 209 119 178 27,895
U. A. E. Ras Al Khaimah 11,255 8,490 2,172 27,023 316 3,831 28,496
U. A. E. Sharjah 95,725 39,289 2,678 3,198 3,857 12,001 13,340
U. A. E. Ummal Quwain 1,536 403 141 1 525 251 598

Country-Wise Workers’ Remittances in Pakistan (Provisional) (Million US Dollar)
Country October SeptemberR October July-October
Amount YoY growth (percent)
2023 2023 2022 FY24 FY23 FY22 FY24 FY23
Cash 2,462.9 2,208.1 2,247.6 8,794.6 10,144.8 10,827.2 (13.3) (6.3)
1. USA 283.3 263.8 261.7 1,051.0 1,130.1 1,000.8 (7.0) 12.9
2. U.K. 330.2 311.3 280.7 1,277.8 1,372.6 1,492.4 (6.9) (8.0)
3. Saudi Arabia 616.8 538.3 582.5 2,132.9 2,528.8 2,785.2 (15.7) (9.2)
4. UAE 473.9 399.8 426.1 1,497.6 1,900.6 2,080.2 (21.2) (8.6)
Dubai 360.9 301.5 332.3 1,141.8 1,451.3 1,614.7 (21.3) (10.1)
Abu Dhabi 108.0 95.2 88.7 338.6 426.4 438.8 (20.6) (2.8)
Sharjah 3.6 2.2 3.0 12.0 15.5 21.2 (23.1) (26.8)
Other 1.4 0.9 2.0 5.2 7.4 5.4 (29.2) 36.4
5. Other GCC Countries 269.5 248.1 259.4 990.6 1,141.2 1,210.7 (13.2) (5.7)
Bahrain 36.9 33.4 35.3 135.9 164.0 182.2 (17.2) (10.0)
Kuwait 69.0 64.7 65.8 253.0 289.4 319.4 (12.6) (9.4)
Qatar 75.8 70.8 77.9 284.0 327.2 329.1 (13.2) (0.6)
Oman 87.7 79.2 80.4 317.7 360.6 379.9 (11.9) (5.1)

United Arab Emirates GDP Annual Growth Rate
Related Last Previous Unit Reference
GDP Growth Rate 2.00 1.70 percent Dec 2019
GDP Annual Growth Rate 3.80 5.50 percent Mar 2023
GDP Constant Prices 1623517.00 1499016.35 AED Million Dec 2022
Gross Fixed Capital Formation 286073.90 270277.44 AED Million Dec 2020

Pakistan: Sectoral Point Contribution At Constant Prices 2015-16
Details 2019-20 2020-21 2021-22 2019-20 2020-21 2021-22 2019-20 2020-21 2021-22
As percent of GDP Growth Rates (%) Point Contribution
A. Agriculture 23.5 23.0 22.7 3.9 3.5 4.4 0.88 0.82 1.01
B. Industry 18.5 18.9 19.1 (5.7) 7.8 7.2 (1.1) 1.45 1.36
Commodity Producing Sector (A+B) 42.1 41.9 41.8 (0.6) 5.4 5.7 (0.2) 2.27 2.37
C. Services Sector 57.9 58.1 58.2 (1.2) 6.0 6.2 (0.7) 3.48 3.59
GDP (GVA) 100 100 100 (0.94) 5.74 5.97 (0.94) 5.74 5.97

Pakistan: Components Of Services
Details Share in Services Share in GDP
1. Wholesale & Retail Trade 32.4 18.8
2. Transport & Storage 17.8 10.4
3. Accommodation and Food Services Activities (Hotels & Restaurants) 2.4 1.4
4. Information and Communication 4.6 2.7
5. Finance and Insurance Activities 3.2 1.9
6. Real Estate Activities (OD) 9.6 5.6
7. Public Administration and Social Security (General Government) 8.0 4.6
8. Education 5.1 3.0
9. Human Health and Social Work Activities 2.7 1.5
10. Other Private Services 14.3 8.3
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