The economy of Khyber Pakhtunkhwa, a province of
Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's fifth-most populous country, with a population of almost 243 million people, and has the world's second-lar ...
, is the
3rd largest in the country.
Khyber Pakhtunkhwa
Khyber Pakhtunkhwa (; ps, خېبر پښتونخوا; Urdu, Hindko: خیبر پختونخوا) commonly abbreviated as KP or KPK, is one of the Administrative units of Pakistan, four provinces of Pakistan. Located in the Geography of Pakistan, ...
's share of Pakistan's total GDP has historically comprised 10.5%, although the province accounts for 11.9% of Pakistan's total population, rendering it the second-poorest province after neighboring
Balochistan
Balochistan ( ; bal, بلۏچستان; also romanised as Baluchistan and Baluchestan) is a historical region in Western and South Asia, located in the Iranian plateau's far southeast and bordering the Indian Plate and the Arabian Sea coastline. ...
. The part of the economy that Khyber Pakhtunkhwa dominates is forestry, where its share has historically ranged from a low of 34.9% to a high of 81%, giving an average of 61.56%. Currently, Khyber Pakhtunkhwa accounts for 10% of Pakistan's GDP, 20% of Pakistan's mining output and since 1972, it has seen its economy grow in size by 3.6 times.
Agriculture remains the important and the main cash crops include wheat, maize, Tobacco (in Swabi), rice, sugar beets, as well as various fruits are grown in the province.
Some manufacturing and high tech investments in Peshawar has helped improve job prospects for many locals, while trade in the province involves nearly every product. The bazaars in the province are renowned throughout Pakistan. Unemployment has been reduced due to establishment of industrial zones.
Numerous workshops throughout the province support the manufacture of small arms and weapons of various types. The province accounts for at least 78% of the
marble
Marble is a metamorphic rock composed of recrystallized carbonate minerals, most commonly calcite or dolomite. Marble is typically not foliated (layered), although there are exceptions. In geology, the term ''marble'' refers to metamorphose ...
production in Pakistan.
References
{{Economy of Pakistan
Khyber