As of 2023, Pakistan's economy is diverse, with agriculture, manufacturing, and services sectors. Agriculture, including crops like wheat and cotton, plays a key role. The textile industry is a major contributor to manufacturing. The services sector, especially finance, telecom, and IT, is growing. Challenges include fiscal deficits, energy shortages, and security concerns. Reforms are being implemented to address these issues. Pakistan's geopolitical position, including the China-Pakistan Economic Corridor, influences its economic landscape. For the latest information on the economy in 2024, refer to current sources.