Karachi is now Pakistan’s premier industrial and financial centre.
The city has a formal economy estimated to be worth $164 billion as of 2019 which is the largest in Pakistan.
|GDP/PPP||$164 billion (2019)|
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Who is considered rich in Pakistan?
Mian Mansha being the richest in Pakistan have net worth of more than $1 billion.
Is Karachi very cheap for living?
Cost of living index in Karachi is 79.02% lower than in New York. Rent in Karachi is, in average, 95.68% lower than in New York. Cost of living rank 463th out of 465 cities in the world. Karachi has a cost of living index of 20.98.
What Karachi is famous for?
Karachi is best known for being the business hub of Pakistan and one of the most densely populated cities in the world with a diverse and multicultural population drawn to the opportunities for employment and business.
Is Karachi the largest city in the world?
With rapid urbanization in Pakistan, Karachi has become the world’s biggest city with a metro area population of 18 million people, according to Citymayors stats published recently.