Home Facts vs Fiction Impact of CPEC on Pakistan’s economy-Fact Sheet
Facts vs Fiction - September 5, 2019

Impact of CPEC on Pakistan’s economy-Fact Sheet

GDP Growth

  • $62 billion to be added to the economy, 20% of the total GDP of Pakistan.
  • Pakistan’s GDP growth rate increased from 4.7% in 2015 to 5.4% in 2016 (World Bank)
  • Pakistan total GDP has increased from $244 billion in 2014 to more than $ 300 billion in 2017(World Bank)
  •  $13 billion will be added to Pakistan’s GDP by 2025 (IMF)
  • 2 to 2.5% annual economic growth rate expected till 2030.  (Applied Economics Research Centre)

Energy generation

  • Access to electricity for the rural population increased from 90.3% in 2015 to 98.8% in 2016 (World Bank)
  • Transmission and Distribution Losses went down to 16.5% in 2017 from 19% in 2015 (Ministry of Finance)
  • Bill recoveries increased from 16% in 2015 to 19% in 2017 (Ministry of Finance)
  • Installed capacity of electricity is 29,573 MW in 2018, which was 22,812 MW in 2013 (Pakistan Economic Survey)
  • Electricity generation increased from 96,496 GW/h to 117,326 GW/h (Ministry of Finance)
  • A total of $ 33.8 billion in energy project have added 12,230 Megawatts of energy (Pakistan Economic Survey)

Job Creation

  • Early harvest projects of CPEC have created 30,000 direct jobs for Pakistanis (ACCA Global and PCI)
  • 800,000 direct jobs estimated in the next 15 years. (Ministry of Planning and Development)
  • Construction of ML-1 projects will further create 10,000 to 15,000 direct jobs this year (Ministry of Planning and Development)
  • CPEC will reduce unemployment by 2.32 million by end of 2018 (Global Times)
  • 75% of the total employees working in CPEC projects are Pakistanis, contrary to the belief that the Chinese have a higher representation (Ministry of Planning and Development)


Figure 1 CPEC investment breakdown


Figure 2: Annual GDP growth rate from 2013-16














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