US envoy predicts Pakistan’s rise into world’s top 15 economies
File photo
File photo
ISLAMABAD (Suno News): US Chargé d’Affaires in Pakistan Natalie Baker said that Pakistan could emerge among the world’s top economies by 2050.

Speaking at a webinar organized by the Business Council for International Understanding (BCIU), she said that the United States is playing a key role in driving trade and investment to unlock this potential.

The US Chargé d’Affaires emphasized that American businesses have immense opportunities in Pakistan, noting that their role could be vital for the country’s long-term growth and stability.

Baker praised Pakistan’s ongoing economic reforms and the government’s commitment to creating an investor-friendly environment. The event was joined by senior business leaders and representatives from financial institutions of both countries.

Highlighting Pakistan’s unique position, she pointed out that the country is home to over 250 million people, with 64 percent under the age of 30. This makes it not only the world’s fifth most populous country but also one of the youngest consumer markets on the globe.

Currently, Pakistan’s GDP stands at about $412 billion, ranking it 38th worldwide. However, Goldman Sachs projects that by 2050, this could soar to $3.3 trillion, placing Pakistan among the world’s top 10 to 15 economies.

Baker highlighted key sectors ripe for American investment, including IT and communications, agriculture, energy, infrastructure development, and critical minerals.

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She encouraged U.S. companies to collaborate with Pakistan through the U.S. Mission Pakistan’s Foreign Commercial Service team, stressing that this is the right moment to forge partnerships that can deliver prosperity and strengthen bilateral ties.

Natalie Baker’s remarks underscore the growing recognition of Pakistan’s economic potential on the global stage. With a young, tech-savvy population and major reforms aimed at improving the investment climate, the country is positioning itself as an attractive destination for international businesses.

The projection of a $3.3 trillion GDP by 2050 signals a transformative future, but this path depends heavily on consistent reforms, political stability, and sustainable infrastructure development.

For U.S. companies, Pakistan offers access to a vast consumer base, strategic geographic positioning, and untapped opportunities in energy, IT, agriculture, and minerals. If harnessed effectively, such collaborations could reshape Pakistan’s economy and elevate U.S.-Pakistan economic ties to a new level.