Market Overview & Information
The name of the city, Islamabad is derived from two words, Islam and abad, meaning “City of Islam”. Islam is an Arabic word which refers to the religion of Islam and -abad is a Persian place name that means inhabited place or city.
Islamabad is the capital city of Pakistan located within the Islamabad Capital Territory. It has a population of 2 million and together with its neighbouring twin city of Rawalpindi. Islamabad is located in the Pothohar Plateau in the north-eastern part of the country. The city is home to the Faisal Mosque, the largest mosque in South Asia and the fourth largest mosque in the world. Islamabad has one of the highest literacy rates in Pakistan. There are 16 recognized universities in Islamabad, including National Defence University, Air University, Quaid-i-Azam University and the National University of Sciences and Technology.
Islamabad Market Summary
Islamabad had an estimated population of 2.0 million in 2015
The total migrant population of the city is 397,731, with the majority from Punjab (201,977). Around 116,614 of the migrated population came from Khyber Pakhtunkhwa, 75,143 from Sindh, 24,438 from Azad Kashmir, and 21,372 from other countries.
Islam is the largest religion in the city, with 89.87% of the population Muslim. The second largest religion is Christianity, with 6.07% of the population, Hinduism accounts for 4.02% of the population, and other minorities 0.03%.
The majority of the population lies in the age group of 15–64 years, around 59.38%. Only 2.73% of the population is above 65 years of age; 37.90% is below the age of 15. Islamabad has the highest literacy rate in Pakistan, at 87%. 9.8% of the population has done intermediate education (equivalent to grades 11 and 12). 10.26% have a bachelor or equivalent degree while 5.2% have a master or equivalent degree.The labour force of Islamabad is 185,213 and the unemployment rate is 15.70%.