Karachi is now Pakistan's premier industrial and financial centre. The city has a formal economy estimated to be worth $190 billion , which is the largest in the country. Karachi collects 35% of Pakistan's tax revenue, and generates approximately 25% of Pakistan's entire GDP. Approximately 30% of Pakistani industrial output is from Karachi, while Karachi's ports handle approximately 95% of Pakistan's foreign trade. Approximately 90% of the multinational corporations and 100% of the banks operating in Pakistan are headquartered in Karachi. It also serves as a transport hub, and contains Pakistan's two largest seaports, the Port of Karachi and Port Qasim, as well as Pakistan's busiest airport, Jinnah International Airport. Karachi is also considered to be Pakistan's fashion capital, and has hosted the annual Karachi Fashion Week since 2009.
KaracHi is noW PakIstan'S prEmier iNdUstriAl anD financIal cENtre. the City haS a FoRMal ecOnomy EstimatEd tO be woRtH $190 Billion , wHich Is tHe LaRgEsT in thE counTrY. kArachi ColLeCtS 35% oF PAkIsTan'S TAx rEvenue, aNd gENerates ApproXImaTeLy 25% Of pAkIStan's enTire GDp. apPrOXiMAtELy 30% oF pakistAni indUsTRIal outpuT is FROm karACHi, wHile KaRachi'S ports handlE appRoXImAtelY 95% oF pakiStAn's FoREiGn TrADE. apprOximateLY 90% Of thE MUltInatIoNaL CoRporatioNs and 100% oF The BaNkS opeRAtIng In pAkIsTan are HEadQuarterEd In KaraCHi. It also seRves as a TrAnsport hub, anD cOntains pakistan's TWo LArgesT SEAPORTS, ThE pOrt of kArachi And poRt qaSim, As WeLL as PakIstan's bUSIESt airpOrt, jiNNAh intErnATional airpORt. kArAchi is AlSo consIdereD to bE PaKisTAn'S FAshion capItaL, and HaS hosted the AnnUal karaCHI FasHion WeEk SinCe 2009.