pakistan gross domestic product

As of 2017[update], according to Wall Street Journal, citing estimates largely based on income and the purchase of consumption goods, had suggested that as many as 42% of Pakistan's population may now belong to the upper and middle classes.

Prime Minister’s Youth Program includes six schemes which are Prime Minister’s Youth Business Loan Scheme, Prime Minister’s Interest Free Loan Scheme, Prime Minister’s Youth Skill Development Program, Prime Minister’s Program for Provision of Laptops to Talented Students, Prime Minister’s Fee Reimbursement Scheme,Prime Minister’s Youth Training Scheme". In FY 2013, FBR tax collection was Rs.1,946 billion. Note : This is the merchandised trade data (export and import) as released by the SBP. Funding in science and education has been a primary policy of the Government of Pakistan, since 1947. [168] A privatization program in the 1990s lead to the entry of foreign-owned and local banks into the industry. However, the industry has survived through the tough period and continues to regain subscribers at a fast pace. Ufone, Mobilink and Telenor while China Mobile's Zong got 3G as well as a 4G licence. [192] The government decided in 2011 to cut off ties with the IMF. However, the recent development activities in the Qatar FIFA World Cup, Dubai Expo, Saudi Arabia's implementation of its Vision 2030 and particularly the recent visit of the P.M to Kuwait should all be helpful in opening new avenues for employment in these countries . This can be confirmed by the World Bank's Ease of Doing Business Index report degrading its ratings for Pakistan each year since September 2009. A bulk of Pakistan's exports are directed to the OECD region and China. Pakistan gdp for 2019 was $278.22B, a 11.55% decline from 2018.

[86], Data is taken from State bank of Pakistan.[93][94]. [102][citation needed] The stock market capitalisation of listed companies in Pakistan was valued at $5,937 million in 2005 by the World Bank. [206] In 2011, Pakistan ranked 134 on the index with 42 countries ranking worse. Pakistan's largest food crop is wheat.

[217], Pakistan External Debt Servicing (Principal + Interest), Information communication technology industry, Foreign trade, remittances, aid, and investment. If these numbers are correct, or even indicative in any broad sense, then 87 million Pakistanis belong to the middle and upper classes, a population size which is larger than that of Germany. As per FY 2016 data, more than half of country's exports are shipped to these two destinations i.e. [125] Sugarcane and rice production surpassed their historic level with 82.1 and 7.4 million tons respectively. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook [200] The pace of revenue mobilization has witnessed an upward trajectory since FY 2013. But still Pakistan's merchandise trade exports grew by 0.1 percent during the fiscal year 2016–17. [145] By 2009, Pakistan had improved its rank by ten places to reach 20th. In Pakistan SMEs have a significant contribution in the total GDP of Pakistan, according to SMEDA and Economic survey reports, the share in the annual GDP is 40% likewise SMEs generating significant employment opportunities for skilled workers and entrepreneurs. [47] The economy has suffered in the past from internal political disputes, a fast-growing population, mixed levels of foreign investment. The basic unit of currency is the Rupee, ISO code PKR and abbreviated Rs, which is divided into 100 paisas. A bulk of Pakistan's exports are directed to the OECD region and China. Paging and mobile (cellular) telephones were adopted early and freely. In recent years, the country has seen rapid growth in industries (such as apparel, textiles, and cement) and services (such as telecommunications, transportation, advertising, and finance). Pakistan is manufacturing and selling weapons to over 40 countries, bringing in $20 million annually. The economic importance of agriculture has declined since independence, when its share of GDP was around 53%. [52] Foreign exchange reserves are bolstered by steady worker remittances, but a growing current account deficit – driven by a widening trade gap as import growth outstrips export expansion – could draw down reserves and dampen GDP growth in the medium term. Fiscal Sustainability: A Historical Analysis of Pakistan’s Debt Conundrum. [148], As of 2010[update], Pakistan is one of the largest users of CNG (compressed natural gas) in the world.

Please authenticate by going to "My account" → "Administration". The recent improvements in the economy and the business environment have been recognised by international rating agencies such as Moody's and Standard and Poor's (country risk upgrade at the end of 2003). Pakistan has a population of over 220 million [39] (the world's 5th-largest), giving it a nominal GDP per capita of $1,357 in 2019,[40] which ranks 154th in the world and giving it a PPP GDP per capita of 5,839 in 2019, which ranks 132nd in the world for 2019. Particularly, expenditures under Public Sector Development Program (PSDP) have been raised adequately in order to meet the investment requirements. The wholesale and retail trade sector is based on the margins taken by traders on the transaction of commodities traded. Pakistan has a population of over 220 million (the world's 5th-largest), giving it a nominal GDP per capita of $1,357 in 2019, which ranks 154th in the world and giving it a PPP GDP per capita of 5,839 in 2019, which ranks 132nd in the worldfor 2019. [162], Pakistan Telecommunication Authority released the figures in August 2020 that Broadband subscribers in the country reached to approximately 87 millions.[162]. Paging and mobile (cellular) telephones were adopted early and freely. … Its share in the overall services sector is estimated at 31.5 percent.

", IMF, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) Statista, (last visited October 30, 2020), Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021*, Life expectancy at birth in Pakistan 2018, Median age of the population in Pakistan 2015, Gross domestic product (GDP) in Pakistan 2021*, Gross domestic product (GDP) per capita in Pakistan 2019, Gross domestic product (GDP) growth rate in Pakistan 2021*, Pakistan: Share in global GDP adjusted for PPP 2024*, Distribution of gross domestic product (GDP) across economic sectors Pakistan 2019, Employment by economic sector in Pakistan 2020, Youth unemployment rate in Pakistan in 2020, National debt of Pakistan in relation to gross domestic product (GDP) 2024*, Ratio of military expenditure to gross domestic product (GDP) in Pakistan 2019, Ratio of government expenditure to gross domestic product (GDP) in Pakistan 2024, Pakistan's budget balance in relation to GDP 2021, Cumulative cases of COVID-19 worldwide from January 8 to October 29, 2020, by day, Value of U.S. merchandise trade with Pakistan 2000-2010, Pakistan: opium poppy field destruction 1996-2015, Americans' views of Pakistan, Afghanistan and North Korea from 2001 to 2012, Deaths from U.S. air strikes in Pakistan 2004-2017, Pakistan - the number of U.S. air strikes 2004-2018, Number of Pakistani immigrants living in France 2016, by age, Soybean oil consumption Pakistan 2009-2018, Total consumer spending in Pakistan 2013 to 2018, Life expectancy at birth in Pakistan 2018, by gender, Passenger cars in use - Pakistan 2006-2015, Real GDP growth agriculture sector Philippines 2015-2021, Number of clean rivers in Malaysia 2013-2018, Light metal plate beverage cans production volume in Japan 2012-2019, Mackerel production volume in Japan 2010-2019, Total aluminum domestic sales volume in India 2014-2016, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. [64], In 2017, Pakistan's GDP in terms of purchasing power parity crossed $1 trillion. The Pakistan Bureau of Statistics provisionally valued this sector at Rs.807,807 million in 2012 thus registering over 510% growth since 2000.

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