Please create an employee account to be able to mark statistics as favorites. Directly accessible data for 170 industries from 50 countries Pakistan economic growth for 2019 was $278.22B, a 11.55% decline from 2018. Pakistan has a growing semi- industrialized economy that relies on manufacturing, agriculture and remittances. 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 Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. Accessed January 10, 2021. https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/, IMF. Are you interested in testing our corporate solutions? ADB operations in Pakistan will increase significantly in the next 3 years with continued focus on energy, natural resource management, urban development, transport infrastructure, and institutional reforms, as well as re-engagement in education and health. 18 January 2020: In its World Economic Situation and Prospects (WESP) 2020 report, the UN forecasts Pakistan’s GDP growth to slip to 2.1% this year (fiscal 2020-21). For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. Are you interested in testing our corporate solutions? GDP growth (annual %) - Pakistan. Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. GDP Growth Rate in Iceland averaged 0.79 percent from 1995 until 2020, reaching an all time high of 11.10 percent in the second quarter of 1998 and a record low of -10.80 percent in the first quarter of 2009. But again I have a few steps for improving GDP of Pakistan . GDP growth (annual %) - Sri Lanka. GDP Annual Growth Rate in Pakistan averaged 4.87 percent from 1952 until 2019, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. IMF. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … Please authenticate by going to "My account" → "Administration". Neither do India's nor do Pakistan's GDP is that low . Statista. Iceland’s gross domestic product expanded 2.6 percent on quarter in the three months to September 2020, rebounding from a downwardly revised 7.3 percent contraction in Q2. Statista . Statista. France has a diversified economy, that is dominated by the service sector (which represented in 2017 78.8% of its GDP), whilst the industrial sector accounted for 19.5% of its GDP and the primary sector accounted for the remaining 1.7%. Opportunities ahead to accelerate the impact of mobile-enabled New, Everything you need to know about the industry development, Find studies from all around the internet. World Bank national accounts data, and OECD National Accounts data files. In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but … The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. 1. South Asia. Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) [Graph]. "Pakistan: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021* (in Billion International Dollars). Pakistan gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. Pakistan GDP to slip to 2.1% in 2020-21: UN. "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). April 15, 2020. Pakistan experience a double rate inflation of 13% leading to unstable changes in Pakistan G.D.P. Chart. and over 1 Mio. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * Estimate.Figures have been rounded up to facilitate the comprehension of the statistic. I am an Indian so with no doubt my answers will be taken judgementally. Profit from additional features by authenticating your Admin account. Pakistan’s e-commerce market has witnessed phenomenal growth recently. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: COVID-19 deaths worldwide as of January 8, 2021, by country, COVID-19 cases worldwide as of January 8, 2021, by country, Coronavirus (COVID-19) cases, recoveries, and deaths worldwide as of Jan. 8, 2021, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jan. 7, 2021, by day. Profit from additional features by authenticating your Admin account. In 2019, agriculture contributed around 22.04 percent to the GDP of Pakistan, 18.34 percent came from the industry, and over half of the economy’s contribution to GDP … Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. Learn more about how Statista can support your business. The fifth largest trading nation in the world (and second in Europe after Germany). The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) [Graph]. The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. The number of registered e-commerce merchants has risen by 2.6-times and e … • Pakistan - Gross domestic product (GDP) growth rate 2025 | Statista Pakistan’s gross domestic product (GDP) growth was 5.53 percent in 2018 after adjusting for inflation. The Gross Domestic Product (GDP) in Sri Lanka expanded 1.40 percent in the fourth quarter of 2017 over the same quarter of the previous year. Learn more about how Statista can support your business. $59 per month* Pakistan gdp growth rate for 2019 was 0.99%, a 4.85% decline from 2018. Then you will be able to mark statistics as favourites and use personal statistics alerts. grew at a rate of 1.6% per annum and manufacturing grew at a rate of 7.7% per annum in the 1950s.24 In 1959-60, Per Capita GNP was Rs.355 in West Pakistan and Rs.269 in East Pakistan.25 The 1960s: era of economic growth Amidst massive inflow of American aid, political stability enabled Pakistan … Global Economic Prospects examines trends for the world economy and how they affect developing countries. Economic indicators for Pakistan Pakistan's GDP expected to contract by 0.4% in 2020 and grow by 2.0% in 2021 – ADO 2020 Update Pakistan's inflation rates forecasted at 10.7% in 2020 and 7.5% in 2021 – ADO 2020 Update Please authenticate by going to "My account" → "Administration". Please do not hesitate to contact me. Source: Statista. Indian economy is expected to rise to 6.6% and Bangladesh to grow by 7.8%, says WESP. Then you can access your favorite statistics via the star in the header. 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