Category: Pakistan’s economy

Pakistan’s Economy

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http://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=PK

Pakistan GDP Growth Rate  1952-2016 | Data | Chart | Calendar | Forecast

The Gross Domestic Product (GDP) in Pakistan expanded 4.24 percent in 2015 from the previous year. GDP Growth Rate in Pakistan averaged 4.91 percent from 1952 until 2015, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. GDP Growth Rate in Pakistan is reported by the Pakistan Bureau of Statistics.

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Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semi-industrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid. This page provides – Pakistan GDP Growth Rate – actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan GDP Growth Rate – actual data, historical chart and calendar of releases – was last updated on November of 2016.

 

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