Source: Statista. "Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars)." Pakistan experience a double rate inflation of 13% leading to unstable changes in Pakistan G.D.P. In the long-term, the Pakistan GDP From Agriculture is projected to trend around 2385654.00 PKR Million in 2021 and 2481080.00 PKR Million in 2022, according to our econometric models. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … Statista . This feature is limited to our corporate solutions. Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. Register in seconds and access exclusive features. 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. (billed annually). 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. Accessed January 10, 2021. https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, IMF. Chart. Register in seconds and access exclusive features. "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). Learn more about how Statista can support your business. This feature is limited to our corporate solutions. To conclude on relationship between the economic growth and relationship, Malik base Mubarik( 2005) who found a positive correlation at a range of 0- 7% and beyond 7% is regarded as negative relationship. Statista. Indian economy is expected to rise to 6.6% and Bangladesh to grow by 7.8%, says WESP. and over 1 Mio. Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) [Graph]. Learn more about how Statista can support your business. Corporate solution including all features. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. Update, Insights into the world's most important technology markets, Advertising & Media Outlook This page has economic forecasts for Pakistan including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Pakistan economy. (October 12, 2020). 3. GDP Growth Rate in Sri Lanka averaged 5.88 percent from 2003 until 2017, reaching an all time high of 16.10 percent in the first quarter of 2012 and a record low of 0.50 percent in the fourth quarter of 2013. 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. Source – Statista The E-Commerce industry has a predominant contribution to Pakistan’s GDP with a worldwide growth rate of 13%, and it is escalating with a phenomenal strategy of making lives easy. Opportunities ahead to accelerate the impact of mobile-enabled 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. Pakistan Jump to. Current Pakistan GDP Growth Rate is 5.47%. The statistic shows gross domestic product (GDP) in Pakistan from 1984 to 2021. Pakistan economic growth for 2018 was $314.57B, a 3.28% increase from 2017. Then you can access your favorite statistics via the star in the header. Pakistan’s e-commerce market has witnessed phenomenal growth recently. 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. New, Figures and insights about the advertising and media world, Industry Outlook Based on the five indicators of economic activities, the economic dynamic of Pakistan can be described as follows: Growth in nominal GDP and GNP: Trend-It has been observed that the nominal GDP growth rate was 1.60% in 2010, and after that, there was an upward trend in growth rate of GDP upto 2018, i.e the growth rate was 5.83%. October 12, 2020. Please create an employee account to be able to mark statistics as favorites. 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 … Pakistan gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. Corporate solution including all features. New, Everything you need to know about the industry development, Find studies from all around the internet. Update, Insights into the world's most important technology markets, Advertising & Media Outlook 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 Then you will be able to mark statistics as favourites and use personal statistics alerts. IMF. In, IMF. The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. $59 per month* Statista. Pakistan GDP to slip to 2.1% in 2020-21: UN. (billed annually). Neither do India's nor do Pakistan's GDP is that low . World Bank national accounts data, and OECD National Accounts data files. GDP growth (annual %) - Pakistan. 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. Directly accessible data for 170 industries from 50 countries The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. 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. (April 15, 2020). You only have access to basic statistics. facts. Pakistan GDP Growth Rate table by year, historic, and current data. South Asia. The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. 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 In, IMF. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Pakistan gdp growth rate for 2018 was 5.84%, a 0.28% increase from 2017. Statista Inc.. Please contact us to get started with full access to dossiers, forecasts, studies and international data. New, Figures and insights about the advertising and media world, Industry Outlook Profit from additional features by authenticating your Admin account. 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. Global Economic Prospects examines trends for the world economy and how they affect developing countries. 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 Then you will be able to mark statistics as favourites and use personal statistics alerts. Pakistan’s GDP growth is expected to fall to 3.4 per cent in the fiscal year 2019 from 5.8 per cent in FY2018, and to 2.7 per cent in FY2019-20. Chart. 1. Please do not hesitate to contact me. 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. 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). Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) [Graph]. You only have access to basic statistics. Please authenticate by going to "My account" → "Administration". $59 per month* Mobile technology contribution to social and economic progress in Pakistan 25 3.1 Contribution to economic growth 25 3.2 Contribution to national development aspirations in Pakistan 28 3.3 Assessing the impact of mobile across key sectors in Pakistan 30 4. GDP Growth Rate in Pakistan averaged 4.91 percent from 1952 until 2016, reaching an all-time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. facts. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. As the graph below shows, over the past 57 years this indicator reached a maximum value of 11.35 in 1970 and a minimum value of 0.47 in 1971. 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 … New, Everything you need to know about the industry development, Find studies from all around the internet. Forecasts by the IMF expect a decline in GDP growth to 1.85 percent in 2020 due to the coronavirus COVID-19 pandemic, and GDP growth of 8.24 percent in 2021. Pakistan and ADB. 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%. • 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. Please do not hesitate to contact me. Please create an employee account to be able to mark statistics as favorites. Pakistan has a growing semi- industrialized economy that relies on manufacturing, agriculture and remittances. World Bank national accounts data, and OECD National Accounts data files. Directly accessible data for 170 industries from 50 countries Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. ", IMF, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) Statista, https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/ (last visited January 10, 2021), 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 2025*, Pakistan: Share in global GDP adjusted for PPP 2025*, 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) 2025*, Ratio of military expenditure to gross domestic product (GDP) in Pakistan 2019, Ratio of government expenditure to gross domestic product (GDP) in Pakistan 2025, Pakistan's budget balance in relation to GDP 2025, New cases of COVID-19 worldwide from January 23, 2020 to January 7, 2021, by day, Deaths from U.S. air strikes in Pakistan 2004-2017, Consumer spending in Pakistan 2013-2018, per capita, Crop protection costs in Pakistan 2015, by crop, Total of retail net sales in Pakistan 2013-2018, Life expectancy at birth in Pakistan 2018, by gender, Perceived contribution of Pakistani immigrants to life in Great Britain (UK) in 2014, Mortality rate in Pakistan 2018, by gender, Passenger cars in use - Pakistan 2006-2015, Value of U.S. merchandise trade with Pakistan 2000-2010, Retail net sales in Pakistan 2013-2018, per capita, Household electricity consumption per capita in Pakistan 2000-2016, Record of the attacks on NATO supply in Pakistan 2014, Total consumer spending in Pakistan 2013 to 2018, Direct export volume of PU leather from Taiwan 2009-2019, Embroidery lace sales quantity in Japan 2012-2019, Production volume of polyethylene Japan 2012-2019, Miscellaneous services share in office absorption in India 2015-2018, Forged ordinary steel production volume in Japan 2012-2019, 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. 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