GDP growth (annual %) - Pakistan. 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. Learn more about how Statista can support your business. Pakistan is one of the poorest and least developed countries in Asia. Statista . Please contact us to get started with full access to dossiers, forecasts, studies and international data. 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 … Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) [Graph]. New, Everything you need to know about the industry development, Find studies from all around the internet. 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: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021* (in Billion International Dollars). Source: Statista. Pakistan gdp growth rate for 2019 was 0.99%, a 4.85% decline from 2018. Chart. Learn more about how Statista can support your business. 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. Global Economic Prospects examines trends for the world economy and how they affect developing countries. 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. Annual GDP Growth (%) Pakistan. • 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. New, Figures and insights about the advertising and media world, Industry Outlook Statista. 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 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. Opportunities ahead to accelerate the impact of mobile-enabled Growth rate of real gross domestic product (GDP) of selected South Asian countries from 2015 to 2019 with forecasts from 2020 to 2021. 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. Accessed January 10, 2021. https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, IMF. 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. Then you will be able to mark statistics as favourites and use personal statistics alerts. The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. Pakistan’s e-commerce market has witnessed phenomenal growth recently. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Corporate solution including all features. 1. Update, Insights into the world's most important technology markets, Advertising & Media Outlook (billed annually). 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. 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). World Bank national accounts data, and OECD National Accounts data files. Register in seconds and access exclusive features. Please do not hesitate to contact me. Pakistan GDP to slip to 2.1% in 2020-21: UN. $59 per month* Pakistan Jump to. Are you interested in testing our corporate solutions? Please authenticate by going to "My account" → "Administration". Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. and over 1 Mio. Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. Pakistan experience a double rate inflation of 13% leading to unstable changes in Pakistan G.D.P. World Bank national accounts data, and OECD National Accounts data files. 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. April 15, 2020. 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%. 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. Please create an employee account to be able to mark statistics as favorites. Neither do India's nor do Pakistan's GDP is that low . 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. Then you will be able to mark statistics as favourites and use personal statistics alerts. 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 But again I have a few steps for improving GDP of Pakistan . ", 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. Pakistan and ADB. Corporate solution including all features. Statista Inc.. 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. Profit from additional features by authenticating your Admin account. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … The number of registered e-commerce merchants has risen by 2.6-times and e … "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). 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. Statista. 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