The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. Accessed January 10, 2021. https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/, IMF. "Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year)." Pakistan is one of the poorest and least developed countries in Asia. 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. Annual GDP Growth (%) Pakistan. Chart. Please contact us to get started with full access to dossiers, forecasts, studies and international data. You only have access to basic statistics. GDP growth (annual %) - Pakistan. Register in seconds and access exclusive features. 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. World Bank national accounts data, and OECD National Accounts data files. Accessed January 10, 2021. https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, IMF. The statistic shows gross domestic product (GDP) in Pakistan from 1984 to 2021. 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). "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). Growth rate of real gross domestic product (GDP) of selected South Asian countries from 2015 to 2019 with forecasts from 2020 to 2021. The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. Pakistan Jump to. GDP growth (annual %) - Sri Lanka. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … 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 gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. IMF. Statista Inc.. Global Economic Prospects examines trends for the world economy and how they affect developing countries. 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. Update, Insights into the world's most important technology markets, Advertising & Media 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. Learn more about how Statista can support your business. Pakistan GDP to slip to 2.1% in 2020-21: UN. 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 … 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. (billed annually). and over 1 Mio. 3. 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%. 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 Source: Statista. 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. The fifth largest trading nation in the world (and second in Europe after Germany). 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