The livestock sector, meanwhile, witnessed growth of 3.43 per cent, while fishing and forestry grew by 1.23 per cent and 14.49 per cent, respectively. Alphabetically | To complete your registration, please click the verification link sent to: If you do not receive an email within 15 minutes, please check your spam folder or contact us for help. Pakistan real GDP growth was at level of 3.3 % in 2019, down from 5.5 % previous year. Get monthly informed analysis on world property markets and exclusive, early access to investment opportunities delivered right to your inbox. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. View the change in real GDP per Capita in Pakistan in the last 5 years. All rights reserved. CurrentRequestUnmodified: /business/economyPakistani-rupee-at-all-time-low,-will-the-fall-continue%3F- Search and explore the world’s largest statistical database to find data. "The growth rate was just three per cent in 2013, which has now risen to 5.3 per cent and this growth is also being acknowledged at the world level," Senator Mohammad Ishaq Dar said while launching the Pakistan Economic Survey for the outgoing fiscal year in Islamabad on Thursday. As a result, Pakistani products gradually lost their market share to competitors. Knoema is the most comprehensive source of global decision-making data in the world. The data reached an all-time high of 7.5 % in Jun 2004 and a record low of 0.5 % in Jun 2020. Descending Rank, The percentage change in GDP per capita for the latest 5 years for which data is published. All new KT app is available for download: Get the latest news around the world in your inbox, so you dont miss out on the action. World Bank national accounts data, and OECD National Accounts data files. Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. In October of fiscal year 2017, foreign exchange reserves hit an all-time high at $24.3 billion, of which net reserves with the State Bank of Pakistan were $18.93 billion, while scheduled banks had $5.10 billion. Despite several internal and external challenges, Pakistan's gross domestic product recorded its highest growth in 10 years of 5.3 per cent during the outgoing fiscal year 2016-17. Dar said that cotton production grew by 7.6 per cent, wheat by 0.5 per cent, rice by 0.7 per cent, sugarcane by 4.4 per cent and maize by 16.3 per cent. Pakistan gdp … The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. Export It said due to the war in Afghanistan, Pakistan has faced the most serious consequences - from political to security, socio-economic and environmental - over the decades. The delay is due to 'the prevailing situation arising out of Covid-... READ MORE, 76 per cent of the executives surveyed in the UAE believe they have... READ MORE, Apple launched four variants of the iPhone 12 on October 13; the 12... READ MORE, The European rebound, reflected in figures released on Friday by EU... READ MORE, The couple launched the restaurant just a little more than a month... READ MORE, Juventus’ next match is away to Spezia in Serie A on Sunda READ MORE, After the "daily craziness" of past years, Doug Cutchins, an expat... READ MORE, The UAE authorities have set clear guidelines and tightened security... READ MORE, Coronavirus: UAE reports 1,172 Covid-19 cases, 1,460 recoveries, 2 deaths, UAE: Up to Dh200,000 fine, jail term for accessing data without authorisation, DPS Sharjah mourns the death of founding principal Abha Sehgal, Photos: This restaurant serves free food to the needy in UAE, New arrest after France church attack, security tightened, Keep kids away from balconies this winter: Abu Dhabi Police, Coronavirus: Guide to camping in the UAE amid Covid-19, Police in Russia shoot dead teen after he stabs officer, Major 7.0 magnitude quake hits western Turkey: USGS, Suspected Nice attacker’s family say he showed no signs of extremism, From the archives: Woman in Dubai trapped in bathroom for 17 hours, News in a Minute: Top headlines of the day you shouldn't miss, IPL 2020: MI skipper Rohit Sharma nearing match fitness. macro_adspot: ©2020 Galadari Printing and Publishing LLC.

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