The paramilitary forces of Pakistan consist of various uniformed organisations largely equipped with light infantry weapons and charged with a range of internal and external duties. The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. However, provincial languages have no official status in Pakistan, except Sindhi in Sindh, given the fact that Urdu and English are the official languages of the country. The IMF Press Center is a password-protected site for working journalists. GDP in Pakistan averaged 78.69 USD Billion from 1960 until 2019, reaching an all time high of 314.57 USD Billion in 2018 and a record low of 3.71 USD Billion … The Middle East and Central Asia countries acted quickly and decisively in response to COVID-19. The pandemic has had a large impact on countries in the Middle East and Central Asia. The Wali Khan faction of the National Awami Party was formed after the 1967 split in the original NAP between Maulana Bhashani and Khan Wali Khan. The following outline is provided as an overview of and topical guide to Pakistan: A Member of the Provincial Assembly , or MPA, is a representative elected by the voters of an electoral district to the legislature or legislative assembly of a subnational jurisdiction. (photo: CHINE NOUVELLE/SIPA/Newscom). Weekly SPI, with base 2015-16, for the week ended on 22-10-2020 is 141.04 with -0.23 change over the previous week.. Read more Pakistan Tehreek-e-Insaf (PTI) is a centrist Pakistani political party and current ruling party of Pakistan. The provincial languages of Pakistan are a set of languages that are spoken and used in the four Provinces of Pakistan. PTI is one of three major political parties of Pakistan along with PML-N and PPP, and the largest party in terms of representation in National Assembly as of the 2018 Pakistani general election. Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. Pakistan GDP (Gross Domestic Product) was INT$1,083.93billion for 2019 in PPP terms. Pakistan Executive Board Calendar. Provincial elections were held in the Pakistani province of Sindh on 11 May 2013, alongside nationwide general elections and three other provincial elections in the provinces of Punjab, Balochistan and Khyber Pakhtunkhwa. GNI per capita in thousands of US$ (2011 PPP) in Pakistan by administrative unit, list of country subdivisions with a GDP over $100 billion, "GNI per capita in thousands of US$ (2011 PPP) - Global Data Lab", "Urban world: Cities and the rise of the consuming class", Emerging market city economies set to rise rapidly in global GDP rankings says PricewaterhouseCoopers LLP, Securities & Exchange Commission of Pakistan, Pakistan and the International Monetary Fund, List of top international rankings by country. © 2020 International Monetary Fund. … 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 GDP growth Each province and territory is subdivided into divisions, which are further subdivided into districts, which are further subdivided into tehsils, or taluka, which are further subdivided into union councils. The results of these elections were steeped in controversy due to rampant allegations of horse trading and vote-buying, which lead to the Prime Minister and opposition leader Imran Khan calling for reforms. GDP Growth Rate in 2017 was 5.70%, representing a change of 12,989,828,148 US$ over 2016, when Real GDP was $227,866,886,766. The GDP value of Pakistan represents 0.23 percent of the world economy. Pakistan gdp for 2018 was $314.57B, a 3.28% increase from 2017. As per 2018, Provincial share in total Tax Collection in Pakistan are Punjab 48%, Sindh 27%, Khyber Pakhtunkhwa 17%, Balochistan 8%. Pakistan gdp for 2016 was $278.65B, a 2.99% increase from 2015. This value can be further divided into the provincial levels (GSP), providing an outlook of how much value each province contributes to the national GDP. For a few countries where the official exchange rate does not reflect the rate effectively … This is a list of provinces of Pakistan by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective province) in nominal terms. Frequently Asked Questions on Pakistan Article IV Staff Reports Financial Position in the Fund Financial Sector Assessment Program Transactions with the Fund Central Bank Contact Us Resident Representative for Pakistan Teresa Daban Sanchez Resident Representative . The administrative units of Pakistan consist of four provinces, two autonomous territories and one federal territory. Shown below are the main languages of each the provinces: The economy of Lahore has a diversified base spanning from telecommunication, information technology, manufacturing industry, engineering, pharmaceuticals, steel, chemicals and construction material. Currently, Khyber Pakhtunkhwa accounts for 10% of Pakistan's GDP, 20% of Pakistan's mining output and since 1972, it has seen its economy grow in size by 3.6 times. The country is geographically and ethnically diverse, and has a number of historical and cultural heritage sites. Pakistan Bureau of Statistics for current month. Khyber Pakhtunkhwa's share of Pakistan's total GDP has historically comprised 10.5%, although the province accounts for 11.9% of Pakistan's total population, rendering it the second-poorest province after neighboring Balochistan. The part of the economy that Khyber Pakhtunkhwa dominates is forestry, where its share has historically ranged from a low of 34.9% to a high of 81%, giving an average of 61.56%. These districts are further divided into Tehsils, Union Councils. Listed below are items related to Pakistan. Pakistan gdp for 2017 was $304.57B, a 9.3% increase from 2016. [1]. Definition: Annual percentage growth rate of GDP at market prices based on constant local currency. Pakistan has a population of over 220 million (the world's 5th-largest), giving it a nominal GDP per capita of $1,357 in 2019, which ranks 154th in the world and giving it a PPP GDP per capita of 5,839 in 2019, which ranks 132nd in the worldfor 2019. Pakistan has traditionally followed a "top-down" approach in its analysis of economic development; that is, authorities have scarcely attempted to break up national GDP statistics into provincial and subnational units and have focused more on the federation as a whole. Figures are derived from statistics in 2019 [ citation needed ], The table below lists the top cities by their Nominal GDP in 2012, based on a study by the McKinsey Global Institute [4]. Pakistan, as of 2019, had a gross domestic product (GDP) of $284.214 billion US$. 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. The Deputy Chairman Planning Commission Inaugurated the Field Operation of Special Survey to Evaluate Impact of Covid-19 on Wellbeing of People  DownloadRead more. Growth projections have been revised down since the April 2020 Regional Economic Outlook, the IMF says in its latest update to the report. The GDP growth in Pakistan expanded 5.79 percent in fiscal year 2017. The economy of Khyber Pakhtunkhwa, a province of Pakistan, is the 3rd largest in the country. Thus, many accounts of provincial GDPs that do exist have usually been projected estimates made by economists, based on the likely percentage of contribution of the respective province to the national GDP and some yearly studies. This value can be further divided into the provincial levels (GSP), providing an outlook of how much value each province contributes to the national GDP. The 2018 Presidential elections were held in Pakistan on 4 September 2018. Senate elections were held in Pakistan on 5 March 2015 to elect the replacements for 52 retiring senators. Growth projections have been revised down since the April 2020, IMF Members' Quotas and Voting Power, and Board of Governors, IMF Regional Office for Asia and the Pacific, IMF Capacity Development Office in Thailand (CDOT), IMF Regional Office in Central America, Panama, and the Dominican Republic, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves, Five Charts That Illustrate COVID-19’s Impact on the Middle East and Central Asia. A man has his temperature checked before entering a building. All rights reserved. The table below lists the top cities by their GDP (PPP). With over 10 million members in Pakistan and abroad, it claims to be Pakistan's largest party by primary membership and among largest political parties in world. 2020 Projected Consumer Prices (% Change). Tourism in Pakistan is a growing industry. The remaining two territories of Pakistan, Azad Kashmir and Gilgit-Baltistan, were ineligible to vote due to their disputed status. In total, there are 154 districts in Pakistan including the Capital Territory and the districts of Azad Kashmir and Gilgit Baltistan. Those retiring include chairman Nayyar Hussain Bukhari and deputy chairman Sabir Ali Baloch of the upper house. GDP per Capita in Pakistan (with a population of 207,906,209 people) was $1,158 in 2017, an increase of $39 from $1,119 in 2016; this represents a change of 3.5% in GDP … Punjab, which is the largest province in terms of population, dominates other provinces in contributing to the national economy. As of 2010, Punjab had the largest economy in Pakistan (contributing 57% to Pakistan's GDP), followed by Sindh (27.5%), Khyber Pakhtunkhwa (8%) and Balochistan (3%). List of Pakistani provinces by gross domestic product Last updated December 02, 2019. The Districts of Pakistan, are the third-order administrative divisions of Pakistan, below provinces and divisions, but forming the first-tier of local government. Prior to this election, PML (N) candidates were declared as independents by the Election Commission of Pakistan owing to a Supreme Court judgment. and opening up. Weekly SPI, with base 2015-16, for the week ended on 22-10-2020 is 141.04 with -0.23 change over the previous week. Overall, Pakistan Muslim League (N) came out as the largest party, followed by the Pakistan Peoples Party and the Pakistan Tehreek-e-Insaf. The Gross Domestic Product (GDP) in Pakistan expanded 5.79 percent in fiscal year 2017/18, ending in June 2018. The economy of Pakistan is the 23rd largest in the world in terms of purchasing power parity (PPP), and 42nd largest in terms of nominal gross domestic product. The triennial Senate Electionsof Pakistan were held on 3 March 2018 to replace 52 retiring senators - half of the Senate's strength - with the winning candidates serving six-year terms. These divisions were abolished in 2000, but restored in 2008. Sindh's GDP with 83 billion is to a large extent influenced by the economy of Karachi, its capital and Pakistan's largest city. The last Article IV Executive Board Consultation was on June 14, 2017. The four provinces and three autonomous territories of Pakistan are subdivided into administrative "divisions", which are further subdivided into districts, tehsils and finally union councils. Moreover, it also claims union territories of Jammu and Kashmir and Ladakh, currently controlled by India since 1947 through Federal as well as through mechanical paper work. The divisions do not include the Islamabad Capital Territory or the Federally Administered Tribal Areas, which were counted at the same level as provinces, but in 2018 the Federally Administered Tribal Areas were subsumed into Khyber-Paktunkhwa Province. GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2018, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952.

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