ranking. CSV XML EXCEL. Country. Pakistan Estimates GDP to Hit -0.38% During 2019-20. The provisional estimates of the GDP and Gross Fixed Capital Formation (GFCF) for the year 2019-20 were presented on the basis of latest data of 6-9 months which were annualized by incorporating the impact of Covid-19 for the final quarter. time high of 10.35% in 1970 and a record low of 0.47% in 1971. Help us improve this site Help / Feedback. Pakistan GDP (Gross Domestic Product) was INT$1,083.93billion for 2019 in PPP terms. method and 3rd largest economy in ppp method. The large scale manufacturing (LSM) sector, which is driven primarily by QIM data (from July 2019 to March 2020), showed a decline of 7.78%. Both countries together share 9.78% and 18.15% of total Finance and insurance sector shows a modest increase of 0.79%. The GDP per Capita in Pakistan is equivalent to 9 percent of the world's average. 1960-2019 Data | 2020-2022 Forecast | Historical | Chart. It is considered to be a very important indicator of the economic strength of a country and a positive change is an indicator of economic growth. Pakistan gdp per … The sectors are discussed below briefly. In World Bank data, Monaco and Liechtenstein has better per capita gdp than Luxembourg. GDP Growth Rate in 2017 was 5.70%, representing a change of 12,989,828,148 US$ over 2016, when Real GDP was $227,866,886,766. 2006 is the previous year when Pakistan was more richer than India. Most Recent Value . The overall industrial sector has witnessed a negative growth of 2.64% mainly because of COVID-19 related lockdown of industrial units. Online tool for visualization and analysis. Industry (23%) and Services (61.5%). CIA Fackbook sector wise GDP composition of India in 2017 are as follows : Agriculture (15.4%), This shows a growth of 9.9% over Rs.37,972 billion for 2018-19. This increase is due to increase in production of wheat, rice and maize at 2.45%, 2.89% and 6.01%, respectively. In nominal terms gap is wider (above 10 times) than ppp terms (below 10 times). 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. While wholesale and retail trade sector contraction by 3.42%, the transport, storage and communication sector has a negative growth of 7.13%. GDP at current market prices has also been computed and stands at Rs.41,727 billion for 2019-20. GDP ($334 billion) greater than Pakistan. The GDP per Capita in Pakistan is equivalent to 9 percent of the world's average. The 102nd meeting of the National Accounts Committee to review the Gross Domestic Product (GDP) was held under the Chairmanship of Secretary Ministry of Planning, Development and Special Initiatives. The provisional growth of GDP for the year 2019-20 has been estimated at -0.38% which is based upon growth estimates of the agricultural, industrial and services sectors at 2.67%, -2.64% and 0.59%, respectively. The value added in the mining and quarrying sector has declined by 8.82%. PPP takes into account the relative cost of living, rather than using only exchange rates, therefore providing a more accurate picture of the real differences in income. 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 … The remaining components of services i.e. World rank of Pakistan is 156 (nominal) and 140 (PPP). Electricity and gas sub sector has grown by 17.70% mainly due to higher subsidies and better value added in WAPDA & Companies. The UK is expected to fall to the seventh-largest economy by 2023 with a GDP of $3.27 trillion. economically largest states Maharashtra has The major positive growth in LSM has been observed in fertilizer (5.81%), leather products (4.96%), rubber products (4.31%) and paper & board (4.23%). Sector wise GDP composition of Pakistan in 2017 are : Agriculture (24.7%), 28 states/UTs are more richer than Pakistan. Margin is being wider in favour of India since 2009. ... 1961 - 2019 GDP (constant 2010 US$) ... GDP per capita growth (annual %) Download. In 2019, per capita income of India would be 1.62 times all time higher than Pakistan on … India's greater than Pakistan. World GDP per capita However, cotton, and sugarcane crops have witnessed negative growth of 6.92% and 0.44%, respectively. Pakistan’s services sector has remained major growth driver for many years and it has witnessed a rare contraction of 0.59% in the provisional estimates. The agriculture sector grew by 2.67%. 1960 - 2019 GDP per capita growth (annual %) ... GDP per capita, PPP (constant 2017 international $) Inflation, GDP deflator (annual %) Oil rents (% of GDP) Download. 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. 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 per capita. DataBank. GDP per capita in Pakistan averaged 711.18 USD from 1960 until 2019, reaching an all time high of 1197.90 USD in 2018 and a record low of 302.10 USD in 1960. According to

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