Pakistan economic growth for 2019 was $278.22B, a 11.55% decline from 2018. The number of registered e-commerce merchants has risen by 2.6-times and e … Pakistan and ADB. 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. 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). Learn more about how Statista can support your business. Source: Statista. Corporate solution including all features. New, Figures and insights about the advertising and media world, Industry Outlook Mobile technology contribution to social and economic progress in Pakistan 25 3.1 Contribution to economic growth 25 3.2 Contribution to national development aspirations in Pakistan 28 3.3 Assessing the impact of mobile across key sectors in Pakistan 30 4. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: * Estimate.Figures have been rounded up to facilitate the comprehension of the statistic. (October 12, 2020). Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. 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. Pakistan gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. 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 … World Bank national accounts data, and OECD National Accounts data files. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … IMF. Please do not hesitate to contact me. 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 Register in seconds and access exclusive features. The new markets in e-commerce are emerging, whereas existing markets are innovating themselves to grow. Register in seconds and access exclusive features. Chart. GDP Growth Rate in Iceland averaged 0.79 percent from 1995 until 2020, reaching an all time high of 11.10 percent in the second quarter of 1998 and a record low of -10.80 percent in the first quarter of 2009. Then you will be able to mark statistics as favourites and use personal statistics alerts. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: 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. Current Pakistan GDP Growth Rate is 5.47%. Pakistan GDP Growth Rate table by year, historic, and current data. Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) [Graph]. The fifth largest trading nation in the world (and second in Europe after Germany). Accessed January 10, 2021. https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/, IMF. 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. Please contact us to get started with full access to dossiers, forecasts, studies and international data. New, Figures and insights about the advertising and media world, Industry Outlook In 2018, the estimated average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year, a slight drop from 2017, but … Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) [Graph]. and over 1 Mio. Pakistan’s e-commerce market has witnessed phenomenal growth recently. New, Everything you need to know about the industry development, Find studies from all around the internet. ", IMF, Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) Statista, https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/ (last visited January 10, 2021), Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025*, 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, Gross domestic product (GDP) growth rate in St. Vincent and the Grenadines, Gross domestic product (GDP) growth rate in Myanmar 2025, Gross domestic product (GDP) growth rate in São Tomé and Príncipe in 2025, Gross domestic product (GDP) growth rate in the Gambia 2025, Gross domestic product (GDP) growth rate in Barbados 2025, Gross domestic product (GDP) growth rate in Belize 2025, Gross domestic product (GDP) growth rate in Comoros 2025, Gross domestic product (GDP) growth rate in Kyrgyz Republic 2025, Gross domestic product (GDP) growth rate in Tanzania 2025, GDP per worker growth rate forecast United Kingdom (UK) 2013-2060, Market share of Pakistan's crop protection industry 2016, by product type, GDP growth, by worker ethnicity United States from 2000 to 2007, Quarterly gross domestic product (GDP) growth rate in the UK 2nd quarter 2020, Pakistan: opium poppy field destruction 1996-2015, Number of pulp and paper product manufacturers in Japan 2009-2018, Sexual harassment as the most important issue facing women in South Korea 2018, Miscellaneous rubber products sales value in Japan 2019, by type, PM10 air pollution level Seoul South Korea 2008-2018, Unified communications software market share in China 2018, by software, Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. "Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year)." Global Economic Prospects examines trends for the world economy and how they affect developing countries. In, IMF. Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. 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. Pakistan has a growing semi- industrialized economy that relies on manufacturing, agriculture and remittances. Statista . facts. GDP growth (annual %) - Pakistan. Directly accessible data for 170 industries from 50 countries Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. Please create an employee account to be able to mark statistics as favorites. GDP growth (annual %) - Sri Lanka. In, IMF. This feature is limited to our corporate solutions. Pakistan gdp growth rate for 2019 was 0.99%, a 4.85% decline from 2018. The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. Corporate solution including all features. 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 Jump to. The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. 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 3. 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. Growth rate of real gross domestic product (GDP) of selected South Asian countries from 2015 to 2019 with forecasts from 2020 to 2021. New, Everything you need to know about the industry development, Find studies from all around the internet. Are you interested in testing our corporate solutions? You only have access to basic statistics. 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. Are you interested in testing our corporate solutions? 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. "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). IMF. October 12, 2020. • 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. 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 … Annual GDP Growth (%) Pakistan. Pakistan is one of the poorest and least developed countries in Asia. 1. Please do not hesitate to contact me. 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. Please create an employee account to be able to mark statistics as favorites. Learn more about how Statista can support your business. Chart. 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%. Current rate (Last change) Expectation: Next meeting: Federal Reserve: 0.00-0.25% (March 2020) No rate rise for the foreseeable future: January 26-27: European Central Bank : 0.00% (September 2019) No rate rise for the foreseeable future: January 21: Bank of England : 0.10% (March 2020) No rate rise for the foreseeable future: February 4 You only have access to basic statistics. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Please authenticate by going to "My account" → "Administration". (April 15, 2020). 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. Then you will be able to mark statistics as favourites and use personal statistics alerts. Opportunities ahead to accelerate the impact of mobile-enabled Please contact us to get started with full access to dossiers, forecasts, studies and international data. (billed annually). (billed annually). The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. Statista Inc.. April 15, 2020. Pakistan gdp growth rate for 2018 was 5.84%, a 0.28% increase from 2017. Indian economy is expected to rise to 6.6% and Bangladesh to grow by 7.8%, says WESP. 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