The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. 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%. and over 1 Mio. "Pakistan: Growth Rate of The Real Gross Domestic Product (Gdp) from 2015 to 2025* (Compared to The Previous Year). GDP Growth Rate in Sri Lanka averaged 5.88 percent from 2003 until 2017, reaching an all time high of 16.10 percent in the first quarter of 2012 and a record low of 0.50 percent in the fourth quarter of 2013. Average annual growth fell to 4.6% in the 1990s with significantly lower growth in … 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 The number of registered e-commerce merchants has risen by 2.6-times and e … Learn more about how Statista can support your business. Update, Insights into the world's most important technology markets, Advertising & Media Outlook 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 … For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used. ", 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. Global Economic Prospects examines trends for the world economy and how they affect developing countries. facts. Pakistan gdp growth rate for 2019 was 0.99%, a 4.85% decline from 2018. ", IMF, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars) Statista, https://www.statista.com/statistics/383739/gross-domestic-product-gdp-in-pakistan/ (last visited January 10, 2021), Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021*, 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, Deaths from U.S. air strikes in Pakistan 2004-2017, Consumer spending in Pakistan 2013-2018, per capita, Crop protection costs in Pakistan 2015, by crop, Total of retail net sales in Pakistan 2013-2018, Life expectancy at birth in Pakistan 2018, by gender, Perceived contribution of Pakistani immigrants to life in Great Britain (UK) in 2014, Mortality rate in Pakistan 2018, by gender, Passenger cars in use - Pakistan 2006-2015, Value of U.S. merchandise trade with Pakistan 2000-2010, Retail net sales in Pakistan 2013-2018, per capita, Household electricity consumption per capita in Pakistan 2000-2016, Record of the attacks on NATO supply in Pakistan 2014, Total consumer spending in Pakistan 2013 to 2018, Direct export volume of PU leather from Taiwan 2009-2019, Embroidery lace sales quantity in Japan 2012-2019, Production volume of polyethylene Japan 2012-2019, Miscellaneous services share in office absorption in India 2015-2018, Forged ordinary steel production volume in Japan 2012-2019, Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars), Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. Accessed January 10, 2021. https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, IMF. 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). Average annual real GDP growth rates were 6.8% in the 1960s, 4.8% in the 1970s, and 6.5% in the 1980s. 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 is one of the poorest and least developed countries in Asia. "Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year)." and over 1 Mio. 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 Pakistan’s GDP growth is expected to fall to 3.4 per cent in the fiscal year 2019 from 5.8 per cent in FY2018, and to 2.7 per cent in FY2019-20. 3. (billed annually). Statista . IMF. • 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. World Bank national accounts data, and OECD National Accounts data files. $59 per month* Pakistan - GDP growth (annual %) The value for GDP growth (annual %) in Pakistan was 5.83 as of 2018. The statistic shows gross domestic product (GDP) in Pakistan from 1984 to 2021. GDP growth (annual %) - Sri Lanka. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Statista. But again I have a few steps for improving GDP of Pakistan . South Asia. Pakistan and ADB. Source: Statista. 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. 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. 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 Jump to. April 15, 2020. I am an Indian so with no doubt my answers will be taken judgementally. Pakistan gdp growth rate for 2017 was 5.55%, a 0.03% increase from 2016. Statista Inc.. Pakistan has a growing semi- industrialized economy that relies on manufacturing, agriculture and remittances. The GDP (gross domestic product) in Pakistan is forecast to amount to US$376.40bn in 2024. facts. Profit from additional features by authenticating your Admin account. Please contact us to get started with full access to dossiers, forecasts, studies and international data. The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. Please create an employee account to be able to mark statistics as favorites. (April 15, 2020). $59 per month* October 12, 2020. 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. World Bank national accounts data, and OECD National Accounts data files. "Pakistan: Gross Domestic Product (Gdp) in Current Prices from 1984 to 2021* (in Billion International Dollars). Annual GDP Growth (%) Pakistan. New, Figures and insights about the advertising and media world, Industry Outlook New, Everything you need to know about the industry development, Find studies from all around the internet. The Gross Domestic Product (GDP) in Sri Lanka expanded 1.40 percent in the fourth quarter of 2017 over the same quarter of the previous year. Please do not hesitate to contact me. Indian economy is expected to rise to 6.6% and Bangladesh to grow by 7.8%, says WESP. Directly accessible data for 170 industries from 50 countries You only have access to basic statistics. 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. Corporate solution including all features. Profit from additional features by authenticating your Admin account. Pakistan economic growth for 2018 was $314.57B, a 3.28% increase from 2017. Pakistan’s e-commerce market has witnessed phenomenal growth recently. 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. 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. You only have access to basic statistics. This feature is limited to our corporate solutions. Neither do India's nor do Pakistan's GDP is that low . Chart. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. The real total GDP (gross domestic product) in Pakistan is expected to grow by 4.99% in 2024. Please authenticate by going to "My account" → "Administration". IMF. Please contact us to get started with full access to dossiers, forecasts, studies and international data. Pakistan: Growth rate of the real gross domestic product (GDP) from 2015 to 2025* (compared to the previous year) [Graph]. "Pakistan: Gross domestic product (GDP) in current prices from 1984 to 2021* (in billion international dollars)." Pakistan economic growth for 2019 was $278.22B, a 11.55% decline from 2018. 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 Please do not hesitate to contact me. 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. The fifth largest trading nation in the world (and second in Europe after Germany). Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. Please authenticate by going to `` My account '' → `` Administration '' growth! 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