2021 CEIC Data, an ISI Emerging Markets Group Company. Car assemblers such as Pak Suzuki Motors,[37] Toyota Indus,[38] and Honda Atlas Cars,[39] whose production relies completely on parts imported from other countries, shut down assembly plants after they failed to secure letters of credit due to foreign exchange curbs imposed by the government. Pakistan GDP 1960-2023 | MacroTrends Meanwhile, Private Consumption growth is estimated at 1.3 per cent in 2022-23 in comparison to 10 per cent in 2021-22. PDF How Do Exchange Rates Affect the Big One? an Empirical Analysis of The Show publisher information Many also associate the current economic crisis, especially the rise in food staples, with last years floods, which caused extensive damage to agricultural land, livestock, thousands of kilometers of road, and other infrastructure. The data reached an all-time high of 1,684.334 USD in Jun 2018 and a record low of 81.587 in Jun 1960. If you use our datasets on your site or blog, we ask that you provide attribution via a link back to this page. The gross domestic product (GDP) in current prices in Costa Rica was forecast to continuously increase between 2023 and 2028 by 23.2 billion U.S. dollars (+29.83 percent). The GDP is estimated to . License: CC BY-4.0 . Access essential information in the shortest possible time. Chart. The 2022-2023 Pakistani economic crisis is an ongoing economic crisis and part of 2022-2023 political unrest in Pakistan. Get quick analyses with our professional research service. The long-awaited package will provide the country, which is in the grip of political and economic crises, with some relief. 101.0 Mar 2023: quarterly Sep 2002 - Mar 2023 Current Account Balance (USD mn) . Southeast Currently, you are using a shared account. [30], In June 2023, the Pakistani government unveiled a "Economic Revival Plan" according to which, plans on investments in key areas of production such as on agriculture, mining, Information Technology, defence and the energy sector were discussed. $5,000 - $10,000. Directly accessible data for 170 industries from 150+ countries [52] Only China has given a full plan. As the controversial Russian mercenary group is diverting its attention to Ukraine, Chinas PSCs have a window to expand their engagement in African countries. We have been very clear about our concerns not just here in Pakistan, but elsewhere all around the world about Chinese debt, or debt owed to China, said US State Department Counselor Derek Chollet during his visit to Islamabad on 15 February 2023. Discover economic indicators for Pakistan, such as GDP, GNP and FDI to use in your data forecasts and economic reports on the Pakistan`s economy with CEIC. DataBank. Confirmed: 768,186,332 (+0) Between February 2023 and June 2026, Pakistan will have to repay around $80 billion in foreign debt. "Pakistan: Growth rate of the real gross domestic product (GDP) from 2018 to 2028* (compared to the previous year)." Pakistan GDP Value was 348 USD Billion in 2023. In politics, the government published its FY 2024 budget on 9 June. Yet Pakistan remains one of the biggest beneficiaries of Chinese loans. Consolidated Fiscal Balance: % of GDP (%), Forecast: Government Expenditure (PKR bn), Consolidated Govt Revenue: Tax: Federal: Direct Tax (PKR mn), Consolidated Govt (CG) Expenditure: ytd (PKR mn), Exports: Medicinal and Pharmaceutical Product (USD th), Imports: Medicinal and Pharmaceutical Product (USD th), Foreign Portfolio Investment: % of GDP (%), Foreign Portfolio Investment: Equity Securities (USD mn), Foreign Portfolio Investment: Debt Securities (USD mn), Forecast: Current Account Balance (USD bn), Net International Investment Position (USD mn), BoP: Debit: Current Account (CA) (USD mn), BoP: FA: Portfolio Investment: Assets (USD mn), BoP: FA: Financial Derivatives & Employee Stock Options (USD mn), BoP: Credit: Current Account (CA) (USD mn), BoP: FA: Portfolio Investment: Liabilities (USD mn), BoP: FA: Other Investment (OI): Liabilities (USD mn), BoP: Cr: CA: Primary Income (PI) (USD mn), BoP: FA: Direct Investment: Assets (USD mn), BoP: FA: Other Investment (OI): Assets (USD mn), BoP: Financial Account (FA): Liabilities (USD mn), BoP: Dr: CA: Primary Income (PI) (USD mn), BoP: Financial Account (FA): Assets (USD mn), International Investment Position (IIP): Net (USD mn), Foreign Investment: Direct Investment: Hong Kong (USD mn), Foreign Investment: Direct Investment: Outflow: United States (USD mn), Foreign Investment: Direct Investment: Switzerland (USD mn), Foreign Investment: Direct Investment: Italy (USD mn), Foreign Investment: Direct Investment: Outflow: United Kingdom (USD mn), Foreign Investment: Direct Investment: Outflow: China (USD mn), Foreign Investment: Direct Investment: United Kingdom (USD mn), Foreign Investment: Direct Investment: Outflow: U.A.E (USD mn), Foreign Investment: Direct Investment: United States (USD mn), Foreign Investment: Direct Investment: Outflow: Saudi Arabia (USD mn), Foreign Exchange Reserves: Months of Import (NA), ORA: Gold Including Gold Deposits and Gold Swapped (USD mn), ORA: Foreign Currency Reserves (FCR) (USD mn), Pakistan Consumer Price Index (CPI): Income: PKR 5001 to 12000: Education (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: PKR 5001 to 12000: Cleaning, Laundr (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: PKR 5001 to 12000: Medicare (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000 (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Food, Beverages and To (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Apparel, Textile and F (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: House Rent (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Fuel and Lighting (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Household Furniture an (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Transport and Communic (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Recreation & Entertain (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Education (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Cleaning, Laundry & Pe (2000-2001=100), Pakistan Consumer Price Index (CPI): Income: > PKR 12000: Medicare (2000-2001=100), Pakistan Consumer Price Index (CPI): Lahore (2000-2001=100), Pakistan Consumer Price Index (CPI): Faisalabad (2000-2001=100), Pakistan Consumer Price Index (CPI): Rawalpindi (2000-2001=100), Pakistan Consumer Price Index (CPI): Multan (2000-2001=100), Pakistan Consumer Price Index (CPI): Gujranwala (2000-2001=100), Pakistan Consumer Price Index (CPI): Islamabad (2000-2001=100), Pakistan Consumer Price Index (CPI): Sargodha (2000-2001=100), Pakistan Consumer Price Index (CPI): Sialkot (2000-2001=100), Pakistan Consumer Price Index (CPI): Bahawalpur (2000-2001=100), Pakistan Consumer Price Index (CPI): JHang (2000-2001=100), Pakistan Consumer Price Index (CPI): Okara (2000-2001=100), Pakistan Consumer Price Index (CPI): DG Khan (2000-2001=100), Pakistan Consumer Price Index (CPI): Jehlum (2000-2001=100), Pakistan Consumer Price Index (CPI): Bahawalnagar (2000-2001=100), Pakistan Consumer Price Index (CPI): Vehari (2000-2001=100), Pakistan Consumer Price Index (CPI): Mianwali (2000-2001=100), Pakistan Consumer Price Index (CPI): Attock (2000-2001=100), Pakistan Consumer Price Index (CPI): Samundari (2000-2001=100), Pakistan Consumer Price Index (CPI): Karachi (2000-2001=100), Pakistan Consumer Price Index (CPI): Hyderabad (2000-2001=100), Pakistan Consumer Price Index (CPI): Sukkur (2000-2001=100), Pakistan Consumer Price Index (CPI): Larkana (2000-2001=100), Pakistan Consumer Price Index (CPI): Mirpur Khas (2000-2001=100), Pakistan Consumer Price Index (CPI): Nawabshah (2000-2001=100), Pakistan Consumer Price Index (CPI): Shahdadpur (2000-2001=100), Pakistan Consumer Price Index (CPI): Kunri (2000-2001=100), Pakistan Consumer Price Index (CPI): Peshawar (2000-2001=100), Pakistan Consumer Price Index (CPI): Mardan (2000-2001=100), Pakistan Consumer Price Index (CPI): Abbotabad (2000-2001=100), Pakistan Consumer Price Index (CPI): DI Khan (2000-2001=100), Pakistan Consumer Price Index (CPI): Bannu (2000-2001=100), Pakistan Consumer Price Index (CPI): Quetta (2000-2001=100), Pakistan Consumer Price Index (CPI): Khuzdar (2000-2001=100), Pakistan Consumer Price Index (CPI): Turbat (2000-2001=100), Pakistan Consumer Price Index (CPI): Loralai & Cantt (2000-2001=100), Pakistan Consumer Price Index (CPI): Food, Beverages and Tobacco (1990-1991=100), Pakistan Consumer Price Index (CPI): House Rent (1990-1991=100), Pakistan Consumer Price Index (CPI): Fuel and Lighting (1990-1991=100), Pakistan Consumer Price Index (CPI): Apparel, Textile and Footwear (1990-1991=100), Pakistan Consumer Price Index (CPI): Household Furniture and Equipment (1990-1991=100), Pakistan Consumer Price Index (CPI): Recreation, Enter. Pakistan GDP per capita PPP 2023 Data - 2024 Forecast - TRADING ECONOMICS In 2019, the estimated average GDP per capita (PPP) of . This website stores cookies on your computer. Listen to article IMPORTS have increased to $80.2bn from $276m in 1950 while exports have jumped to $31.8bn from $162m.Dawn Nominal GDP grows to $383bn from $3bn in 1950 Per capita. $10,000 - $20,000. Dollars). Pakistan. If you are an admin, please authenticate by logging in again. Please help update this article to reflect recent events or newly available information. Pakistan GDP per Capita | Economic Indicators | CEIC Exports fell 12% and remittances 13% in July-April, and the Purchasing Managers' Index has been bogged down in contractionary territory. The inflation number was the highest annual rate since available data, i.e. facts. [17], The consistent depreciation of the rupee is said to be deepening the economic crisis. April 7, 2023. Statistics and historical data on GDP growth rate, per capita PPP, constant prices. Please check your download folder. Please create an employee account to be able to mark statistics as favorites. This puts the future of 20,000 employees at stake. Data. source: World Bank 10Y 25Y 50Y MAX Chart Compare Export API With dampened imports, the current account deficit in Pakistan is projected to narrow to 2 per cent of GDP in the fiscal year 2023 but widen to 2.2 per cent of GDP in the fiscal year 2025 as import controls ease. Data are in current U.S. dollars. 2030 is only 8 years away, by making very modest assumptions about economic growth it is possible to project forward economic data to 2030. The World Bank has estimated a drop in GDP per capita income for Pakistan from USD 1,613.8 in 2021-22 to USD 1,399.1 in 2022-23, Business Recorder reported. dollars)." Pakistan GDP Value & Rate 2023 | Per capita | GDP Structure - Take-Profit The two gulf states' growing diplomatic and economic outreach to the region is beginning to develop a competitive dynamic. Most Recent Year. IMF. 3.06 trillion at the beginning of General Musharraf regime in 1999, the debt stood at Rs. and Education (1990-1991=100), Pakistan Consumer Price Index (CPI): Cleaning, Laundry & Personal Appearance (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500 (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Food, Beverages and T (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Apparel, Textile and (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: House Rent (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Fuel and Lighting (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Household Furniture a (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Transport and Communi (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Recreation, Entertain (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Cleaning, Laundry & P (1990-1991=100), Pakistan Consumer Price Index (CPI): Income < PKR 1500: Medicine (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000 (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Food, Beverages a (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Apparel, Textile (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: House Rent (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Fuel and Lighting (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Household Furnitu (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Transport and Com (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Recreation, Enter (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Cleaning, Laundry (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 1501 to 4000: Medicine (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000 (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Food, Beverages a (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Apparel, Textile (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: House Rent (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Fuel and Lighting (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Household Furnitu (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Transport and Com (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Recreation, Enter (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Cleaning, Laundry (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 4001 to 7000: Medicine (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000 (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Food, Beverages (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Apparel, Textile (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: House Rent (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Fuel and Lightin (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Household Furnit (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Transport and Co (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Recreation, Ente (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Cleaning, Laundr (1990-1991=100), Pakistan Consumer Price Index (CPI): Income, PKR 7001 to 10000: Medicine (1990-1991=100), Pakistan Consumer Price Index (CPI): Income > PKR 10000 (1990-1991=100), Pakistan Consumer Price Index (CPI): Income > PKR 10000: Food, Beverages and Tob (1990-1991=100), Pakistan Consumer Price Index (CPI): Income > PKR 10000: Apparel, Textile and Fo (1990-1991=100), Pakistan Consumer Price Index (CPI): Income > PKR 10000: House Rent (1990-1991=100), 1980-1981 Base: Gross Domestic Product: Current Price and 1980-1981 Price, 1980-1981 Base: Gross National Product: By Expenditures: 1980-1981 Price, 1999-2000 Base: Gross Domestic Product by Industry: 1999-2000 Price, 2005-2006 Base: Gross Domestic Product by Expenditure: 2005-2006 Price, 2005-2006 Base: Gross Domestic Product by Industry: Current Price, 2005-2006 Base: Gross Fixed Capital Formation: 2005-2006 Price, Gross Domestic Product: Annual Growth Rate, Gross Domestic Product: Deflator and Volume Index: Annual, Gross Domestic Product: Purchasing Power Parity, SNA08: Gross Domestic Product by Expenditure: Current Price, SNA08: Gross Domestic Product by Industry: Current Price, 1980-1981 Base: Gross Domestic Product: By Industry: 1980-1981 Price, 1980-1981 Base: Gross Fixed Capital Formation (GFCF), 1999-2000 Base: Gross Domestic Product by Expenditure: 1999-2000 Price, 1999-2000 Base: Gross Fixed Capital Formation: 1999-2000 Price, 2005-2006 Base: Gross Domestic Product by Industry: 2005-2006 Price, 2005-2006 Base: Gross Fixed Capital Formation, Gross Domestic Product: by Expenditure: Annual, SNA08: Gross Domestic Product by Expenditure: 2005-2006 Price, SNA08: Gross Domestic Product by Industry: 2005-2006 Price. In early FY23, Pakistan's economy was undergoing an overdue adjustment, as it recovered from the impacts of COVID-19. GDP growth (annual %) - Pakistan from The World Bank: Data. Pakistan heavily relies on imported oil. [53], The US has expressed serious concerns about Pakistans debt to China. The GDP per capita in the Pakistan is expected to reach $1,721 by the end of 2023, according to IMF expectations. July 1965, according to the research firm Arif Habib Ltd, and is expected to rise in the upcoming months. Pakistan - Gross domestic product (GDP) growth rate 2028 - Statista Chart. Please create an employee account to be able to mark statistics as favorites. Entry level access to the CEIC platform for individual users. Credit Suisse, Zrich, Environmental, Social & Governance Indexes, Data for individual countries and underlying data click on the country name, 1 Ivory Square, Plantation Wharf, London, SW11 3UE. No tyres, doors? IMF also insisted Islamabad to raise electricity prices, ramp up tax collection and make sizeable budget cuts. 25Y. The Ministry of Planning, Development & Reforms provides Population. This field is for validation purposes and should be left unchanged. The GDP growth rate in the Pakistan is expected to reach 0.46% by the end of 2023, according to IMF projections. Business Solutions including all features. Pakistan | GDP | 2023 | Economic Data | World Economics Payable monthly by credit card. and over 1Mio. Chinese Overseas Police Service Stations are known to be present in Israel and theUAE. . [+] 2021: 125,262: 216,439: 2021: . . Defense, China Profit from the additional features of your individual account. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Here you have the comparison of India vs Pakistan, GDP per capita (Dollars) . This makes a new agreement with the Fund less likely, increasing the risk of default. Make the best decisions about the future of your business with the most reliable economic intelligence. Chinese frustration over endless delays in project completion, halting of projects, and security threats to its nationals working in Pakistan has resulted in hesitation to invest in new projects. From this perspective, it is the Western world that abandoned Pakistan, and China is the one that extended a helping hand. However, the World Bank report on the macro poverty outlook for Pakistan said inflation was expected to moderate over the forecast horizon as global inflationary pressures dissipated. GDP per capita [+] 2022: $2,717: $1,564: 2021: GDP per capita [+] Debt (M..) 2023. Pakistan - GDP distribution across economic sectors 2021 | Statista $30,000 - $40,000. The Pakistan Bureau of Statistics provides Nominal GDP in local currency based on SNA 2008 with benchmark year 2015-2016. >$60,000. What does this economic crisis mean for the majority of the Pakistani people and for Pakistans international projects, especially those with China under the China-Pakistan Economic Corridor (CPEC), which Pakistan considers vital for its future economic growth? Confirmed: 767,517,959 (+228) But it is still too early to conclude whether CPEC debts will drain the Pakistani economy or open up opportunities for growth in the future. [33] However, the IMF expressed dissatisfaction with the budget for 2023-24 submitted by Pakistani authorities two weeks before the bailout expired, which may indicate that Pakistan will not receive its bailout. In the fiscal year 202223, the debt servicing obligations of Rs. DataBank Microdata Data Catalog. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. [44], Shortage of foreign exchange reserves and depreciation in Pakistani rupee created difficulties in importing crude oil, leading to a temporary closure of Pakistan's largest petroleum refineryCnergyico, in February 2023. April 7, 2023. Standard users can export data in a easy to use web interface or using an excel add-in. [34], In October 2022, the All Pakistan Textile Mills Association (APTMA) announced that 1,600 garment mills were closed across the country due to withdrawal of power subsidies and, as a result, five million people lost their jobs. GDP, PPP (constant 2017 international $) GDP (current LCU) GDP, PPP (current international $) GDP per capita growth (annual %) Download. When the recent stampedes over food flooded social media, so did the deeper questions: How did the country end up here? [1][2][3][4], Poor governance and low productivity per capita in comparison with other low to middle-income developing countries have contributed to a balance of payment crisis, where the country is unable to earn enough foreign exchange to fund the imports that it consumes. It illustrates how the rising cost of food and other necessities is driving desperation and impacting the masses. Share on Twitter. The World Bank said agricultural output was also expected to contract for the "first time in more than 20 years" due to last year's catastrophic floods, as per the Dawn report. The COVID-19 pandemic has also had serious impacts on human development outcomes and economic growth. The GDP per capita is obtained by dividing the countrys gross domestic product, adjusted by inflation, by the total population. The World Bank has estimated that the revenue of Pakistan will drop to 10.9 per cent of GDP in 2022-23 in comparison to 12.1 per cent in 2021-22, as per the Business Recorder report. GDP per capita, PPP (current international $) - Pakistan | Data [16], At the end of March 2022, the State Bank of Pakistans reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2nd December. [6][7], According to Indian strategic affairs specialist Sushant Sareen, Pakistan has doubled its debt roughly every five years over the last 25-year period. Pakistan clinches last-gasp $3 billion IMF bailout | Reuters Country comparison Pakistan vs India GDP per capita (Dollars) 2023 [27] The Consumer price index (CPI) raced to 35.4 per cent in the highest annual rise in prices on record, driven mainly by skyrocketing costs of food, electricity, beverage, and transport. These cookies are used to collect information about how you interact with our website and allow us to remember you. 5.2 trillion exceed the entire federal government revenue. World Bank estimates decline in Pakistan's GDP per capita income to USD Here you have the comparison of Pakistan vs India, GDP per capita (Dollars) Country comparison, you can compare any two countries and see the data side by side. The country's 2022 GDP per capita grew by 21.1% compared to 2021 The UAE's GDP per capita has grown during the past six years by an unprecedented rate of 24.7 per cent despite the annual . Money, Tokyo Male fertility tips for sperm health: Top facts men must know about their reproductive health, Kangana Ranaut dances her heart out with Avneet Kaur at Tiku Weds Sheru success party. Data source: World Economics Research, London and [8], Pakistan's economic crisis was at the centre of a political standoff between Prime Minister Shahbaz Sharif and his predecessor Imran Khan in 2022, which led to Khan's ouster in April 2022. He said it could be a "big blow to the economy" if the stakeholders didnt make the right decisions swiftly. While Chinese analysts and likely the government recognize the weaknesses of the Putin regime, Beijing is unlikely to fundamentally reassess its alignment with Moscow in the near term. Explore Our DataBank. $20,000 - $30,000. GDP per capita (nominal) is a raw figure that does not take into account the differences in the cost of living between one country and another. 10Y. Pakistanis are putting their lives at risk to collect something as basic as a sack of flour. Newly strengthened military ties with Fiji and Japan contrast with the amicable meeting between Prime Minister Hipkins and Chinese leader Xi Jinping. Get quick analyses with our professional research service. And if Pakistan wants complete self-help, it cannot completely rely on China, it still has to fight for itself, wrote Liu Qingbin, senior researcher at the China Digital Economy Institute. Copyright HT Digital Streams Ltd. All rights reserved. How does it look? Available: https://www.statista.com/statistics/383729/gross-domestic-product-gdp-growth-rate-in-pakistan/, Pakistan: Growth rate of the real gross domestic product (GDP) from 2018 to 2028*, Immediate access to statistics, forecasts & reports, Life expectancy at birth in Pakistan 2021, Life expectancy at birth in Pakistan 2021, by gender, Median age of the population in Pakistan 2020, Gross domestic product (GDP) in Pakistan 2022, Gross domestic product (GDP) per capita in Pakistan 2022, Gross domestic product (GDP) growth rate in Pakistan 2028*, Pakistan: Share in global GDP adjusted for PPP 2028, Distribution of gross domestic product (GDP) across economic sectors Pakistan 2021, Employment by economic sector in Pakistan 2021, Youth unemployment rate in Pakistan in 2022, National debt of Pakistan in relation to gross domestic product (GDP) 2028, Ratio of military expenditure to gross domestic product (GDP) in Pakistan 2021, Ratio of government expenditure to gross domestic product (GDP) in Pakistan 2028, Pakistan's budget balance in relation to GDP 2028, New cases of COVID-19 worldwide from January 23, 2020 to June 13, 2023, by day, Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jun. According to Indian strategic affairs specialist Sushant Sareen, Pakistan has doubled its debt roughly every five years over the last 25-year period. The unceasing decline in the value of Pakistans currency over the months has been triggered by the countrys inability to repay its foreign debt. Pakistan: Economy | Asian Development Bank
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