What is the GDP rate of Pakistan in 2020?

GDP Growth Rate in Pakistan is expected to reach -0.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan GDP Growth Rate is projected to trend around 1.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

What is the GDP of Pakistan today?

$304,951,818,494
Nominal (current) Gross Domestic Product (GDP) of Pakistan is $304,951,818,494 (USD) as of 2017….Pakistan GDP.

Date Pakistan GDP Change %
2014 4.675
2015 4.731
2016 5.527
2017 5.701

What is the GDP per capita of Pakistan in 2020?

around 1,260.01 U.S. dollars
In 2020, the GDP per capita in Pakistan amounted to around 1,260.01 U.S. dollars.

What is the GDP growth rate of Pakistan in 2021?

1.5%
Earlier in April this year, the IMF had projected Pakistan’s real GDP to grow at 1.5% in the year 2021 despite a higher projected rate of 3.0% by the State Bank of Pakistan (SBP).

Why is Pakistan so poor?

While Pakistan is one of the richest countries in Asia, poverty in Pakistan is a fact of life for most of its people. The main cause of Pakistan’s poverty rate is the fact that many Pakistanis lack basic human rights. Many Pakistanis, often women and children, are begging in the streets throughout their country.

Which country has highest GDP 2020?

  1. United States. GDP – Nominal: $20.81 trillion.
  2. China. GDP – Nominal: $14.86 trillion.
  3. Japan. GDP – Nominal: $4.91 trillion.
  4. Germany. GDP – Nominal: $3.78 trillion.
  5. United Kingdom. GDP – Nominal: $2.64 trillion.
  6. India. GDP – Nominal: $2.59 trillion.
  7. France. GDP – Nominal: $2.55 trillion.
  8. Italy. GDP – Nominal: $1.85 trillion.

What is the per capita income in Pakistan?

Pakistan has a population of over 220 million (the world’s 5th-largest ), giving it a nominal GDP per capita of $1,186 in 2020-21, which ranks 154th in the world and giving it a PPP GDP per capita of $5,839 in 2019, which ranks 132nd in the world for 2019.

How big is the economy of Pakistan?

Pakistan has a population of over 212.2 million (the world’s 6th-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 132th in the world for 2019. Nov 28 2019

What are the economic conditions in Pakistan?

The economy is semi-industrialized, with centres of growth along the Indus River . Primary export commodities include textiles, leather goods, sports goods, chemicals, carpets/rugs and medical instruments.

What state has the most GDP?

California is the largest economy today – it has a state GDP of $2.6 trillion, which is comparable to the United Kingdom.