Pakistan GDP

The Gross Domestic Product (GDP) in Pakistan was worth 231 billion US dollars in 2012. The GDP value of Pakistan represents 0.37 percent of the world economy. GDP in Pakistan is reported by the The World Bank Group. From 1960 until 2012, Pakistan GDP averaged 52.3 USD Billion reaching an all time high of 231.0 USD Billion in December of 2012 and a record low of 3.7 USD Billion in December of 1960. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides - Pakistan GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
231.00 211.00 231.00 3.70 269.40 | 2014/06 1960 - 2012 USD Billion Yearly

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Pakistan GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP Growth Rate 3.59 2013-06-30 4.36 10.22 -1.80 3.57 2014-06-30 Percent [+]
GDP Annual Growth Rate 5.00 2013-09-30 3.59 10.22 -1.80 9.56 2014-06-30 Percent [+]
GDP Constant Prices 10379262.00 2013-06-30 9785335.00 10379262.00 8216160.00 10930002.62 2014-06-30 PKR Million [+]
Gross Fixed Capital Formation 1372742.00 2013-06-30 1362100.00 1569742.00 1342291.00 1384038.44 2014-06-30 PKR Million [+]
Gross National Product 10379262.00 2013-06-30 9785335.00 10379262.00 3778155.00 13118204.32 2014-06-30 PKR Million [+]
GDP per capita 802.45 2012-12-31 783.30 802.45 219.56 827.28 2014-06-30 USD [+]
GDP per capita PPP 2491.27 2012-12-31 2431.83 2491.27 1231.79 2568.34 2014-06-30 USD [+]
GDP 231.00 2012-12-31 211.00 231.00 3.70 269.40 2014-06-30 USD Billion [+]
[+]


GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Pakistan Inflation Rate Up To 8.5% in March  
Pakistan annual inflation rate increased to 8.5 percent in March of 2014, from 6.6 a year earlier and 7.9 percent recorded in February of 2014, as food, housing, water, electricity and gas prices edged up.
Pakistan Trade Deficit Narrows in February  
Trade deficit in Pakistan decreased in February of 2014 to PKR -150 billion from PKR -151 billion a year earlier and PKR -218 billion in January of 2014. On a monthly basis, exports rose by PKR 10 billion and imports dropped by PKR 57 billion.
Pakistan Central Bank Leaves Benchmark Rate on Hold at 10%  
In its March 15th, 2014 meeting, Pakistan's Central Bank left the discount rate unchanged at 10 percent. Although consumer prices slowed for the third straight month in February and foreign exchange reserves increased noticeably, the economy still faces many challenges and a pro-active policy effort is required to continue to maintain the momentum.
Pakistan Inflation Rate Almost Unchanged in February  
Pakistan annual inflation rate accelerated to 7.93 percent in February of 2014, compared to 7.91 percent in the previous month.
Pakistan Inflation Rate Slows in January  
In January of 2014, Pakistan inflation rate slowed for the second straight month to 7.9 percent after reaching a two-digit rate in November of 2013.
Pakistan Trade Deficit Narrows in December on Higher Rice Sales  
In December of 2013, Pakistan trade deficit decreased 30.73 over a month earlier to PKR 137.56 billion. Compared with the same month last year, the trade deficit narrowed 16.9 percent mainly due to a drop in imports and a surge in rice sales.
Pakistan Leaves Rate on Hold in January  
In its January, 2014 meeting, the State Bank of Pakistan decided to leave the policy rate unchanged at 10 percent, as the Board considers inflation expectations are lower than previously anticipated.
Pakistan Inflation Rate Falls in December  
In December of 2013, Pakistan’s inflation rate slowed to an annual 9.2 percent, compared to 10.9 percent in the previous month, due to a slowdown in food prices. A year earlier, the inflation was recorded at 7.9 percent.
Pakistan Trade Deficit Increases in November  
In November of 2013, Pakistan trade deficit rose to PKR 198.6 billion, from PKR 150.5 billion in October and PKR 164.3 billion a year earlier, as purchases of petroleum and medical products boosted imports.
Pakistan Inflation Rate Hits Double-Digit in November  
In November of 2013, Pakistan annual inflation rate rose sharply to 10.9 percent, from 9.08 percent in September, boosted by higher food prices.
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