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According to the survey, the GDP for year 2010-11 was fixed to grow at 4.5 percent, however due several challenges including the devastating floods that hit the economy badly; the growth rate reduced to 2.4 percent.
Pakistan’s economy managed to grow by 2.4 percent in FY11, despite devastating floods in the early part of the fiscal year. One-fifth of the country’s agricultural heartland was inundated,
Finance and insurance sector recorded negative growth of 6.3 percent in 2010-11 as against contraction of 11.3 percent last year. Public administration and defense posted a stellar growth of 13.2 percent as compared to 2.5 percent in last year.
Pakistan The economy achieved a modest recovery in FY2010, as foreign reserves strengthened and inflation moderated. However, continued pressure from subsidies as well as weak tax receipts overwhelmed the targeted budget deficit. Assessing the medium-term outlook is problematic due to the devastating floods
Gross Domestic Product of Pakistan grew 2.3% in 2010 compared to last year. This rate is 12 -tenths of one percent higher than the figure of 1.1% published in 2009. The GDP figure in 2010 was $196,712 million, Pakistan is number 48 in the ranking of GDP of the 196 countries that we publish.
OECD Factbook 2010 is the sixth edition of a comprehensive and dynamic statistical annual from the OECD. More than 100 indicators cover a wide range of areas: population, economic production, foreign trade and investment, energy, labour force, information and communications, public finances, innovation, the environment, foreign aid, agriculture ...
Pakistan Global Economic Prospects examines trends for the world economy and how they affect developing countries. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets.