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Pakistani economy is now $350 Billion dollars (Nominal GDP) with population of 242 million people

MultaniGuy

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Pakistani economy is now $350 Billion dollars with population of 242 million people


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Abid123

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The fact that Pakistan still has not rebased it's GDP shows what kind of banana republic Pakistan is.

Nigeria rebased it's GDP in 2014. They found out that their economy was actually 60% larger than what reported. Went from 270 billion USD to 510 billion USD.

A correction the GDP is 383 billion not 350 billion as per Wikipedia. I would be surprised if our nominal GDP is close to 700 billion USD and PPP GDP close to 2 trillion USD.
 

Black Tornado

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The fact that Pakistan still has not rebased it's GDP shows what kind of banana republic Pakistan is.
Pakistan rebased it’s GDP in January itself which increased documentation by 17.2% from $296 bn to $347 bn for 2020-21 year.
 

Mrc

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Pakistan rebased it’s GDP in January itself which increased documentation by 17.2% from $296 bn to $347 bn for 2020-21 year.


This rebasing was not approved due to some technical glitches
 

New Recruit

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So how did it become $347 bn in the same year it was $296 bn?

This rebasing was not approved due to some technical glitches
are you sure about that? SBP website was updated to reflect the rebase in February.
 

Black Tornado

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are you sure about that? SBP website was updated to reflect the rebase in February.
Posted already
Pakistan rebased it’s GDP in January itself which increased documentation by 17.2% from $296 bn to $347 bn for 2020-21 year.
 

PakAlp

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Population 242M, what? Last time I checked it was 220M. Quiet disappointed in the exports/gdp. Pakistan has the potential to be easily 50B+ export market but the idiotic policies, corruption, no rule of law, security, protection for investment is harming us. I believe its treachery by our rulers. If our rulers own Sugar, leather, fertiliser, cement, wheat etc factories, will they allow someone else to open one and have competition? I highly doubt it and if someone does then they will destroy them using the state.
 

MultaniGuy

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Population 242M, what? Last time I checked it was 220M. Quiet disappointed in the exports/gdp. Pakistan has the potential to be easily 50B+ export market but the idiotic policies, corruption, no rule of law, security, protection for investment is harming us. I believe its treachery by our rulers. If our rulers own Sugar, leather, fertiliser, cement, wheat etc factories, will they allow someone else to open one and have competition? I highly doubt it and if someone does then they will destroy them using the state.
I think World FactBook says Pakistan has a population of 242 million people.
 

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