Pakistan GDP cross $270 Billion mark

[My-Analogous]

According to latest figure Pakistan economy show some progress and Pakistan GDP cross 270 Billion dollar mark in 2015 and last year Pakistan GDP was 246 Billion dollar and we add some 24 Billion dollar in our GDP. In two years we will reach 5% growth Inshallah.

Our GDP as per PPP is also increase from 884.231 billion dollar to 930.759 Billion dollar with an increase of 46.528 billion dollar

Report for Selected Countries and Subjects

@Zarvan @Imran Khan @MastanKhan @Indus Falcon @Horus @WebMaster @fakhre mirpur

 

[Skull and Bones]

@Viper0011.

 

[skyisthelimit]

Good for Pakistan.

 

[Yousafzai_M]

Such news are utter nonsense. What do they mean for a common man? NOTHING !

 

[My-Analogous]

@Akheilos @Jungibaaz @Hyperion

Such news are utter nonsense. What do they mean for a common man? NOTHING !

How?

 

[rockstar08]

Good ..

 

[Guynextdoor2]

Such news are utter nonsense. What do they mean for a common man? NOTHING !

Leftist positions on the economy rarely deliver. Growth rate is extremely important.
eftist

 

[Muhammad Omar]

in how many years we will reach 500 billion?

 

[A.M.]

Nice percentage increase year over year but it could be so much better.

The entire focus of the economic team should be on lowering the undocumented percentage of the economy. Pakistanis have a significant amount of cash that never becomes part of the system. This cash needs to be brought in and taxed, as is the norm around the world. A few notes to consider:

• Pakistan has one of the lowest tax-to-GDP ratios in the world, similar to countries like Ethiopia and Afghanistan.
• Tax evasion is rampant among traders, businessmen and politicians.
• In a country of 180 million, fewer than 800,000 people paid their taxes last year.
• We don't need MORE taxes, we just need people to pay the current ones.

We're on the right path, something that i have been saying for months, but are only scratching the surface at this point.

 

[The Sandman]

Woah awesome

 

[My-Analogous]

in how many years we will reach 500 billion?

May be in another 10 to 20 years

 

[farhan_9909]

According to @Viper0011. chicha Pakistan is already $1.1 trillion economy.

As per my estimate,if we change the base year to 2010-11 the GDP will most likely reach 390-420Billion dollars for 2015-16.

 

[touela]

in how many years we will reach 500 billion?

According CIA World Factbook, Pakistans GDP grows approx. 40 Bln $ per year. Remaining math you do by your self.

 

[farhan_9909]

Please show the data, proofs and assumptions behind this estimate.

ask me in late 2017

thanks

 

[That Guy]

Such news are utter nonsense. What do they mean for a common man? NOTHING !

Actually, it means that there are more job opportunities now than there were last year, at least indirectly.