Pakistan GDP crosses $300 billion

[dawn_news]

there comes the difference btw nominal gdp and real gdp.. nominal gdp is gdp with current price and real gdp is the gdp with constant price.. that is real gdp is the gdp adjusted to inflation.. for calculating real gdp constant price of a base year will take.. people always confuse these two.. the growth of an economy always say with respect to real gdp.. that is why last year indian economy grown by >4.5% but nominal gdp reduced.. that the reason of indian gdp 2003-04.. real gdp growth gives the real picture of economic growth.. actually real gdp always less than nominal gdp.. world bank site give us real gdp growth with a base year and nominal gdp, but not real gdp.. but for pollitcal gimmicks officials say exaggerated real gdp figure by including some unorganised sectors.. so expecially the figures given by officials in local currency are not right for comparison with other countries.. for example the real gdp figures of USA,France etc are always 5-7% higher than their nominal gdp by world bank bcos of their spl methods of calculatin.. but I think revised data given in bank of pak web site in million Usd term is your nominal gdp.. that says 236 billion usd in 2013 also they revised datas recently.. and estimated figue for this year is nearly 250 bill usd as 168billion usd upto this feb..

The figure will be updated by june. And Indian GDP didn't reduce in rupees but in $ because of currency which went from 45 to 60. Indian GDP increased in rupees but in $ terms not, you are confusing again both things.