Pakistan GDP crosses $300 billion

[dawn_news]

''An official said this meant a power tariff increase in 2014-15 to generate Rs120 billion at an estimated GDP size of Rs29.7 trillion.''

Govt to raise Rs235bn from power, gas tariff hike - DAWN.COM

It means $304 billion at current value of rupee.

 

[jarves]

It is "estimated" and has not crossed yet and Gov. sources cannot be believed.Post something credible from IMF or World bank.

 

[dawn_news]

It is "estimated" and has not crossed yet and Gov. sources cannot be believed.Post something credible from IMF or World bank.

Estimated because it can be 29.7 or 30 trillion, the actual figure will come in june this year. And IMF it self update later on. They don't go around updating gdp every few months. Anyway pay attention in article, this gdp figure is IMF proved. IMF have total control and know how of Pak economy at the moment.

IMF will update their figures by year end anyway, they only do it once a year or two.

 

[CrazyPaki]

This is peanut compared to what we should have.

 

[ziaulislam]

It is "estimated" and has not crossed yet and Gov. sources cannot be believed.Post something credible from IMF or World bank.

officially govt sources regarding statistics can always be trusted...

 

[jarves]

officially govt sources regarding statistics can always be trusted...

Yeah but articles like this cannot be trusted.

 

[ziaulislam]

Yeah but articles like this cannot be trusted.

latest date is of 2013 which is around 22,909,079 million rupees.
around 230 billion dollars
it may reach 260-270 billion dollars in june 2014

 

[naveen mishra]

''An official said this meant a power tariff increase in 2014-15 to generate Rs120 billion at an estimated GDP size of Rs29.7 trillion.''

Govt to raise Rs235bn from power, gas tariff hike - DAWN.COM

It means $304 billion at current value of rupee.

seems Nawaz Sharif government is doing good

 

[farhan_9909]

latest date is of 2013 which is around 22,909,079 million rupees.
around 230 billion dollars
it may reach 260-270 billion dollars in june 2014

That was more for 2012-13.

Pakistan GDP last year was either 26Trillion or 26.3Trillion PKR.

It was to reach 28.7Trillion PKR till june 2014.The further 1Trillion increase is i am not sure about.

 

[Lil Mathew]

That was more for 2012-13.

Pakistan GDP last year was either 26Trillion or 26.3Trillion PKR.

It was to reach 28.7Trillion PKR till june 2014.The further 1Trillion increase is i am not sure about.

but according to the latest press release by state bank of Pakistan.. your 2013 gdp is 236.52 billion Usd.. gdp of this financial year upto feb.. that is 2013 jul to 2014 feb is 168.53 billion USD.. Its better belive it other than speculating.. check the document BPM5 feb2014 in Bank of Pakistan web site..

 

[farhan_9909]

Per capita Income in South asia by Mid 2014

Pakistann 304bn$/183m=1661$

Only 2nd to Sri lanka in South asia.

 

[maxpayne]

Imagine if we have enough power for all, where we will stand after 10 years? My guess is more than double

 

[farhan_9909]

but according to the latest press release by state bank of Pakistan.. your 2013 gdp is 236.52 billion Usd.. gdp of this financial year upto feb.. that is 2013 jul to 2014 feb is 168.53 billion USD.. Its better belive it other than speculating.. check the document BPM5 feb2014 in Bank of Pakistan web site..

THe best i could tell you is to wait till june/july.Everything will be updated.

Remember how Pakistan GDP increased from 176Billion dollars to 211Billion dollars within a single year despite only 2.1% Growth rate.

I have already told you all the developing countries GDP's are inflation boosted with the example of Indian GDP within one year(2003-04) Increasing from 618bn$ to 721bn$ despite only 7% Growth rate while the increase in the GDP was more than 15%.

Same is happening with Pakistan and will happen till atleast 2018-19 and our GDP by than would had atleast reached a 550-600Billion dollars mark.

This year Expected GDP of Pakistan

295-300bn Dollars if the dollar remain at 98.If decrease upto 95 as claimed by many experts than might even increase 310Billion dollars mark

 

[Lil Mathew]

THe best i could tell you is to wait till june/july.Everything will be updated.

Remember how Pakistan GDP increased from 176Billion dollars to 211Billion dollars within a single year despite only 2.1% Growth rate.

I have already told you all the developing countries GDP's are inflation boosted with the example of Indian GDP within one year(2003-04) Increasing from 618bn$ to 721bn$ despite only 7% Growth rate while the increase in the GDP was more than 15%.

Same is happening with Pakistan and will happen till atleast 2018-19 and our GDP by than would had atleast reached a 550-600Billion dollars mark.

This year Expected GDP of Pakistan

295-300bn Dollars if the dollar remain at 98.If decrease upto 95 as claimed by many experts than might even increase 310Billion dollars mark

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..

 

[ziaulislam]

That was more for 2012-13.

Pakistan GDP last year was either 26Trillion or 26.3Trillion PKR.

It was to reach 28.7Trillion PKR till june 2014.The further 1Trillion increase is i am not sure about.

Per capita Income in South asia by Mid 2014

Pakistann 304bn$/183m=1661$

Only 2nd to Sri lanka in South asia.

as much as i would like that to be true its not.
i just checked statebank values.
the reason is past 5 years growth was near to 2-zero

we were no.2 after srilanka in percapita in musharraf or i will say PML Q era