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Isnt Pakistan a member of the next 11 since 2005 :?
"In 2005, Goldman Sachs identified the Next 11 (N-11) largest populations after BRIC, which—combined with economic and political conditions—could greatly impact the global economy. The N-11 countries include Bangladesh, Egypt, Indonesia, Iran1, Korea, Mexico, Nigeria,Pakistan, Philippines, Turkey and Vietnam."
Goldman Sachs Asset Management | The Next 11 - N-11
Since the 60s Pakistan has always been the "Next Emerging", but due to our pure stupidity and incompetence we push that target away every year.
I will have disagree brother.
Five years ago, Pakistan had the 65th largest economy and today its the 44th with a $231 billion Nominal GDP.
If better and a very forceful governance comes in which also works very hard to register the $400 billion plus unofficial economy, Pakistan's GDP could jump straight into the top 20 economies within the next 5 years.
That can only happen if that's what the people of Pakistan truly want to happen by the Will of Allah.
in 2011 Pakistan GDP was $190B and in 2012 it is $231B...that means Pakistan grew at 21% growth rate....wow...
A welcome development. We are indeed an emerging economy and population wise stand at sixth place. If our geographical location was different and we weren't overshadowed by India we would have been a very important place.
A $230 billion GDP is not bad. That is larger than Qatar.
Pakistan is already in the n-11 , our target should be BRICS , inshallah!!