Pakistan GDP or the Gross Domestic Product of Pakistan decides the growth of Pakistan's economy. In spite of the fact that Pakistan is among the highest populated nations and that much of the citizens do not even earn a decent living, the country is fast improving its economic status. The economy growth of Pakistan is among the top three developing nations in the world, the other two being China and India. The growth percentage of
Pakistan GDP was calculated as 8.45 % in 2005. Much of the success of the economy owes it to the telecommunication industry as well as the growing Information Technology sector.
PAKISTAN STATISTICS
- GDP (official exchange rate): $124 billion (2006 est.)
- GDP - per capita (PPP): $2,600 (2006 est.)
- GDP - real growth rate: 6.6% (2006 est.)
- GDP (purchasing power parity): $437.5 billion (2006 est.)
- GDP - composition by sector: agriculture: 22%
- industry: 26%
- services: 52% (2006 est.)
The good news about the Pakistan economy development is that the government has been truly successful in bringing down the poverty levels very successfully in the last 6 years. The economy of the country has now reached a steady statistics. The proof of this lies in the fact that even after the 2005 earthquake, the country was strong enough to sustain the loss.
