Pakistan GDP Growth Rate The Gross Domestic Product (GDP) in Pakistan expanded 3.59 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Pakistan is reported by the Pakistan Bureau of Statistics. From 1952 until 2013, Pakistan GDP Growth Rate averaged 4.9 Percent reaching an all time high of 10.2 Percent in June of 1954 and a record low of -1.8 Percent in June of 1952. Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semi-industrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid. This page contains - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-10-31
Posted on: Thu, 31 Oct 2013 09:25:42 +0000
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