Pakistan’s GDP growth has gradually increased since 2012, and was 5.3% in 2017. Official unemployment was 6% in 2017, but this fails to capture the true picture, because much of the economy is informal and underemployment remains high. Human development continues to lag behind most of the ...
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Pakistan's failure to diversify its exports has left the country vulnerable to shifts in world demand. Pakistan's GDP growth has gradually increased since 2012, and was 5.3% in 2017. Official unemployment was 6% in 2017, but this fails to capture the true picture, because much of the econom...
Last Five Years Pakistan Economic Growth Rate (GDP) And Its Comparison With China, India And Bangladesh. Int. J. Sci. Tech. Res., 4(01): 81-84.Abdul Rehman,Luan Jingdong,Yuneng Du.Abdul Rehman,Luan Jingdong.Abdul Rehman.Last Five Years Pakistan Economic Growth Rate (GDP) And Its ...
World Bank forecasts a GDP growth of 5.2 percent for 2016-17. S&P also expects Pakistan's debt to fall below 60 percent of GDP by 2018. It has upgraded Pakistan's long-term credit rating to B with a stable outlook," Sharif said. He invited the foreign investors and businessmen to take...
World Bank forecasts a GDP growth of 5.2 percent for 2016-17. S&P also expects Pakistan's debt to fall below 60 percent of GDP by 2018. It has upgraded Pakistan's long-term credit rating to B with a stable outlook," Sharif said. He invited the foreign investors and businessmen to take...
Productivity increases do not guarantee these improvements, but without them - and the economic growth they bring - improvements are highly unlikely. GDP per person employed is a key measure to monitor whether a country is on track to achieve the Sustainable Development Goal of promoting sustained,...
All the serious challenges Pakistan's GDP is facing today like very wide budget and trade deficits, galloping inflation, increase in the level of poverty, power outages, water shortages, closure of industries, food insecurity, etc, has diverted our attention from realizing the very serious ...
This study addresses the research question of how renewable and non-renewable energy consumption (EC) affects economic growth (GDP) in Pakistan over a period of 1972-2015. The study extends the basic production function having labor and capital as the mainstream variables by adding major energy so...
Decentralization has, however, affected rural regions' income distribution in both directions. Furthermore, for both the national economy and urban regions, the GDP per capita growth rate and its square support Kuznet's inverted U-shape theory. However, the distribution of income in Pakistan's ...