All Blog Posts Tagged 'GDP' (36)

Pakistan Translates GDP Growth to Citizens' Welfare Better Than India

Pakistan does better than India and China in translating GDP growth to citizens' well-being, according to a 2016 Boston Consulting Group (BCG) report titled "From Wealth to Well Being".



One particular metric BCG uses is growth-to-well-being coefficient on which Pakistan scores 0.87, higher than India's 0.77 and China's 0.75. Among South Asian nations, Bangladesh scores much higher at 1.03. The top ten countries in… Continue

Added by Riaz Haq on July 31, 2016 at 11:20am — 1 Comment

Pakistan Experiencing Strong Growth in Energy Consumption

Pakistan's energy consumption grew by 5.7% in 2015, faster than the 5.2% increase in neighboring India that claims significantly faster GDP growth. Primary energy consumption growth in a country is often seen as a strong indicator of its GDP growth. Ever since the advent of the industrial age, energy has become increasingly important as a driver of farms, factories, communication, transportation,…

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Added by Riaz Haq on July 24, 2016 at 11:42pm — 53 Comments

Pakistan Economy Nears Historic Trillion Dollar PPP GDP Mark

Pakistan's PPP GDP is nearing trillion US$ mark in 2015, according to the latest figures available from the International Monetary Fund.

Nominal GDP based on current exchange rates is reported at $270 billion in 2015, up from $246 billion in 2014, an increase of $24 Billion.  Pakistan's per capita nominal GDP for 2015 is $1,427.085, up from $1,325.790 in 2014.…

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Added by Riaz Haq on December 16, 2015 at 9:00pm — 6 Comments

Pakistan Economic History 1947-2010





Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation's existence. In spite of rapid population growth during this period, per capita incomes doubled, inflation remained low and poverty declined from 46% down to 18% by late 1980s, according to eminent Pakistani economist…

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Added by Riaz Haq on October 14, 2015 at 9:30am — 4 Comments

Pakistan 2.0: Technology to Drive Productivity and GDP

Introduction of green revolution technologies drove Pakistan's rapid GDP growth in 1960s and 1970s when it was essentially an agricultural economy. The decade of 1980s saw livestock revolution that helped increase farm productivity. Will rapid absorption of information and communication technology (ICT) do the same in coming…

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Added by Riaz Haq on May 11, 2015 at 10:24pm — 24 Comments

Post Cold War Geopolitics Keeps Indian Economy Afloat

India runs massive current account deficits. Its imports far outstrip exports year after year. According to the Reserve Bank (RBI) data, in the April-December 2014 period of last fiscal, India's current account deficit stood at $31.1 billion or 2.3% of …

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Added by Riaz Haq on April 20, 2015 at 8:30pm — 12 Comments

Animal Droppings Boost India's GDP

"The estimated “evacuation (defecation) rates” are 0.3 kilograms per day for goats and 0.8 kilograms per day for sheep. The study, titled “Positive Environmental Externalities of Livestock in Mixed Farming Systems of India,” was conducted jointly by the Central Institute for Research on Goats, in Makhdoom, Uttar Pradesh, and the National Center for Agricultural Economics and Policy Research in New Delhi. With all those “droplets” added in, the value of India’s…

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Added by Riaz Haq on April 17, 2015 at 8:30pm — 10 Comments

India Fudging GDP Figures to Look Better Than China?

Indian government now claims that the country's GDP grew by 6.9% in 2013-14, well above the 4.7% growth the country had announced earlier.

Based on the latest methodology,  it is claimed that the Indian economy expanded 7.5 percent year-on-year during the last quarter, higher than 7.3 percent growth recorded by China in the latest quarter, making it the fastest growing major economy in the world, according to …

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Added by Riaz Haq on February 9, 2015 at 10:34am — 15 Comments

Pakistan's Fast Growing FMCG Sector Excluded From Official GDP Report

"In terms of LSM growth, a number of sectors that are showing strong performance; (for example, fast moving consumer goods (FMCG) sector; plastic products; buses and trucks; and even textiles), are either under reported, or not even covered. The omission of such important sectors from official data coverage, probably explains the apparent disconnect between overall economic activity in the…

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Added by Riaz Haq on January 21, 2015 at 9:30am — 20 Comments

India-Pakistan Economies Compared in 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

Nominal and PPP GDP:

CIA…

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Added by Riaz Haq on October 3, 2014 at 9:00pm — 9 Comments

Pakistan Economy Ranks 23rd in the World

With an estimated $788 billion PPP GDP for 2011, Pakistan's economy is the 23rd largest in the world, according to the World Bank's International Comparison Program (ICP) 2011. Other surprises in the report include the…
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Added by Riaz Haq on May 14, 2014 at 9:00pm — 3 Comments

Pakistan Second Lowest Cost Country With $877 Billion PPP GDP and $4,450 Per Capita GDP

Pakistan is the second least expensive country in the world. Pakistan's GDP is $788 billion as of 2011 based on purchasing power parity (PPP), according to International Comparisons Program (ICP) findings 2011 released yesterday by the World Bank.



World Bank's International Comparison Program (ICP) does a detailed study of a list of… Continue

Added by Riaz Haq on April 30, 2014 at 11:30pm — 2 Comments

Indian Economy Shrank in USD Terms in 2012-13 as Global Economy Slowed

Sharp fall in Indian currency against the US dollar and slower economic growth have caused India's GDP for Fiscal  Year 2012-13 to shrink in US $ terms to $1.84 trillion from $1.87 trillion a year earlier. The Indian rupee has plummeted from 47.80 in 2012 to 54.30 to a US dollar in 2013, according to Business Standard. Since this report was published in Business…

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Added by Riaz Haq on June 29, 2013 at 8:00am — 22 Comments

Pakistan's Actual GDP Estimated at $401 Billion in 2012



Even with the run-up (in KSE-100), Andrew Brudenell, manager of the HSBC Frontier

Markets fund (HSFAX) in London, says Pakistan is one of the cheapest

markets he follows, at about seven times earnings. He notes that

earnings growth has kept pace with the market. The firms, he adds, are

typically cash-rich, boast strong return on…
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Added by Riaz Haq on November 18, 2012 at 9:30pm — 35 Comments

Pakistan's PPP GDP for 2010-11 at $555 Billion

Nominal per capita incomes in both India and Pakistan stand at just over $1200 a year, according to figures released in May and June of 2011 by the two governments. This translates to about $3100 per capita in terms of PPP (purchasing power parity). Using a more generous PPP correction factor of 2.9 for India as claimed by… Continue

Added by Riaz Haq on August 19, 2011 at 5:30pm — 5 Comments

Pakistan GDP Driven By Consumption, Not Exports and Investments

Gross domestic product (GDP) is calculated by adding up public and private consumption, investments and exports. Some of the major world economies, most notably Germany and China, are led by exports, while others, such as United States, United Kingdom, India and Pakistan, are primarily domestic consumption driven.



With almost 80% of its GDP from consumption, Pakistan has particularly heavy reliance on domestic… Continue

Added by Riaz Haq on September 17, 2010 at 8:48pm — 6 Comments

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    Blog Posts

    Pakistanis' Insatiable Appetite For Smartphones

    Samsung is seeing strong demand for its locally assembled Galaxy S24 smartphones and tablets in Pakistan, according to Bloomberg. The company said it is struggling to meet demand. Pakistan’s mobile phone industry produced 21 million handsets while its smartphone imports surged over 100% in the last fiscal year, according to …

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    Posted by Riaz Haq on April 26, 2024 at 7:09pm

    Pakistani Student Enrollment in US Universities Hits All Time High

    Pakistani student enrollment in America's institutions of higher learning rose 16% last year, outpacing the record 12% growth in the number of international students hosted by the country. This puts Pakistan among eight sources in the top 20 countries with the largest increases in US enrollment. India saw the biggest increase at 35%, followed by Ghana 32%, Bangladesh and…

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    Posted by Riaz Haq on April 1, 2024 at 5:00pm

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