Pakistan Economy grows by 2.4 percent in 2011

[53fd]

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There is a saying in India mehngaii dayan khai jaat hai

Pakistan has 16% INFLATION when you add inflation to growth rate , you will get a figure in excess of 18% , which explain there jump from 176 Billion USD to 216 Billion USD

Pakistan has 10.2% inflation (it is typically averaging between 11 & 13%):



India has a real growth rate of about 7% & inflation of about 9.4%:

[nalandapride]

buddy as i said tht we are discussing the article posted here & which is from SBP which is more reliable than the outsiders imf etc....plus Pakistan nominal GDP grows by arround 18% just read somewhere & after every adjustments it comes to 2.4

But the figure of $176.8 Billion is the Nominal GDP, how come it rose to $216 Billion with just 2.4% growth rate. Pakistan PPP GDP is more than $400 Billion.

[Donatello]

Still better than the 0.5% of UK. LOL

[agentperry]

Still better than the 0.5% of UK. LOL

but dont you think one should keep the scale of economy into mind. after all stats are like bikinis showing everything but what is......

uk gdp is 2.25 trillion and .5% is again 11.25 billion.
watever. best of luck

---------- Post added at 03:20 AM ---------- Previous post was at 03:18 AM ----------

But the figure of $176.8 Billion is the Nominal GDP, how come it rose to $216 Billion with just 2.4% growth rate. Pakistan PPP GDP is more than $400 Billion.

why to create so much fuzz. datas are created with many things in mind and may be some other things or may be he is talking about the projection level.

anything is possible.

but im damn sure paksitani govt would have announced its economy reaching 200 billion dollar mark milestone. it is not a thing which can go unnoticed by govt, economist over the world and esp members of def.pk

[z9-ec]

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but im damn sure paksitani govt would have announced its economy reaching 200 billion dollar mark milestone. it is not a thing which can go unnoticed by govt, economist over the world and esp members of def.pk

It was announced when the government published Economic Survey report. Nonetheless, according to IMF our nominal GDP is at 202 USD and GOP stats it is 216 USD.