Pakistan GDP Growth Rate

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Cyra
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Pakistan GDP Growth Rate

Post by Cyra » Sep 18, 2010 Views: 3220

The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year.

The Pakistan economy expanded 2.00 percent over the last year, as measured by the year-over-year change in Gross Domestic Product (GDP YoY). Unlike the commonly used quarterly GDP growth rate the annual GDP growth rate takes into account a full year of economic activity, thus avoiding the need to make any type of seasonal adjustment. The Pakistan Gross Domestic Product is worth 167 billion dollars or 0.27% of the world economy, according to the World Bank. From 1998 until 2009, Pakistan's average annual GDP Growth was 4.92 percent reaching an historical high of 9.00 percent in December of 2005 and a record low of 2.00 percent in December of 2001.




Year Mar Jun Sep Dec
2009 2.00
2008 4.10

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alvera
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Post by alvera » Sep 18, 2010

good information

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Rizwan
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Post by Rizwan » Sep 19, 2010

good information
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