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Agriculture is considered the backbone of Pakistan's economy, which relies heavily on its major crops. [ 1] Pakistan's principal natural resources are arable land and water. Agriculture accounts for about 18.9% [ 2] of Pakistan's GDP and employs about 42.3% of the labour force. The most agricultural province is Punjab where wheat & cotton are ...
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
Poverty may therefore also be defined as the economic condition of lacking predictable and stable means of meeting basic life needs. The first table lists countries by the percentage of their population with an income of less than $2.15 (the extreme poverty line), $3.65 and $6.85 US dollars a day in 2017 international ( PPP) prices.
This is a list of Pakistani administrative units by their gross state product (GSP) (the value of the total economy, and goods and services produced in the respective administrative unit) in nominal terms. GSP is the unit-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity.
List by UBS and Credit Suisse published in 2023 pertaining to total wealth of countries in 2022 [2] Country (or area) Subregion Region Total wealth (USD bn) % of world Wealth to GDP ratio [3] (2017–19) World: 454,385: 100.0% — Asia and Oceania: Asia and Oceania: 177,824: 39.1% — Northern America: Northern America: 151,170: 33.2% ...
The following is a list of R-rated and TV-MA rated adult animated films that have surpassed $1 million at the box office. 2016 is the most frequent year with two films, and over two-thirds were released after the year 2000.
Pakistan is the world's fifth most populous country. [ 498] Between 1951 and 2017, Pakistan's population expanded over sixfold, going from 33.7 million to 207.7 million. The country has a relatively high, although declining, growth rate supported by high birth rates and low death rates.