Pakistan; The Fastest Growing Muslim Economy: The Economist magazine

[farhan_9909]

LONDON – According to ‘The Economist magazine’ the financial indicators published on Friday suggest that Pakistan is the fastest growing Muslim economy of the world.

Pakistan has become the 5th fastest growing economy in the world with Gross Domestic Product (GDP) is growing at the rate of 5.7% in 2015.

According to the publication of London based magazine, The Economist, India is leading the list of fastest growing countries with GDP at 7.6%.

China, Philippines and Vietnam are at the second, third and fourth number with GDP 6.9%, 6.7% and 6.2% respectively.

The interactive table of economics and financial indicators in ‘The Economist’ revealed that Pakistan is way ahead than larger Muslim economies in terms of economic growth in the recent years.

The Muslim countries like Malaysia, Indonesia, Egypt and Turkey are all below the Pakistan in economic growth

Pakistan; The Fastest Growing Muslim Economy | The News Tribe

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anyone with the economist subscription in the forum?

Original Source

http://www.economist.com/indicators

 

[HariPrasad]

Good luck to Pakistan and India.

 

[farhan_9909]

Good luck to Pakistan and India.

can we expect the era like 2004-05?India and pakistan both having +7%-8% growth rate

 

[HariPrasad]

can we expect the era like 2004-05?India and pakistan both having +7%-8% growth rate

let us hope. India has 7.6% and shall cross 8% in next year. hopefully under the mature leadership of Nawaz {akistan shall also supass the prediction of something around 4%. Just control the inflation.

 

[The Great One]

LONDON – According to ‘The Economist magazine’ the financial indicators published on Friday suggest that Pakistan is the fastest growing Muslim economy of the world.

Pakistan has become the 5th fastest growing economy in the world with Gross Domestic Product (GDP) is growing at the rate of 5.7% in 2015.

According to the publication of London based magazine, The Economist, India is leading the list of fastest growing countries with GDP at 7.6%.

China, Philippines and Vietnam are at the second, third and fourth number with GDP 6.9%, 6.7% and 6.2% respectively.

The interactive table of economics and financial indicators in ‘The Economist’ revealed that Pakistan is way ahead than larger Muslim economies in terms of economic growth in the recent years.

The Muslim countries like Malaysia, Indonesia, Egypt and Turkey are all below the Pakistan in economic growth

Pakistan; The Fastest Growing Muslim Economy | The News Tribe

=========================

anyone with the economist subscription in the forum?

This is the best I could find

IMF Survey : Asia: Stabilizing and Outperforming Other Regions

Even if Pakistan did grow by 5.7% which is the first time I am seeing so high a number for CY15, East Pakistan with 6.8% will beat you. Sorry

 

[RAMPAGE]

This is the best I could find

IMF Survey : Asia: Stabilizing and Outperforming Other Regions

Even if Pakistan did grow by 5.7% which is the first time I am seeing so high a number for CY15, East Pakistan with 6.8% will beat you. Sorry

Pakistan Pakistan hota hai, East ho ya west!

 

[wiqi21]

yep that is True

http://www.economist.com/indicators

 

[Devil Soul]

LONDON – According to ‘The Economist magazine’ the financial indicators published on Friday suggest that Pakistan is the fastest growing Muslim economy of the world.

Pakistan has become the 5th fastest growing economy in the world with Gross Domestic Product (GDP) is growing at the rate of 5.7% in 2015.

According to the publication of London based magazine, The Economist, India is leading the list of fastest growing countries with GDP at 7.6%.

China, Philippines and Vietnam are at the second, third and fourth number with GDP 6.9%, 6.7% and 6.2% respectively.

The interactive table of economics and financial indicators in ‘The Economist’ revealed that Pakistan is way ahead than larger Muslim economies in terms of economic growth in the recent years.

The Muslim countries like Malaysia, Indonesia, Egypt and Turkey are all below the Pakistan in economic growth

Pakistan; The Fastest Growing Muslim Economy | The News Tribe

=========================

anyone with the economist subscription in the forum?

 

[ito]

Are they projections or are real data? If projections then I am not interested.

 

[WAR-rior]

View attachment 220399

Why is Pakistan going down after 2016?

 

[farhan_9909]

Why is Pakistan going down after 2016?

Projection changes within months.Most of the economic indicators are positive along with the decrease in terrorist activities.

In late 2013 IMF projections,they predicted 4% growth rate for Pakistan in 2017-18 and today they have set 4.7% for this year.Infact for Pakistan,they change the projection atleast 3-4 times in a single year.

 

[WAR-rior]

Projection changes within months.Most of the economic indicators are positive along with the decrease in terrorist activities.

In late 2013 IMF projections,they predicted 4% growth rate for Pakistan in 2017-18 and today they have set 4.7% for this year.Infact for Pakistan,they change the projection atleast 3-4 times in a single year.

So u mean these projections have a fragile tolerance both towards + or - .

 

[farhan_9909]

So u mean these projections have a fragile tolerance both towards + or - .

I agree though considering the positive indicators, most likely the growth rate will accelerate further onwards 2016.

 

[WAR-rior]

I agree though considering the positive indicators, most likely the growth rate will accelerate further onwards 2016.

Well I am a theorist in economics but not without practical understanding of some logic.

Can u explain us what steps Pakistan is taking structurally to increase this growth rate?

 

[Kambojaric]

let us hope. India has 7.6% and shall cross 8% in next year. hopefully under the mature leadership of Nawaz {akistan shall also supass the prediction of something around 4%. Just control the inflation.

Inflation has decreased substantially over the past year so interest rates should keep falling which in turn will ofc boost our growth rate. Reserves too have grown to around 18 billion now and expected to reach 20 billion by the end of this year. Two years ago the reserves were down on 3 billion.

Fall in commodity prices pushes inflation further lower - The Express Tribune

Pakistani rupee gains as inflation at 11-year low points to further rate cuts