Pakistan; The Fastest Growing Muslim Economy

[Zibago]

Pakistan; The Fastest Growing Muslim Economy

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23 hours ago

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

 

[Zibago]

@Horus, @rockstar08, @WAJsal, @Junaid B, @Pomegranate, @Color_Less_Sky, @Zarvan, @xyxmt, @SipahSalar, @Bratva, @Stealth, @Rashid Mahmood,
@syedali73, @Leader, @DESERT FIGHTER, @Jazzbot, @Spring Onion, @chauvunist,
@Pakistan Shaheen, @karakoram, @syedali73, @rockstar08, @haviZsultan, @Gufi @Muhammad Omar, @graphican, @Gazi, @Donatello, @Hyperion, @Pak_Sher, @Sage,

 

[Gufi]

The growth needs to be channelled to the middle class or else you lose the whole purpose. The growth is not stopping the decline of the middle class and the wealth gap between the rich and the poor is increasing.

 

[SipahSalar]

I was just reading today that our GDP will grow by a mere 4.1% this year... I think this article is biased.

 

[B@KH]

Pakistan will Surpass Turkey in Economic terms in years to come if things are carefully done without any mistakes.

 

[Zibago]

I was just reading today that our GDP will grow by a mere 4.1% this year... I think this article is biased.

Har aray ghairay wailay nay apna number dia hay

 

[Gufi]

I was just reading today that our GDP will grow by a mere 4.1% this year... I think this article is biased.

the number does not matter, the trickle down model has failed miserably in every country that tries it. GDP growth does not concern us alone, it is also disparity in the wealth between different classes that is worrisome

 

[ashok mourya]

I thought Indonesia tops in growth rate of Muslim world,anyways congrats Pakistan.

 

[Shamain]

the number does not matter, the trickle down model has failed miserably in every country that tries it. GDP growth does not concern us alone, it is also disparity in the wealth between different classes that is worrisome

True , gdp is a yuk measure of economy.as in doesnt cover lots of aspects. I had once read that even economists dont like it.

I was just reading today that our GDP will grow by a mere 4.1% this year... I think this article is biased.

Yes lots of errorS.
What is newstribe.

Anyways,pak and vietnam figures are of yearly gdp ,and all the rest figures are quarterly.all shud be either yearly or quarterly

 

[Zibago]

Pakistan’s GDP to grow by 5.7 percent this year
By Web DeskMay 11, 2015 16:12

KARACHI: Pakistan’s gross domestic product is expected to grow by 5.7 per cent in 2015, according to a report in the prestigious magazine The Economist.

Pakistan was placed at fifth position of G20 and BRICS nation with GDP growth rate of 5.7 percent this year.

According to the list , India tops the list for growth of 7.6 percent while China is at second place with 6.9 percent GDP growth.

Philippines was placed at third spot with 6.7 percent GDP growth followed by Vietnam with 6.2 percent.

Pakistan’s GDP is expected to grow by 4.7 percent in 2016 whereas India’s expected GDP growth rate for 2016 is 8.1 percent.

The country’s industrial production increased by just 0.9 percent since last year whereas India’s production jumped by 5.0 percent since 2014.

Kanjoos logo bunda like he kar deta hay itna zabardast article lagaya hay main nay

 

[Shamain]

Ohhh plz dont buy india nonsense gdp figure

 

[Gufi]

Pakistan’s GDP to grow by 5.7 percent this year

Listen what matters is not the GDP but projects started to sustain and increase it. While there are some good decisions being taken there are some totally stupid ones like the metro train project which make one wonder if we have money to spare .... Dams, power plants, hospitals and education are more important and vanity and ribbon cutting need to be stopped. Offering taxis to bachelors degree holders is not a solution. China investing, a booming stock market, and low oil prices have given us a lucky year, we need to take advantage.

 

[Zibago]

Ohhh plz dont buy india nonsense gdp figure

Please visit my kashmiri refugee interview thread

 

[OrionHunter]

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.

How about this report? Though these seem to be conflicting, but a 5.7% growth rate appears to be incorrect.

The Gross Domestic Product (GDP) in Pakistan expanded 4.14 percent in 2013/14 fiscal year. GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2014, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. GDP Growth Rate in Pakistan is reported by the Pakistan Bureau of Statistics.

Pakistan GDP Growth Rate | 1952-2015 | Data | Chart | Calendar | Forecast

And now this from Pakistan's Express Tribune...

Pakistan's economy to fall in 2015 as South Asian economies strengthen: UN forecast
Due to the precarious security situation in the country, and low fixed investment, the report said, “macroeconomic fundamentals remain fragile” in Pakistan, in spite of the GDP rebounding to an estimated 4.2% in 2014 after robust private and public consumption.

The report forecasts economic growth to fall slightly in 2015, but pick up again in 2016.

Pakistan's economy to fall in 2015 as South Asian economies strengthen: UN forecast - The Express Tribune

 

[Zibago]

How about this report? Though these seem to be conflicting, but a 5.7% growth rate appears to be incorrect.

The Gross Domestic Product (GDP) in Pakistan expanded 4.14 percent in 2013/14 fiscal year. GDP Growth Rate in Pakistan averaged 4.92 percent from 1952 until 2014, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952. GDP Growth Rate in Pakistan is reported by the Pakistan Bureau of Statistics.

Pakistan GDP Growth Rate | 1952-2015 | Data | Chart | Calendar | Forecast

And now this from Pakistan's Express Tribune...

Pakistan's economy to fall in 2015 as South Asian economies strengthen: UN forecast
Due to the precarious security situation in the country, and low fixed investment, the report said, “macroeconomic fundamentals remain fragile” in Pakistan, in spite of the GDP rebounding to an estimated 4.2% in 2014 after robust private and public consumption.

The report forecasts economic growth to fall slightly in 2015, but pick up again in 2016.

Pakistan's economy to fall in 2015 as South Asian economies strengthen: UN forecast - The Express Tribune

Bhai jo opar likha hay zara par lo