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The mixed economy of Sri Lanka was worth 27.60 LKR trillion ($84 billion) by gross domestic product (GDP) in 2023 [33] and $318 billion by purchasing power parity (PPP). [34] The country had experienced an annual growth of 6.4 percent from 2003 to 2012, well above its regional peers.
Toyota Indus's Corolla is the most assembled car in Pakistan. In 2017, 52,874 models were made. The automotive industry in Pakistan is one of fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 7% of Pakistan's GDP and employed a workforce of over 6.8 million people as of 2024. Pakistan is the 15th ...
The economy of Pakistan is categorized as a developing economy. It ranks as the 24th-largest based on GDP using purchasing power parity (PPP) and the 43rd largest in terms of nominal GDP. With a population of 254.4 million people as of 2024, Pakistan's position at per capita income ranks 161st by GDP (nominal) and 138th by GDP (PPP) according ...
PakWheels is a Pakistani online marketplace for car shoppers and sellers based in Lahore. [2] It aggregates thousands of new, used, and certified second-hand cars from thousands of dealers and private sellers. [3] The site also provides users with automotive reviews, shopping advice, and comparison tools for car financing and insurance ...
The car has a peak power of 80 kW or 108 hp and a battery capacity of 35 kWh covering 210 km. [24] Its first prototype was unveiled on 15 August 2022. [24] Pakistan, in collaboration with China, has introduced its first-ever electric car company, Topsun Motors, which inaugurated its showroom in Jail Road of Lahore on 3 January 2020. [25]
This is a list of gross domestic product (GDP) at purchasing power parity (PPP) for the latest year. [1] All sovereign states with United Nations membership and territory in Asia or Oceania are included on the list apart from the transcontinental countries which are included in the lists for Europe (when they are current or suspended members of the Council of Europe) or Africa in the case of ...
On April 4, the World Bank projected about 4 million Pakistani people falling below the lower middle-income ($3.6/day ) poverty line amid economic growth plummeting to just 0.4% against a target of 5pc. [56] In May 2023, Pakistan's inflation rate reached 38%, surpassing Sri Lanka to become the highest country in Asia. [57]
The South Asian Free Trade Area (SAFTA) is a 2004 agreement that created a free-trade area of 1.6 billion people in Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka with the vision of increasing economic cooperation and integration. [1]