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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.
2022 Pakistan floods in summer cause over $30 billion dollars in economic losses in Pakistan. [26] At the end of March 2022, the State Bank of Pakistan's reserves stood at $11.425bn, but they gradually tanked to an almost four-year low of $6.715bn on 2 December. Pakistan's foreign exchange reserves equal to just five weeks of merchandise ...
Contents. Economic history of Pakistan. Since independence in 1947, the economy of Pakistan has emerged as a semi- industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. Pakistan's GDP growth has been gradually on the rise since 2012 and the country has ...
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. Between 1998 and 2017, the average annual population growth rate stood at +2.40%.
List of countries by length of coastline. 1,030 km. Highest Point. 2/248 (official territory) K2 is the second highest peak in the world. Mountain peaks over 7,200 meters above sea level. 2nd (official territories) List of highest mountains on Earth. Pakistan has 42 mountain peaks which are over 7,200 metres (23,622 ft) above sea level.
Pakistan joined IMF on 11 July 1950 as newly established country was facing fiscal problems since its creation in 1947 from British India. In 1958, for the first time, Pakistan went to IMF for bailout. For this, IMF lent out US$25,000 (equivalent to $264,014 in 2023) [originally the loan-amount is given in SDR; [4] for this article it is ...
The Census in Pakistan is a legally decennial census and a descriptive count of Pakistan 's population on Census Day, and of their dwellings, conducted and supervised by the Pakistan Bureau of Statistics. [2] The 2017 Census in Pakistan marks the first census to take place in Pakistan since 1998. The most recent census was the 2023 Pakistani ...
Contents. Poverty in Pakistan. Poverty in Pakistan has been recorded by the World Bank at 39.3% using the lower middle-income poverty rate of US$ 3.2 per day for the fiscal year 2020–21. [ 1 ] In September 2021, the government stated that 22% percent of its population lives below the national poverty line [ 2 ] set at Rs.3030 (US$10) per month.