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Per capita GNP growth rate from 1985 to 1995 was only 1.2 percent per annum, substantially lower than India (3.2), Bangladesh (2.1), and Sri Lanka (2.6). [2] The inflation rate in Pakistan has averaged 7.99 percent from 1957 until 2015, reaching an all-time high of 37.81 percent in December 1973 and a record low of -10.32 percent in February 1959.
This is a timeline of Pakistani history, comprising important legal and territorial changes and political events in the region of modern-day Pakistan. To read about the background of these events, see History of Pakistan and History of the Islamic Republic of Pakistan .
View history; Tools. Tools. move to sidebar hide. Actions Read; ... This is a list of years in Pakistan. See also the timeline of Pakistani history. 21st century ...
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 24 November 2024 Pakistan inflation rate was 4.9% lowest in 6.5 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
In the fiscal year 1949–50, Pakistan recorded a national savings rate of 2%, a foreign savings rate of 2%, and an investment rate of 4%. Manufacturing contributed 7.8% to the GDP, while services, trade, and other sectors accounted for a significant 39%, reflecting a policy centered around import-substituting industrialization .
Its large-scale manufacturing sector grew at a rate of over 18%. Hard-currency reserves, having grown phenomenally in recent years, reached record levels. GDP growth reached 8.4% in the twelve months ending June 30, 2004. Pakistan's stock market has been one of the best-performing stock markets this century, as of 2005.
In Reko Diq, Balochistan, deposits of copper and gold are present. Antofagasta, the company which possesses the Reqo Diq field, is targeting an initial production of 170,000 metric tons of copper and 300,000 ounces of gold a year. The project may produce more than 350,000 tons a year of copper and 900,000 ounces of gold.
While the history of the Pakistani Nation according to the Pakistan government's official chronology started with the Islamic rule over Indian subcontinent by Muhammad bin Qasim [1] which reached its zenith during Mughal Era. In 1947, Pakistan consisted of West Pakistan (today's Pakistan) and East Pakistan (today's Bangladesh).