Pakistan 2013 Growth rate revised to 6.1%: World Bank

[Da Bannu Mazdigar]

The World bank has revised Pakistan Growth rate to 6.1% becoming the 2nd fastest Growing economy in south asia after sri lanka

As per 2013 Update:

Pakistan Growth rate:

2012:4.1%
2013:6.1%



GDP PPP 2013: 855Billion dollars



Source:

GDP Growth rate:

http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG/countries/PK?display=graph

GDP PPP

http://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD/countries/PK?display=graph

[Da Bannu Mazdigar]

The rest of south asia Growth rate

Sri lanka: 7.3%
Pakistan:6.1%
Bangladesh :6.1%
India:5.0%
Afghanistan:4.2%
Nepal :3.8%



Source:

http://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG/countries/PK-IN-BD-LK-NP-AF?display=graph

[Da Bannu Mazdigar]

I am expecting the next year Growth rate(Real Growth rate) to be no less than 7% and should continue to be so atle+ast till 2020.

Considering the World bank graph,After 2006 this is the first time we have penetrated beyond 6%(7years).

A Growth rate of an average +7% for a decade will do wonders for Pakistani People.

Expecting GDP per capita by 2020

PPP- $12,000

Nominal-$3000

[Da Bannu Mazdigar]

IMF has not yet updated the 2013 Growth rate for Pakistan But the 2012 Growth rate is similar to WB mentioned(4%)

A average Growth rate of 7% upto 2020 Will do wonders for Pakistan



Source:IMF

http://www.google.com.pk/publicdata/explore?ds=d5bncppjof8f9_#!ctype=l&strail=false&bcs=d&nselm=h&met_y=ny_gdp_mktp_kd_zg&scale_y=lin&ind_y=false&rdim=region&idim=country:PAK&ifdim=region&tstart=931633200000&tend=1341946800000&hl=en_US&dl=en_US&ind=false