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What are the indicators of development of Pakistani economy?

What are the indicators of development of Pakistani economy?

Pakistan Indicators

GDP Annual Growth Rate 3.94 Dec/21
Unemployment Rate 4.4 Dec/20
Inflation Rate 13.4 Apr/22
Interest Rate 12.25 Apr/22

Is Pakistan developed or developing?

Pakistan is a developing country with a semi-industrial economy. Primary export commodities include textiles, leather goods, sports equipment, chemicals, and carpets/rugs.

What is the position of Pakistan in development?

Pakistan shows significant progress in all economic areas except labor. In the composite index, Pakistan has sound economic status in the 3rd world. In the aggregate socioeconomic index of development, Pakistan has the strongest position in the 3rd world.

What is the development level of Pakistan?

Pakistan’s HDI value for 2019 is 0.557— which put the country in the medium human development category—positioning it at 154 out of 189 countries and territories. Between 1990 and 2019, Pakistan’s HDI value increased from 0.402 to 0.557, an increase of 38.6 percent.

What are the indicators of economic development?

The indicators of economic development are:

  • Growth rate of National Income:
  • Per Capita Income (PCI):
  • Per Capita Consumption (PCC):
  • Physical Quality Life Index (PQLI) and Human Development Index (HDI):
  • Industrial progress:
  • Capital formation:

What are the indicators of economy?

Leading indicators, such as the yield curve, consumer durables, net business formations, and share prices, are used to predict the future movements of an economy. The numbers or data on these financial guideposts will move or change before the economy, thus their category’s name.

What is the ranking of Pakistan in world?


List World Ranking Notes
Length of coastline 82/196
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) Pakistan has 42 mountain peaks which are over 7,200 metres (23,622 ft) above sea level.
Forest area 79/193

Where Pakistan stand in the world?

Is Pakistan economy improving in 2021?

During July-December 2021 (H1 FY22), indicators have mostly signaled positive economic momentum. With continued improvement in community mobility and still robust official remittance inflows, private consumption is estimated to have strengthened.

Which city is the gateway of Pakistan?

Lahore, Punjab
The Bab-e-Pakistan (Urdu: بابِ پاكستان , lit. ‘Gateway of Pakistan’) is a national monument in Lahore, Punjab, Pakistan which is being built on the site of one of the major Muslim refugee camps which operated in the aftermath of independence of Pakistan.

What are the 5 indicators of development?

The Human Development Index (HDI)

  • Life expectancy index.
  • Education index.
  • Mean years of schooling index.
  • Expected years of schooling index.
  • Income index.

What are the main indicators of development?

The main social indicators of development include education, health, employment and unemployment rates and gender equality, and this post introduces students to the specific indicators which institutions such as the World Bank and United Nations use to measure how ‘developed’ a country is, and the main indices which …

What are the 5 indicators of economic development?

What rank is Pakistan army?

9th most
According to Global Firepower, the Pakistan Armed Forces are ranked as the 9th most powerful military in the world.

Is Pakistan GDP growing?

GDP Growth Rate in Pakistan is expected to reach -0.50 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Pakistan GDP Growth Rate is projected to trend around 1.50 percent in 2021 and 4.00 percent in 2022, according to our econometric models.

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