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Old Monday, January 26, 2015
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Default GDP of pak

AoA,
Can somebody please convert the Pakistan GDP i-e 4.14% to Dollars?

Please help. Thanks
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Old Monday, January 26, 2015
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Default GDP of Pakistan: Growth Rate 4.14%

Quote:
Originally Posted by Billa View Post
AoA,
Can somebody please convert the Pakistan GDP i-e 4.14% to Dollars?

Please help. Thanks
4.14% is the projected growth rate of pakistan GDP for the fiscal year 2014-2015. This fiscal year ends on 30th june 2015. There are three main economic tools/methods for measuring GDP and each individual figure rendered by them differs a bit due to the statistical adjustments/errors.

As per the World Bank, the fiscal year 2013-2014 outputted a gdp of $232.3 billion. If you google for other reliable websites, you will get GDP figures ranging from $220-$225/230 billion. So no big deal at all as the measurement method might be different. http://data.worldbank.org/country/pakistan


On the other hand, the apparantly hollow claims of pakistan bureau of statistics document a gdp of $240 billion (2013-2014). This is the largest amount in monetary terms you will find on the internet. However, there are strong reasons to assume that the provided figure might have been inflated. http://www.pbs.gov.pk/content/table-...t-basic-prices

Whenever you want to quote the GDP, always mention the source as the individual on the recieving side of information might have some other source in his/her mind.
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