Pakistan - Gross domestic product in constant prices of 2010

In 2018, real GDP for Pakistan was 254,200 million US dollars. Between 1969 and 2018, real GDP of Pakistan grew substantially from 24,645 million to 254,200 million US dollars rising at an increasing annual rate that reached a maximum of 11.35% in 1970 and then decreased to 5.83% in 2018.

What is real GDP? GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

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Field Value
Author The World Bank
Last Updated January 28, 2020, 07:07 (UTC)
Created January 28, 2020, 07:07 (UTC)
Publisher NCBC
Data Type non-geospatial
Organization Type Educational institution
Category Economy & Finance