Pakistan economy expanded to $452.1 billion in fiscal year 2025-26 as overall GDP growth reached 3.99% in the third quarter, supported mainly by strong industrial performance. Officials said the national accounts were approved by the National Accounts Committee, which confirmed steady improvement across agriculture, industry and services during the January to March period. The Pakistan […]
Per capita income
Pakistan’s per capita income hits record high of $1,824 amid economic recovery
KARACHI: Pakistan has seen a significant economic rebound, with the country’s per capita income rising by 9.75% to reach a record high of $1,824 in the fiscal year 2024–25 (FY25), up from $1,662 in the previous year, according to provisional estimates from the Pakistan National Accounts Committee (NAC). In rupee terms, per capita income grew […]
PM says NAC estimates GDP growth rate at 3.94%, per capita income 13.4%
ISLAMABAD: Prime Minister Imran Khan has said that the National Accounts Committee (NAC) estimated the provisional growth rate of the Gross Domestic Product (GDP) during the current fiscal year (2020-2021) was 3.94 percent. “GDP growth reflects success of our government’s economic policies while managing Covid-19 pandemic. Our V-shaped recovery is balanced between three major sectors: […]
2020: Review of the American Economy
The USA, the largest economy in the world, entered a deep recession in 2020 with the crisis caused by the Covid-19 outbreak after a long period of economic growth. While the US economy is facing a deep economic downturn caused by the new type of coronavirus epidemic last year, it remains uncertain whether the effects […]