What is current economy of Pakistan?
The country’s GDP size stands at Rs47. 709 trillion for 2020-21, compared to Rs41. 556tr the previous year, showing a growth of 14.8pc. But contrary to this, the GDP size surged to $296 billion in 2020-21 against $263bn in 2019-20, an increase of $33bn or 12.54pc.
Does Pakistan have a good economy?
Pakistan’s economic freedom score is 51.7, making its economy the 152nd freest in the 2021 Index. Pakistan is ranked 34th among 40 countries in the Asia–Pacific region, and its overall score is below the regional and world averages.
What is the rank of Pakistan in world economy?
Pakistan has a population of over 220 million people (the world’s 5th-largest), giving it a GDP per capita(nominal) of $1,543 which ranks 181st, and giving it a GDP per capita(PPP) of $5,964 which ranks 174th in the world. (2021 est.)
Is Pakistan a Third World country 2021?
The “Second World” countries were the Communist Bloc countries, including the Soviet Union, China, and their allies….Third World Countries 2021.
| Country | Human Development Index | 2021 Population |
|---|---|---|
| Pakistan | 0.562 | 225,199,937 |
| Nepal | 0.574 | 29,674,920 |
| Myanmar | 0.578 | 54,806,012 |
| Angola | 0.581 | 33,933,610 |
Is Philippines richer than Pakistan?
Philippines has a GDP per capita of $8,400 as of 2017, while in Pakistan, the GDP per capita is $5,400 as of 2017.
Is Pakistan a 4th world country?
However, their economic performance is much lower than in other more-developed nations of the world….Fourth World Countries 2021.
| Country | Human Development Index | 2021 Population |
|---|---|---|
| Cameroon | 0.556 | 27,224,265 |
| Pakistan | 0.562 | 225,199,937 |
| Nepal | 0.574 | 29,674,920 |
| Myanmar | 0.578 | 54,806,012 |