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Since independence in 1947, the economy of Pakistan has emerged as a semi-industrialized one, the on textiles, agriculture, and food production, though recent years have seen a push towards technological diversification. Pakistan's GDP growth has been gradually on the rise since 2012 and the country has made significant improvements in its ...
In the late 1940s, upon its establishment, Pakistan had an agrarian-based economy. Agriculture constituted 53% of the country's GDP in 1947 and slightly increased to 53.2% in 1949–50. With a population of approximately 30 million, including around 6 million residing in urban areas, about 65% of the labor force was engaged in agriculture.
The gross domestic product of India was estimated at 24.4% of the world's economy in 1500, 22.4% in 1600, 16% in 1820, and 12.1% in 1870. India's share of global GDP declined to less than 2% of global GDP by the time of its independence in 1947, and only rose gradually after the liberalization of its economy beginning in the 1990s.
Statesmen of the early decades of Pakistan, with Pakistan’s founding father and future Governor-General, Muhammad Ali Jinnah in the centre of the bottom row. Three future Prime ministers can also be seen with Khawaja Nazimuddin to Jinnah’s left, I.I. Chundrigar on the rightmost of the middle row, and Liaquat Ali Khan on Chundrigar’s left.
The World Bank marked up the outlook for the United States, the world’s largest economy. It now expects U.S. gross domestic product – the nation’s output of goods and services – to expand ...
They ruled parts of present-day Afghanistan, Pakistan, [63] and northwestern India, during or slightly before the 1st century AD. For most of their history, the leading Gondopharid kings held Taxila (in the present Punjab province of Pakistan) as their residence, but during their last few years of existence the capital shifted between Kabul and ...
Pakistan, [e] officially the Islamic Republic of Pakistan, [f] is a country in South Asia. It is the fifth-most populous country, with a population of over 241.5 million, [c] having the second-largest Muslim population as of 2023. Islamabad is the nation's capital, while Karachi is its largest city and financial centre.
During that period economy of Pakistan remained in poor shape and Pakistan had to go to IMF again for record third in the period of Bhutto government. [3] As per few sources, this was the most corrupt government in the history of Pakistan. This time Pakistan got an amount of US$294,690 (equivalent to $608,108 in 2024) on 13 December 1995. [3]