Let’s look back at 2019’s fastest-growing economies. How well did Pakistan perform?
As per the real Gross Domestic Product (GDP) growth data for 2019, Pakistan has been at 5.8%.
Pakistan has improved significantly in terms of economics, business, trading, paying taxes, producing electricity, and dealing with permits of construction. All these measures show positive development.
As per the official statement of the World Bank, Pakistan has made doing business easier and convenient as it has expanded procedures that are available online. Additionally, obtaining permits for construction has become easier after the Lahore Development Authority and Sindh Building Control Authority provided systematic workflows.
Due to many new reforms, Pakistan has emerged among on of the countries with the fastest-growing economies.
As per the real Gross Domestic Product (GDP) growth data for 2019, Pakistan has been at 5.8%.
Other than Pakistan, many other countries have made it to the list of countries with fastest-growing economies, including:
- Rwanda: 7.8%
- Bangladesh: 7.8%
- Ivory Coast: 7.5%
- Ghana: 7.5%
- Ethiopia: 7.4%
- Nepal: 7.1%
- Cambodia: 7%
- Benin: 6.6%
- Mauritania: 6.6%
- Vietnam: 6.5%
- Gambia: 6.5%
- Maldives: 6.5%
- Laos: 6.4%
- Niger: 6.3%
- Turkmenistan: 6.3%
- Myanmar: 6.2%GDP in Pakistan fell to 3.3% in June 2019 from a growth of 5.8% in the previous year. Real GDP Growth YoY data in Pakistan is updated annually.
REFERENCE REPORT: READ HERE
