Current GDP Rate

PAKISTAN GDP GROWTH RATE The Gross Domestic Product (GDP) in Pakistan expanded 3.59 percent in the fiscal year 2012-13 from the previous year. GDP Annual Growth Rate in Pakistan is reported by the Pakistan Bureau of Statistics. Pakistan GDP Growth Rate averaged 4.94 Percent from 1952 until 2013, reaching an all time high of 10.22 Percent in June of 1954 and a record low of -1.80 Percent in June of 1952. Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semiindustrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid. This page contains - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-08-28

Current Inflation Rate

The inflation rate in Pakistan was recorded at 8.30 percent in July of 2013. Inflation Rate in Pakistan is reported by the Pakistan Bureau of Statistics. Pakistan Inflation Rate averaged 8.03 Percent from 1957 until 2013, reaching an all time high of 37.81 Percent in December of 1973 and a record low of -10.32 Percent in February of 1959. In Pakistan, most important categories in the consumer price index are food and non-alcoholic beverages (35 percent of total weight); housing, water, electricity, gas and fuels (29 percent); clothing and footwear (8 percent) and transport (7 percent). The index also includes furnishings and household equipment (4 percent), education (4 percent), communication (3 percent) and health (2 percent). The remaining 8 percent is composed by: recreation and culture, restaurants and hotels, alcoholic beverages and tobacco and other goods and services. This page contains - Pakistan Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-08-28

Current Interest or Discount Rate

The benchmark interest rate in Pakistan was last recorded at 9 percent. Interest Rate in Pakistan is reported by the State Bank of Pakistan. Pakistan Interest Rate averaged 12.69 Percent from 1992 until 2013, reaching an all time high of 20.00 Percent in June of 1997 and a record low of 7.50 Percent in November of 2002. In Pakistan, interest rates decisions are taken by the State Bank of Pakistan. The official interest rate is the discount rate. This page contains Pakistan Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 201308-28

Discount Rate
Slashing the 9.5 percent discount rate by 50 basis points (bps) to be effective from June 24 for the next couple of months, the central bank Friday dubbed the implementation of a reform-oriented and credible medium-term fiscal outlook as essential for the newly-elected government to benefit from the post-May 11 evolving positive sentiments and lure investors. - See more at: Budget Deficit
Pakistan recorded a Government Budget deficit equal to 6.40 percent of the country's Gross Domestic Product in 2012. Government Budget in Pakistan is reported by the Government of Pakistan. Pakistan Government Budget averaged 3.76 Percent of GDP from 1990 until 2012, reaching an all time high of 8.80 Percent of GDP in December of 1990 and a record low of -6.40 Percent of GDP in December of 2012. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page contains - Pakistan Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-08-28

Import/ Export Data Of Pakistan

PAKISTAN IMPORTS Imports in Pakistan decreased to 383245 PKR Million in July of 2013 from 388358 PKR Million in June of 2013. Imports in Pakistan is reported by the Pakistan Bureau of Statistics. Pakistan Imports averaged 48557.65 PKR Million from 1957 until 2013, reaching an all time high of 427531 PKR Million in May of 2013 and a record low of 96 PKR Million in April of 1959. Pakistan main imports are: fuel (40 percent of total imports); machinery and transport equipment (18 percent); chemicals (16 percent); food and animal or vegetable oils (13 percent) and manufactured goods (12 percent). Main import partners are: United Arab Emirates (17 percent), China (15 percent), Saudi Arabia (11 percent) and Kuwait (9 percent). Others include: Malaysia, Japan, India and United States. This page contains - Pakistan Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-08-28

PAKISTAN EXPORTS Exports in Pakistan decreased to 210491 PKR Million in July of 2013 from 216588 PKR Million in June of 2013. Exports in Pakistan is reported by the Pakistan Bureau of Statistics. Pakistan Exports averaged 29465.33 PKR Million from 1957 until 2013, reaching an all time high of 216588 PKR Million in June of 2013 and a record low of 51 PKR Million in April of 1958. Pakistan main exports are: cotton and knitwear (28 percent of total exports); bed wear, carpets and rugs (8 percent) and rice (8 percent). Others include: leather, fish, sports goods and fruits and vegetables. Main export partners are: United States (15 percent of total exports), United Arab Emirates (10 percent), Afghanistan (9.5 percent), China (9 percent), United Kingdom (3 percent) and Germany (2 percent). This page contains - Pakistan Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2013-08-28

Current Currency Exchange Rates

Currency
U.S. Dollar Euro British Pound UAE Dirham Saudi Riyal Kuwaiti Dinar Canadian Dollar Australian Dollar Omani Riyal Japanese Yen Malaysian Ringgit Qatari Riyal Bahrain Dinar Thai Bhat Chinese Yuan Hong Kong Dollar Danish Krone New Zealand Dollar Singapore Dollar Norwegians Krone Swedish Krona Swiss Franc Indian Rupee

Symbol
USD EUR GBP AED SAR KWD CAD AUD OMR JPY MYR QAR BHD THB CNY HKD DKK NZD SGD NOK SEK CHF INR

Buying
105.15 138.00 163.50 28.55 27.90 365.80 99.25 95.00 269.75 1.05 31.25 28.50 275.00 3.15 16.50 13.25 18.50 80.75 81.50 17.05 15.70 112.00 1.52

Selling
105.40 138.25 164.00 28.80 28.15 366.05 99.50 95.25 270.00 1.07 31.50 28.75 275.25 3.40 16.75 13.50 18.75 81.00 81.75 17.30 15.95 112.25 1.57

Per Capital Income 2013

the per capita income figure, the Pakistan Bureau of Statistics the governments statistical arm estimated a 2% growth in the countrys population that reached 183 million this year. It then divided the total national income with the number of people and got per capita income of $1,380, which is $57 or 4.3% higher than the per capita income last year.
Monetary Policy
The State Bank of Pakistan (SBP) is releasing the Monetary Policy Statement (MPS) today (Friday) with expectations of no change in key interest rate for next two months. The central board of directors of the State Bank will meet today (April 12, 2013) at its head office for deliberations on key economic issues and take a final decision on the key policy rate. The SBP had kept its key policy rate unchanged at 9.5 percent in the last Monetary Policy announced in February 2013. Although, year on year inflation stood at 6.6 percent in March 2013 compared to 7.54 percent in February, most of economists and analysts expect that the SBP will keep the discount rate unchanged at 9.5 percent for next two months because of massive decline in forex reserves and excessive government borrowings to meet the high fiscal deficit. They believed that further cut in policy rate may put some pressure on Pak rupee in the wake of depleting forex reserves.