Pakistan Economic Overview 2021-22

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Questions and Answers

What is the approximate population of Pakistan, according to the given information?

  • 224.78 million (correct)
  • 250 million
  • 300 million
  • 150 million

What percentage of Pakistan's land area is arable?

  • 33% (correct)
  • 10%
  • 50%
  • 25%

Which province is NOT listed as one of the four provinces of Pakistan?

  • Sindh
  • Khyber Pakhtunkhwa
  • Punjab
  • Baluchistan (correct)

What was the GDP growth rate in Pakistan during the 2021-22 economic survey?

<p>6% (A)</p> Signup and view all the answers

What is the approximate share of the agriculture sector in Pakistan's GDP, according to the 2021-22 economic survey?

<p>23% (A)</p> Signup and view all the answers

What is the approximate share of the services sector in Pakistan's GDP, according to the 2021-22 economic survey?

<p>60% (B)</p> Signup and view all the answers

What is the approximate population growth rate in Pakistan, as per the 2021-22 economic survey?

<p>2% per annum (A)</p> Signup and view all the answers

What is the approximate per capita income of Pakistan, according to the 2021-22 economic survey?

<p>$1,800 (B)</p> Signup and view all the answers

What is one of the current issues facing Pakistan's economy, as mentioned in the text?

<p>Lack of adequate infrastructure (B)</p> Signup and view all the answers

What was the approximate number of unemployed people in Pakistan during the 2021-22 economic survey?

<p>4.5 million (C)</p> Signup and view all the answers

Flashcards

Establishment of Pakistan

Pakistan was established on August 14, 1947 as the 5th most populous country.

Population of Pakistan

Pakistan's current population is approximately 224.78 million people.

Arable Land

Only one-third of Pakistan's land is arable, suitable for agriculture.

Provinces of Pakistan

Pakistan has four provinces: Punjab, Sindh, Khyber Pakhtoon Khah, and Balochistan.

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GDP Growth Rate

Pakistan's GDP growth rate was 6% as of the 2021-22 economic survey.

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Agriculture Sector Growth

The agriculture sector in Pakistan grew by 4.40% recently.

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Per Capita Income

The per capita income in Pakistan is $1798.

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Unemployment Rate

There are 4.51 million unemployed people in Pakistan.

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Literacy Rate

The literacy rate in Pakistan is 62.8%.

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Economic Challenges

Stability issues include unemployment, inflation, and weak infrastructure in Pakistan.

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Study Notes

Pakistan Economy Overview

  • Pakistan gained independence on August 14, 1947, initially as one of the world's five most populous countries.
  • Following a war in 1971, East Pakistan became Bangladesh, reducing Pakistan's population and land area.
  • Only one-third of Pakistan's land is arable.
  • Pakistan has experienced economic volatility over its 74-year history.
  • Political instability has hampered economic development.

Economic Indicators (2021-2022)

  • GDP Growth: 6%
  • Agricultural Growth Rate: 4.40%
  • Industrial Growth Rate: 7.2%
  • Services Sector Growth Rate: 6.19%
  • Product Sector Growth Rate: 5.66%
  • Agricultural, Industrial, and Services Sector Shares of GDP: 22.7%, 19.11%, and 58.20%, respectively.
  • Total Population: 224.78 million, growing at 2% annually.
  • Annual Per Capita Income: $1798
  • National Savings Share of GDP: 11.1%
  • Total Investment Share of GDP: 15.1%
  • Literacy Rate: 62.8%
  • Total Labor Force: 71.76 million
  • Number of Unemployed: 4.51 million

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