Podcast
Questions and Answers
What is the current approximate population of Pakistan?
What is the current approximate population of Pakistan?
Which sector of Pakistan's economy experienced the highest growth rate in 2021-22?
Which sector of Pakistan's economy experienced the highest growth rate in 2021-22?
Which of the following best describes the overall economic performance of Pakistan in the past 74 years?
Which of the following best describes the overall economic performance of Pakistan in the past 74 years?
What is the share of the agriculture sector in Pakistan's GDP?
What is the share of the agriculture sector in Pakistan's GDP?
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What is the estimated annual growth rate of Pakistan's population?
What is the estimated annual growth rate of Pakistan's population?
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What is the approximate share of the industrial sector in Pakistan's GDP?
What is the approximate share of the industrial sector in Pakistan's GDP?
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What is the overall economic performance of Pakistan characterized by throughout its history?
What is the overall economic performance of Pakistan characterized by throughout its history?
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What was the GDP growth rate in Pakistan during the fiscal year 2021-22?
What was the GDP growth rate in Pakistan during the fiscal year 2021-22?
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Based on the provided information, what is the approximate number of unemployed individuals in Pakistan?
Based on the provided information, what is the approximate number of unemployed individuals in Pakistan?
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Which of the following is NOT a major economic challenge faced by Pakistan?
Which of the following is NOT a major economic challenge faced by Pakistan?
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What is the annual growth rate of Pakistan's population?
What is the annual growth rate of Pakistan's population?
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Which province is NOT included in the four provinces of Pakistan?
Which province is NOT included in the four provinces of Pakistan?
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What is the estimated per capita income of Pakistan (in USD)?
What is the estimated per capita income of Pakistan (in USD)?
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Flashcards
Pakistan's Independence Date
Pakistan's Independence Date
Pakistan gained independence on August 14, 1947.
Current Population
Current Population
Pakistan's population is approximately 224.78 million.
GDP Growth Rate 2021-22
GDP Growth Rate 2021-22
The GDP growth rate of Pakistan for the year 2021-22 was 6%.
Literacy Rate
Literacy Rate
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Agricultural Sector Contribution
Agricultural Sector Contribution
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Population Growth Rate
Population Growth Rate
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Total Investment as % of GDP
Total Investment as % of GDP
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National Savings Rate
National Savings Rate
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Industrial Sector Growth Rate
Industrial Sector Growth Rate
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Services Sector Contribution
Services Sector Contribution
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Employment Statistics
Employment Statistics
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Unemployment Rate
Unemployment Rate
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Per Capita Income
Per Capita Income
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Culturable Land in Pakistan
Culturable Land in Pakistan
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Study Notes
Pakistan Economy Overview
- Pakistan gained independence on August 14, 1947, becoming the 5th most populous nation at the time.
- It comprises four provinces (Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan) and Gilgit-Baltistan, FATA, Northern Areas.
- The country's total population is 224.78 million.
- Only ⅓ of its land is arable.
- Before 1971, Pakistan had two wings: West Pakistan and East Pakistan.
- After the 1971 India-Pakistan war, East Pakistan became Bangladesh.
Economic Performance (2021-2022)
- GDP growth rate: 6%
- Agricultural sector growth: 4.40%
- Industrial sector growth: 7.2%
- Services sector growth: 6.19%
- Product sector growth: 5.66%
- GDP sectors' shares: Agriculture (22.7%), Industry (19.11%), Services (58.20%)
- Annual population growth rate: 2% per annum.
- Per capita income: $1798
- National savings share of GDP: 11.1%
- Total investment in GDP: 15.1%
- Literacy rate: 62.8%
- Labor force: 71.76 million
- Employed: 67.25 million
- Unemployed: 4.51 million
Challenges & Concerns
- Pakistan's economy has experienced periods of instability and economic challenges.
- Political instability has plagued the nation since independence.
- Other concerns include unemployment, energy crises, inflation, poverty, weak infrastructure, and an overpopulation.
- Debt burden, scarcity of necessities, and poor health/sanitation are also noteworthy issues.
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Description
This quiz explores the economic landscape of Pakistan post-independence, focusing on the performance and challenges of its economy from 2021 to 2022. Participants will learn about GDP growth, sector contributions, and demographic details reflecting the nation's economic condition.
