Electronic Industry Growth Rate In Pakistan

GDP Annual Growth Rate in Pakistan averaged 479 percent from 1952 until 2021 reaching an all time high of 1022 percent in 1954 and a record low of -180 percent in 1952. This page provides - Pakistan GDP Annual Growth Rate - actual values historical data forecast chart statistics economic.

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Manufacturing Production in Pakistan is expected to be 650 percent by the end of this quarter according to Trading Economics global macro models and analysts expectations.

Electronic industry growth rate in pakistan. 132 percent electronics 1524 percent paper board 508 percent engineering products 237 percent and rubber products 004 percent. The retail market volume growth for groceries beverages and tobacco in Pakistan is predicted to grow by 09 percent between 2017 and 2018. Average annual real GDP growth rates were 68 in the 1960s 48 in the 1970s and 65 in the 1980s.

Mobile subscribers are also expected to grow from 51 billion in 2018 to 58 billion in 2025. The Gross Domestic Product GDP in Pakistan expanded 394 percent in the 20202021 fiscal year. The trend for drinking healthy water and poor tap water quality are the main reasons for consumers interest in bottled water consumption in Pakistan.

Pakistan bottled water market is forecasted to reach USD 45157 million by 2025 growing at a CAGR of 1046 during the forecast period. Enterprise software has grown by 17 percent marketing tech 15 percent financial services 13 percent consumer goods 9 percent retaile. Advancements like the emergence of IoT across fitness bands and the growing popularity of smart devices provide an opportunity for market growth in this country.

Due to the miniaturization trend of mobile devices such as smartphones laptops and tablets for consumer convenience there has been a rise in the manufacturing of the Printed Circuit Board PCB. According to official estimates electronic media sector has generated direct employment for more than 250000 people of diversified skills and qualifications. Pakistan possesses many industrial rocks metallic.

With the current growth rate of more than seven percent per annum it is. Cotton textile production and apparel manufacturing are Pakistans largest industries accounting for about 65 of the merchandise exports and almost 40 of the employed labour force. The global Consumer Electronics market is poised to register a growth of 291 CAGR over the forecast period.

In the long-term the Pakistan Manufacturing Production is projected to trend around 800 percent in 2022 according to our. Econometric analysis of relevant data from the early 90s reveals the extent of contribution of different growth. Pakistans Information Technology industry has demonstrated positive growth trends for the last four years.

The consumption of cotton increased by 57 over the past five years while the economic growth rate. During 2016-17 Pakistans IT exports were 33 billion which have climbed to 5 billion and are expected to grow to 6 billion in the coming years. There has been a cumulative investment of approximately US 4 billion in the electronic media industry in Pakistan.

Cotton and cotton-based products account for 61 of export earnings of Pakistan. It has grown at over 4 percent in the face of GDP growth rate of somewhat less. Pakistans average economic growth rate in the first five decades 19471997 has been higher than the growth rate of the world economy during the same period.

Looking forward we estimate Manufacturing Production in Pakistan to stand at 410 in 12 months time. Average annual growth fell to 46 in the 1990s with significantly lower growth in the second half of that decade. Pakistan is bestowed with all kinds of resources which also include minerals.

28 Industry Value Added as Share of GDP 19702012 34 29 Competitiveness and Performance of Indias and Pakistans Exports 200007 36 210 Trends in Textile Exports by Major Categories 39 211 Industry Forum Interactions 43 212 Growth in Lending by. Government water boards have failed to deliver. Pakistans industrial sector accounts for about 19 of GDP.

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