What is the real GDP in 2022?
Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the third quarter of 2022 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP decreased 0.6 percent.
For India, the 2022 real GDP growth projections have been lowered to 7 per cent from 7.7 per cent.
US Real GDP is at a current level of 20.02T, up from 19.90T last quarter and up from 19.67T one year ago. This is a change of 0.64% from last quarter and 1.77% from one year ago.
Punjab has the largest economy in Pakistan, contributing most to the national GDP. The province's economy has quadrupled since 1972.
GDP Annual Growth Rate in Pakistan averaged 4.79 percent from 1952 until 2021, reaching an all time high of 10.22 percent in 1954 and a record low of -1.80 percent in 1952.
Guyana was named as the fastest-growing economy in both forecasts by the IMF. The sparsely populated country is growing thanks to new oil exploitation projects.
Real gross domestic product (GDP) decreased at an annual rate of 0.6 percent in the second quarter of 2022 (table 1), according to the "second" estimate released by the Bureau of Economic Analysis.
The overall ranking of Best Countries measure global performance on a variety of metrics. Switzerland is the best country in the world for 2022.
Which country has lowest GDP?
...
The 20 countries with the lowest gross domestic product (GDP) per capita in 2021 (in U.S. dollars)
With a GDP of 23.0 trillion USD, the USA is by far the world's largest economy in this ranking for 2021. It is followed by China in second place with a GDP of 17.7 trillion USD. Canada is also quite far ahead in the international comparison and occupies the ninth place in this ranking.
![What is the current GDP of Pakistan 2022? (2024)](https://i.ytimg.com/vi/89QZU30nT3U/hq720.jpg?sqp=-oaymwEcCNAFEJQDSFXyq4qpAw4IARUAAIhCGAFwAcABBg==&rs=AOn4CLAKJCTPk7LJ2aRT1JE7Jv-yv2M69g)
Nominal GDP Rankings by Country
United States (GDP: 20.49 trillion) China (GDP: 13.4 trillion) Japan: (GDP: 4.97 trillion) Germany: (GDP: 4.00 trillion)
The ideal GDP growth rate is between 2% and 3%. The GDP growth rate was 2.6% for the third quarter of 2022, compared to the second quarter's 0.6% decline. The GDP growth rate measures how healthy the economy is.
$18.32 trillion (nominal; 2022 est.) $30.07 trillion (PPP; 2022 est.)
Luxembourg: USD 143,203 per capita in 2025
We forecast Luxembourg to be the world's wealthiest economy in 2025 in nominal GDP terms (at market exchange rates).
Rank | City | Price Gap (%) |
---|---|---|
1 | Karachi (The Most Expensive City) | 94.81 |
2 | Larkana | 49.54 |
3 | Sukkur | 38.77 |
4 | Khuzdar | 38.53 |
GDP in Pakistan averaged 89.76 USD Billion from 1960 until 2021, reaching an all time high of 356.13 USD Billion in 2018 and a record low of 3.75 USD Billion in 1960.
Is Pakistan growing faster than India?
India surpassed Pakistan in terms of GDP growth
Since 1960, India has not only surpassed Pakistan's GDP but has also taken a commanding lead on almost every economic front.
Another way to measure the different paths is in gross domestic product per person. In 1990, India and Pakistan had almost identical per-capita GDPs, a little under US$370 per person. But by 2021, India's had surged to $2,277, about 50% higher than Pakistan's.
Pakistan is not counted in the numbers of very rich countries because its being targeted by Terrorism and has no Continuous development. Though, Pakistan is ranked amongst the poorest countries in the world.
According to the list, Pakistan is the 138th richest country in the world.
1st: China
By 2030 China is likely to have cemented its position as the world's largest economy. If the experts at Standard Chartered are on the money, it's set to extend its lead significantly over the USA with a bumper GDP (PPP) of $64.2 trillion (£52.1tn), putting America's economy firmly in the shade.
China will emerge as the world's preeminent superpower, on the strength of its understanding of the future operating environment in 2050, as well as possession of the requisite resources to support its ambitions.
...
- United States. #1 in Power. ...
- China. #2 in Power. ...
- Russia. #3 in Power. ...
- Germany. #4 in Power. ...
- United Kingdom. #5 in Power. ...
- South Korea. #6 in Power. ...
- France. #7 in Power. ...
- Japan.
Synopsis. India is expected to become a superpower by 2025 when its per capita income nears $5,000 from $1,000 right now, a panel of eminent speakers at the ET Leader2Leaderforum on the sidelines of the Nasscom India Leadership Summit 2011 which kicked off on Tuesday.
Top 10 richest countries in the world according to the report published by PWC, were determined with the purchasing power parity. Top 10 Richest Countries in the World, 2050 are China, United States, Canada, United Kingdom, Brazil, Germany, France, Mexico, United States, India.
How is GDP calculated?
GDP = private consumption + gross private investment + government investment + government spending + (exports – imports). GDP is usually calculated by the national statistical agency of the country following the international standard.
GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population. Growth is calculated from constant price GDP data in local currency.
...
The Top Countries for Studying Abroad
Rank | Country | Quality Index |
---|---|---|
1 | United Kingdom | 78.2 |
2 | United States | 72 |
3 | Australia | 70.5 |
4 | Netherlands | 70.3 |
Myanmar. About 26% of Myanmar's population lives in poverty, particularly in rural areas, where about 70% of the population lives.
In the last three decades, Pakistan's HDI has increased by nearly 40%. Approximately 38% of Pakistani citizens are living in multidimensional poverty. Another 13% are vulnerable to this status. From 2004 to 2015, the multidimensional poverty rate has dropped from 55% to its current rate at 38%.
Burundi is the world's poorest country followed by Central African Republic, DR Congo, South Sudan and Somalia as the poorest. The richest countries are Luxembourg, Singapore, Ireland, Qatar and Switzerland.
Statistics | |
---|---|
GDP | $3.469 trillion (nominal; 2022 est.) $11.665 trillion (PPP; 2022 est.) |
GDP rank | 5th (nominal; 2022) 3rd (PPP; 2022) |
GDP growth | 8.7% (2021e) 6.8% (2022f) 13.5% (Q1 2022-23) 6.1% (2023f) |
GDP per capita | $2,466 (nominal; 2022 est.) $8,293 (PPP; 2022 est.) |
- Switzerland. #1 in Economically stable. #1 in Best Countries Overall. ...
- Germany. #2 in Economically stable. ...
- Canada. #3 in Economically stable. ...
- Netherlands. #4 in Economically stable. ...
- United Kingdom. #5 in Economically stable. ...
- Australia. #6 in Economically stable. ...
- Japan. #7 in Economically stable. ...
- Sweden. #8 in Economically stable.
What is Russia's GDP ranking?
Russia was the eleventh largest economy in the world in 2021, with its gross domestic product measured at 1.78 trillion U.S. dollars.
Real gross domestic product (GDP) decreased at an annual rate of 1.6 percent in the first quarter of 2022, according to the "third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2021, real GDP increased 6.9 percent.
Gross Domestic Product data can be found in the National Accounts dataset portal, and in the Data Tables tab of the International Financial Statistics dataset portal.
3. Real GDP or Gross Domestic Product (GDP) at Constant (2011-12) Prices in Q1 2022-23 is estimated to attain a level of ₹ 36.85 lakh crore, as against ₹ 32.46 lakh crore in Q1 2021-22, showing a growth of 13.5 percent as compared to 20.1 percent in Q1 2021-22. 4.
The ideal GDP growth rate is between 2% and 3%. The GDP growth rate was 2.6% for the third quarter of 2022, compared to the second quarter's 0.6% decline. The GDP growth rate measures how healthy the economy is. When the number is positive, the economy is growing.
Gross domestic product (GDP) is the most commonly used measure for the size of an economy. GDP can be compiled for a country, a region (such as Tuscany in Italy or Burgundy in France), or for several countries combined, as in the case of the European Union (EU).
Statistics | |
---|---|
GDP | $3.469 trillion (nominal; 2022 est.) $11.665 trillion (PPP; 2022 est.) |
GDP rank | 5th (nominal; 2022) 3rd (PPP; 2022) |
GDP growth | 8.7% (2021e) 6.8% (2022f) 13.5% (Q1 2022-23) 6.1% (2023f) |
GDP per capita | $2,466 (nominal; 2022 est.) $8,293 (PPP; 2022 est.) |
Union Minister Nitin Gadkari on Thursday said even as India has emerged as the world's fifth largest economy and although the country is rich, its population is poor, facing issues like starvation, unemployment, casteism, untouchability and inflation.
$460.75 billion (nominal; 2022 est.) $1.36 trillion (PPP; 2022 est.)