Pakistan to become 16th largest economy by 2050: PwC report

[iqra6500]

KARACHI: Pakistan will become the 20th largest economy by 2030 and the 16th largest by 2050, PricewaterhouseCoopers (PwC), one of world’s biggest management consultancy firms, said in a report.

The report titled, ‘The Long View: How will the global economic order change by 2050?’ said that Pakistan’s GDP calculated in purchasing power parity terms (PPP) terms would surpass Canada and Italy by 2040.

According to the report, Pakistan ranked at 24 in 2016 and its GDP-PPP was close to $988 billion. By 2030, the GDP-PPP will reach $1,868 billion.
By 2050, the GDP-PPP is expected to exceed $4,236 billion, the report stated.

The professional services firm in its report said that Pakistan’s yearly GDP growth till 2050 would average 4.4 percent and per capita growth is expected to be at 2.9 percent.

https://www.geo.tv/latest/130392-Pakistan-to-become-16th-largest-economy-by-2050-PwC-report

 

[PIND-WALA]

2050. That's a long time......

 

[Vitamin_C]

$4236 billion GDP (ppp) is still very small for a country with a population as large a state Pakistan. And I think the reason for rank from 24 to 16 is the population of the other countries is not growing. Total GDP doesn't matter we should get esti,ate for GDP per capita instead.

 

[Educationist]

نواز چور شریف کو پھانسی دو

ہمیں ایسا کتا نہیں چاہیئے جو اپنی ہی عوام کو دھوکہ دیتا رہا

اس حرامی پلّے کو صرف اور صرف پھانسی دو​

 

[Reason]

If that happens, iss mein humara koi karnaama na ho ga.

 

[free_man]

نواز چور شریف کو پھانسی دو

ہمیں ایسا کتا نہیں چاہیئے جو اپنی ہی عوام کو دھوکہ دیتا رہا

اس حرامی پلّے کو صرف اور صرف پھانسی دو​

چوری کرے تو محمد عربی صلی اللہ علیہ وسلم کی بیٹی فاطمہ کے بھی ہاتھ کاٹے جائیں بس اس سے زیادہ اور کچھ کہنا فضول ہے

 

[tahirmajid]

It is all bases on present ratio of GDP. When GDP will grow faster then these statistics will change. It seems useless to be a 16th biggest economy by 2050 till that millions of Pakistani will die with hunger and poverty. No country can wait till that with 22 million population and almost 12 million young workforce. Don't rely on these reports.

 

[Skeptic]

Currently pakistan on 25th

https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)