Abb Takk News

GDP growth: Pakistan makes it to list of top five Asian economies

Pakistan has made it to the top-five Asian economies in terms of GDP. India is at the top of the list with GDP ratio of 7.5 percent which is expected to increase to 8.1 percent in 2016.

China is at the second spot with GDP ratio of 6.9 percent with Philippines, Vietnam and Pakistan at the third, fourth and fifth spot. Pakistan’s GDP has increased to 5.7 percent.

According to Finance Ministry Pakistan has joined the list of 20 emerging economies whose GDP ratio is expected to increase to 5.7 percent by the end of this fiscal year from 4 percent previously while the GDP target for next fiscal year is expected to be set at over 5 percent.