GDP in local currency terms reached 41,727 PKR bil in 2020 in Pakistan, according to the National Statistical Office. This is 9.89 % more than in the previous year.
Historically, GDP in local currency terms in Pakistan reached an all time high of 41,727 PKR bil in 2020 and an all time low of 13.0 PKR bil in 1953. When compared to Pakistan's main peers, GDP in local currency terms in Afghanistan amounted to 1,466 AFN bil, 102,491 CNY bil in China, 190,540 INR bil in India and 30,152,812 IQD bil in Iran in 2020.
Pakistan has been ranked 28th within the group of 173 countries we follow in terms of GDP in local currency terms, 3 places above the position seen 10 years ago.
GDP at purchaser's prices is the sum of the gross value added to the economy by all resident producers, plus any product taxes and minus any subsidies not included in the value of the products.