Pakistan Real GDPPakistan Real GDPPakistan Real GDP

Pakistan Real GDP

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About Pakistan Real GDP

Category
GDP
Frequency
Annual
Units
PKR

Frequently Asked Questions

Real GDP is calculated using a GDP price deflator, which is the difference in prices between the current year and the base year. Then nominal GDP (GDP adjusted for inflation) is divided by this deflator, yielding real GDP. Nominal GDP is usually higher than real GDP because inflation is typically a positive number.
Since GDP measures an economy's output, it is subject to inflationary pressure. So real GDP is a measure of an economy's output adjusted for inflation.
In 2023 Pakistan Real GDP was 40.964 T PKR, and the previous year it amounted to 40.966 T PKR.