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Amid these economic dynamics, Pakistan underwent a structural transition. The GDP share of agriculture declined from 53% in 1947 to 21.2% in 2010, while the GDP share of industry rose from 9.6% in 1949–50 to 25.4% in 2010. Additionally, the GDP share of the services sector increased from 37.2% in 1950 to 53.4% in 2010.
National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities. It refers to the total value of net wealth possessed by the residents of a state at a set point in time. [ 1 ]
Between 1947 and 1971, East Bengal generated between 70% and 50% of Pakistan's exports. [48] [49] Modern Bangladesh embarked on economic reforms in the late 1970s which promoted free markets and foreign direct investment. By the 1990s, the country had a booming ready-made garments industry.
>55% 50–55% 45–50% 40–45% 35–40% 30–35% Government spending as percentage of GDP in different countries, 1890 to 2011 This is a list of countries by government spending as a percentage of gross domestic product (GDP) for the listed countries, according to the 2014 Index of Economic Freedom [ 46 ] by The Heritage Foundation and The ...
In 2005, Daily Pakistan reported he was the second richest man in Pakistan with an estimated net worth of $1.8 billion. [318] He amassed great wealth while his wife was prime minister. [ 41 ] In 2007, he received $60 million in his Swiss bank account through offshore companies under his name. [ 86 ]
The Indian rupee ( symbol: ₹; code: INR) is the official currency in India. The rupee is subdivided into 100 paise ( Hindi plural; singular: paisa ). The issuance of the currency is controlled by the Reserve Bank of India.
t. e. In the United States, politics functions within a framework of a constitutional federal republic. The three distinct branches share powers: the U.S. Congress which forms the legislative branch, a bicameral legislative body comprising the House of Representatives and the Senate; the executive branch, which is headed by the president of the ...
The United States dollar ( symbol: $; currency code: USD; also abbreviated US$ to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries.