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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.
Pakistan is the world's fifth most populous country. [506] Between 1951 and 2017, Pakistan's population expanded over sixfold, going from 33.7 million to 207.7 million. The country has a relatively high, although declining, growth rate supported by high birth rates and low death rates.
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive external borrowings by the country over the years raised the spectre of ...
On 7 September 1958, after four years of negotiations (including six months of intense negotiations), Pakistan purchased the enclave of Gwadar from Oman for ₨.5.5 billion (US$3 million; approximately $22,410,311.42 in 2017). [13] Gwadar formally became a part of Pakistan on 8 December 1958, ending 174 years of Omani rule.
The COVID-19 pandemic in Pakistan is part of the pandemic of coronavirus disease 2019 caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The virus was confirmed to have reached Pakistan on 26 February 2020, when two cases were recorded (a student in Karachi who had just returned from Iran and another person in the Islamabad ...
The History of Pakistan prior to its independence in 1947 spans several millennia and covers a vast geographical area known as the Greater Indus region. [ 1 ] Anatomically modern humans arrived in what is now Pakistan between 73,000 and 55,000 years ago. [ 2 ] Stone tools, dating as far back as 2.1 million years, have been discovered in the ...
The country's urban population more than tripled between 1981 and 2017 (from 23.8 million to 75.7 million), as Pakistan's urbanisation rate rose from 28.2% to 36.4%. Even with this, the nation's urbanisation rate remains one of the lowest in the world , and in 2017, over 130 million Pakistanis (making up nearly 65% of the population) lived in ...
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