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As of 2014, it was reported as $114 billion. [13] A PricewaterhouseCoopers study released in 2009, which surveyed the 2008 GDP of the top cities in the world, calculated Karachi’s GDP (PPP) to be $75 billion (projected to be $193 billion in 2025 at a growth rate of 5.5%). It confirmed Karachi’s status as Pakistan’s largest economy, well ...
Karachi ( / kəˈrɑːtʃi /; Urdu: کراچی; Sindhi: ڪراچي; IPA: [kəˈraːtʃi] ⓘ) is the capital city of the Pakistani province of Sindh. It is the largest city in Pakistan and the 12th largest in the world, with a population of over 20 million.
Coordinates: 24°51′N 67°02′E. Karachi has a semi-arid climate, formerly a hot desert climate , albeit a moderate version of this climate, influenced by monsoons. Karachi has a tropical climate, despite being located slightly above the Tropic of Cancer. It is situated in the monsoon region of Pakistan. It is located on the coast bordering ...
Earlier this month a top JPMorgan executive said he expected investment-banking fees to be up 25% to 30% compared with the second-quarter of 2023, revising an earlier estimate higher.
Palantir's revenue rose 24% in 2022 and 17% to $2.2 billion in 2023, but it fell short of its original goal of growing its revenue by at least 30% annually through 2025. It mainly blamed that ...
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.
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