Trends - gross domestic product

gross domestic product

Improving tax-to-GDP ratio crucial to ease Pakistan debt burden: FBR official

Federal Board of Revenue (FBR) chief commissioner Aftab Alam said on Tuesday improving tax-to-GDP ratio was...

Published 20 May, 2025 09:18pm

Business & Finance

UK economy grows 0.5% in February, beating expectations

LONDON: Britain’s economy grew at a monthly pace of 0.5% in February, figures from the Office for National...

Published 11 Apr, 2025 12:05pm

Pakistan

Q2FY24: Pakistan sees GDP growth of 1%, below expectation

National Accounts Committee says agriculture sees 5.02% growth, but industrial sector contracts

Updated 28 Mar, 2024 10:34pm

Business & Finance

Spanish economy returns to pre-pandemic levels

MADRID: Spain’s economy returned to pre-pandemic levels during the first quarter as it grew more than previously...

Published 23 Jun, 2023 06:39pm

Business & Finance

Malaysia’s economy jumps in Q2 but slower growth expected

KUALA LUMPUR: Malaysia’s economy grew at its fastest annual pace in a year in the second quarter, boosted by...

Published 12 Aug, 2022 11:27am

Editorials

State of economy: yet another impasse

EDITORIAL: Pakistan’s projected growth rate for the current year is 4.3 percent while 4 percent is projected for...

Published 18 Apr, 2022 05:30am

Markets

Gulf bourses rise, strong economic data propels Saudi 2pc higher

DUBAI: Gulf markets ended higher on Wednesday, with Saudi Arabia’s main index marking a gain after five straight...

Published 17 Mar, 2022 04:53am

Business & Finance

Qatar's economy grows by 2.6% in Q3 2021, lifted by non-hydrocarbon sector

DOHA: Qatar's economy grew 2.6% year-on-year in the third quarter of 2021, according to official estimates, driven...

Published 12 Jan, 2022 02:42pm

Business & Finance

Vietnam says 2021 state budget deficit was below 4% of GDP

HANOI: Vietnam's state budget deficit was below 4% of its gross domestic product in 2021, despite its spending to...

Published 06 Jan, 2022 11:07am

Business & Finance

Taiwan seen growing 4% in Q3 on pandemic hit, but exports help

TAIPEI: Taiwan's trade-reliant economy is expected to have expanded at a slower pace in the third quarter due to the...

Published 26 Oct, 2021 11:05am

Business & Finance

Qatar to tap debt markets only on 'opportunistic' basis this year

DUBAI: Qatar will tap the debt market only on an "opportunistic" basis this year after a surge in energy prices...

Published 23 Jun, 2021 04:26am

Business & Finance

France's Finance Minister eyes public deficit of 9.4% in 2021

Le Maire also told France 2 television he expected economic growth to return in early 2022 to pre-COVID 19 crisis levels.

Updated 31 May, 2021 11:02am

Business & Finance

French growth rebound fails to materialise in Q1

PARIS: A much-expected rebound of France's Covid-battered economy failed to materialise in the first quarter as key...

Published 29 May, 2021 03:59am

Business & Finance

Coronavirus hit on German economy bigger than expected in first quarter

On the year, gross domestic product contracted by 3.1%, the Federal Statistics Office said.

Published 25 May, 2021 12:20pm

Business & Finance

‘Increased GDP growth has confused opposition parties’

ISLAMABAD: Minister of State for Information and Broadcasting Farrukh Habib has said that the remarkably increased...

Published 24 May, 2021 04:03am

Business & Finance

FY22 Budget: Special relief to be given to salaried class: Rashid

ISLAMABAD: Minister for Interior Sheikh Rashid Ahmad, Sunday said that the government would provide incentives to ...

Published 24 May, 2021 04:03am

Business & Finance

UK economy grew by stronger-than-expected 1.3% in Q4

Britain's economy suffered the biggest drop of all countries in the Organisation for Economic Co-operation and Development except for Argentina and Spain last year, OECD data has shown.

Published 31 Mar, 2021 11:51am

Markets

Kazakhstan's GDP contraction slows in to 2.9% in Jan-Feb

The contraction was less steep than the 4.5% drop seen in January, he told a government meeting.

Published 11 Mar, 2021 11:48am

Business & Finance

Multinationals mask lockdown damage in Irish 2020 GDP growth

DUBLIN: Irish gross domestic product grew by 3.4% in 2020 as the large and relatively pandemic-proof multinational...

Published 06 Mar, 2021 05:01am

Markets

Swiss spooked by using debt to prop up economy

After falling by 8.6 percent in the first half of the year, Swiss GDP rebounded with a 7.2-percent gain in the third quarter.

Published 21 Feb, 2021 11:07am

World

Brazil economic activity fell 4.05pc in 2020, central bank index shows

The IBC-Br economic activity index, a leading indicator of gross domestic product, rose a seasonally adjusted 0.64% in December.
The government's GDP forecast for last year is a 4.5% contraction, which would be its biggest annual slump yet.

Published 12 Feb, 2021 08:13pm

Business & Finance

Britain's economy to reach pre-COVID-19 levels within two years

Last year the BoE slashed Bank Rate to 0.1% and restarted its bond buying programme to offer support to the economy. Medians in the poll suggest there will be no unwinding of that ultra-loose monetary policy until 2024 at the earliest.

Updated 12 Feb, 2021 11:49pm

World

Slovenia's 2020 budget gap narrower than forecast

"Revenues amounted to 9.08 billion euros, or 10.4% lower than in 2019, while expenditures rose 26.8% from 2019, reaching 12.57 billion euros," the ministry said.
In 2021, the government expects a budget gap of 2.75 billion euros, or 5.6% of GDP.

Published 29 Jan, 2021 06:02pm

Business & Finance

Virus pushes French economy into deep recession

The government for its part had estimated the economy would shrink by a much worse 11 percent for the year.

Published 29 Jan, 2021 02:24pm

Business & Finance

Emerging markets to bear brunt of sovereign rating cuts in 2021, says S&P Global

The coronavirus crisis is expected to push the debt-to-gross domestic product (GDP) ratios in the G7 group of rich nations up by 23 percentage points by the end of 2021 compared to 2019.
"That doesn't mean that developed economies are getting a pass. It just means that they have bought themselves more time," he said.

Updated 27 Jan, 2021 11:23pm

World

China takes lead over US in foreign direct investment in 2020

Direct investments in China by foreign companies increased by four percent
New investments by overseas businesses into the US fell 49 percent last year as the country struggled to curb the spread of the new coronavirus affecting the economic output

Published 25 Jan, 2021 10:44am

Business & Finance

Final consumption accounts for 54.3% of China's 2020 GDP

There is still big room for consumption to play the fundamental driving force for growth.

Published 18 Jan, 2021 11:18am

World

Bulgaria 2020 deficit lower than expected at 3pc of GDP

The latest figure equates to 3% of gross domestic product (GDP), down from previous expectations of a 4.4% shortfall.
At the end of the year (2020), instead of registering a deficit of 5.2 billion levs, we will have a deficit of 3.6 billion levs.

Published 01 Jan, 2021 06:34pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 20	283.77
USD PKR Interbank Buying / Jun 20	283.52
USD to Japanese Yen / Jun 20	145.32
USD to Swiss Franc / Jun 20	0.82
Pound Sterling to USD / Jun 20	1.35
Euro to USD / Jun 20	1.15
UK LIBOR % / Jun 19	4.96

Stock	Volume
S&P 500 / Jun 18	5,980.87
Nasdaq / Jun 18	19,546.27
Dow Jones / Jun 18	42,171.66
India Sensex / Jun 20	82,169.24
Tokyo Nikkei / Jun 20	38,403.23
Hang Seng / Jun 20	23,530.48
FTSE 100 / Jun 20	8,829.80
Germany DAX 30 / Jun 20	23,264.83
France CAC40 / Jun 20	7,592.12

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 19	16,785
Gold 10 Grams PKR / Jun 19	307,437
Crude Oil USD/Barrel / Jun 20	75.66
Gold Spot USD/Ounce / Jun 20	3,350.80
Cotton US¢/pound / Jun 20	66.53
Petrol/Litre / Jun 21	258.43
Diesel/Litre / Jun 21	262.59

Gainers
Losers
Leaders

Stock	Price
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	8.40 ▲ 1 (13.51%)
Shaheen Ins. / Jun 20 Shaheen Insurance Company Limited(SHNI)	6.10 ▲ 0.6 (10.91%)
Leather Up Ltd. / Jun 20 Leather Up Limited(LEUL)	39 ▲ 3.55 (10.01%)
Rupali polyester / Jun 20 Rupali Polyester Limited(RUPL)	24.61 ▲ 2.24 (10.01%)
Bhanero Textile / Jun 20 Bhanero Textile Mills Limited(BHAT)	880 ▲ 80 (10%)
Zahid Jee Textile / Jun 20 Zahidjee Textile Mills Limited(ZAHID)	43.66 ▲ 3.97 (10%)
J.A.Textile / Jun 20 J.A. Textile Mills Limited(JATM)	29.18 ▲ 2.65 (9.99%)
Shahzad Tex. / Jun 20 Shahzad Textile Mills Limited(SZTM)	46.57 ▲ 4.23 (9.99%)
Service Textile / Jun 20 Service Industries Textiles Limited(SERT)	23.80 ▲ 2.16 (9.98%)
Chenab Ltd (Pref) / Jun 20 Chenab Limited (Pref)(CLCPS)	3.34 ▲ 0.3 (9.87%)

Stock	Price
Dewan Mushtaq / Jun 20 Dewan Mushtaq Textile Mills Limited(DMTM)	8.88 ▼ -1.54 (-14.78%)
Mahanna Islamic Index / Jun 20 Mahanna Islamic Index Traded Fund(MIIETF)	12.91 ▼ -2.15 (-14.28%)
PIA Holding Co.B / Jun 20 PIA Holding Company Limited B(PIAHCLB)	11,153.80 ▼ -1239.3 (-10%)
Imperial Limited / Jun 20 Imperial Limited(IML)	14.21 ▼ -1.45 (-9.26%)
Pakistan Services / Jun 20 Pakistan Services Limited(PSEL)	900 ▼ -71.99 (-7.41%)
Orient Rental / Jun 20 Orient Rental Mod(ORM)	9.40 ▼ -0.7 (-6.93%)
Pakgen Power / Jun 20 Pakgen Power Limited(PKGP)	181 ▼ -11.29 (-5.87%)
Kohat Textile / Jun 20 Kohat Textile Mills Limited(KOHTM)	92.18 ▼ -4.82 (-4.97%)
Biafo Ind. / Jun 20 Biafo Industries Limited(BIFO)	163.55 ▼ -8.46 (-4.92%)
Sapphire Textile / Jun 20 Sapphire Textile Mills Limited(SAPT)	1,105 ▼ -45 (-3.91%)

Stock	Volume
Yousuf Weaving / Jun 20 Yousaf Weaving Mills Limited(YOUW)	832,746 ▲ 0.2
MACPAC Films / Jun 20 MACPAC Films Limited(MACFL)	713,026 ▲ 1.56
Pak Refinery / Jun 20 Pakistan Refinery Limited(PRL)	543,401 ▲ 0.2
WorldCall Telecom / Jun 20 Worldcall Telecom Limited(WTL)	533,325 ▲ 0.02
Invest Bank / Jun 20 Invest Capital Investment Bank Limited(ICIBL)	301,179 ▲ 0.35
Ist.Capital Sec / Jun 20 First Capital Securities Corporation(FCSC)	279,001 ▲ 0.13
Askari Life Assur. / Jun 20 Askari Life Assurance Company Limited(ALAC)	232,709 ▲ 1
PIA Holding Co.Ltd / Jun 20 PIA Holding Company Limited(PIAHCLA)	187,358 ▲ 0.5
Bunnys Limited / Jun 20 Bunnys Limited(BNL)	184,782 ▲ 2
Crescent Textile / Jun 20 The Crescent Textile Mills Limited(CRTM)	148,384 ▲ 0.54

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