ISLAMABAD – Pakistan has become a member of the Trillion Dollar Markets Club, according to officials.
Members of the Trillion Dollar Markets Club are countries whose economies, measured by GDP on a purchasing power parity basis in current dollars, have grown larger than one trillion dollars.
The collective purchasing power of consumers in these countries is estimated to be in excess of one trillion dollars. Based on October 2017 IMF/World Bank estimates, Pakistan’s economy is believed to have grown to $1.056 trillion.
According to Federal Secretary for Trade Younis Dhagga, Pakistan’s economy is only the 25th economy in the world to have achieved this key milestone.
It was the only country to do so in 2017.