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Pakistan is one of the poorest and least developed countries in Asia. Pakistan has a growing semi-industrialized economy that relies on manufacturing, agriculture and remittances. Although since 2005 the GDP has been growing an average 5 percent a year, it is not enough to keep up with fast population growth. To make things even worst, political instability, widespread corruption and lack of law enforcement hamper private investment and foreign aid. This page provides - Pakistan GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Pakistan GDP Growth Rate - actual data, historical chart and calendar of releases - was last updated on January of 2018.. AGRICULTURE SECTOR MISFORTUNE: 2nd June – a day marked for when the federal ministry of finance formally presented the Pakistan Economic Survey 2015-16. The economic survey strengthened the nation’s preconceived notion of having passed yet another year in dismay. Three years of the ruling government marked with the fact that Pakistan’s economy continues to maintain its growth momentum but targets are repeatedly being missed. Pakistan’s economy during the Fiscal Year (FY) of 2016 recorded a growth of 4.71% which is the highest growth achieved since 2008- 09 but couldn’t achieve the targeted growth rate set at 5.5% INDUSTRIAL AND SERVICE FACTOR: The Industrial sector recorded the growth of 6.80% surpassing the targeted growth set at 6.4%. Whereas, services sector accelerated at the rate of 5.71% in this fiscal year as compared to 4.31% last year. The Services sector also met the planned target set at 5.7% emerging as the most significant driver of economic growth and contributing a major role in augmenting and sustaining economic growth in the country.