Question

Calculate Pakistan's GDP. Assume that the values are all current and no conversions need to be made.

The government purchases: 3.30 trillions of rupees.

Individuals consume: 10.20 trillions of rupees.

Individuals save: 5.23 trillions of rupees.

Businesses invest: 1.30 trillions of rupees.

Foreigners spend: 0.63 trillions of Rupees to purchase Pakistani firms.

Pakistan imports: 1.92 trillions of rupees.

Pakistan exports: 1.29 trillions of rupees.

Answer 1

The GDP can be calculated with the expenditure method. In the expenditure method, we add the consumption, government expenditure and investment expenditure plus the net exports that is exports minus the imports.

Government expenditure

Consumption.

Investment expenditure.

Government expenditure. Exports.   Imports.

GDP

  . Trillion.