IMF declared Pakistan as worst country in terms of GDP and financial income
Pakistan ranks in last 10 out of 190 countries in terms of financial income to GDP ratio. According to ratio of financial income to GDP, Pakistan is ranked 180 in list of 190.
The International Monetary Fund (IMF) ranked Pakistan 180th out of 190 countries in terms of fiscal revenue to GDP ratio.
Pakistan ranks in the last 10 out of 190 countries in terms of financial income to GDP ratio. According to the ratio of financial income to GDP, Pakistan is ranked 180 in the list of 190.
The South Asian country is facing economic problems due to dwindling foreign exchange reserves while the ratio of financial income to GDP is 12.1 percent.
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Among other countries in the region, Bangladesh ranks 183rd with a ratio of 9.6 percent, while Sri Lanka’s financial income-to-GDP ratio is 8.8 percent and Iran’s is 8.3 percent.
In the list prepared by the IMF for the ratio of financial income to GDP, Libya 68.2%, Norway 63.7%, Kuwait 54.9%, France 53.3% and Finland 51.9% are among the top 10 countries in the list.
Somalia was at the bottom of the list at 190 with 7%. Other countries in the region are Bangladesh with a rate of 9.6 percent and is ranked 183.
Financially bankrupt Sri Lanka has a financial income to GDP ratio of 8.8 percent and is ranked 186, while Iran’s ratio is 8.3 percent.