Musharraf period:
2000-2007: … 2.95 percent real average per capita income growth per year
Well, if we start from 2002:
2002-2007: … 3.55 percent real average per capita income growth per year
For year:
2005-2006: … 4.45 percent real average per capita income growth for this year.
2006-2007: … 5.05 percent real average per capita income growth for this year.
(If Pakistan per capita real income grows at this rate (around 5 percent) continuously than it would take less than 50 years for Pakistan to be part of developed world).
Ref (for ‘Real’ per capita income data):
http://www.statpak.gov.pk/depts/fbs/statistics/national_accounts/table3.pdf
In all these “GDP”/per capita/income number crunching, where is trade deficit actually used? What does trade deficit do for a country’s economy (in long/short run)?