Statistics and Trends of Pakistan Economy

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Selected Economic Inidicators for Pakistan  

 

 

 

FY05

FY06

FY07

Growth rate (per cent)        
Large scale manufacturing Jul-Dec 22.7 8.7 9.8*
Exports (fob)   12.1 18.8 4.0
Imports (fob)   35.4 46.3 10.0
Tax revenue (CBR) Jul-Jan 15.0 21.7 25.1
CPI (12 month MA)   8.2 8.9 7.7
Private sector credit   25.3 18.1 10.7
Money supply (M2)   10.9 8.7 7.7
Million US Dollar        
Total liquid reserves 1 End-Feb 12.7 11.5 13.4
Home remittances   2.6 2.8 3.4
Foreign investment Jul-Jan 1.2 1.6 3.5
Per cent of GDP 2        
Fiscal deficit   1.2 1.8 1.9
Trade deficit   2.7 5.8 6.1
Current a/c deficit   0.8 2.6 3.3
* Sept 2006 data point. More recent data is not availabale.
1. With SBP & Commercial Banks.
2. Based on full-year GDP in the denominator.

Source: State Bank of Pakistan

 

Major Economic Indicators for Pakistan

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  Provisional
FY06
Original
Targets
SBP
Projection
Growth rates (%)      
GDP 6.6 7.0 6.6-7.2
Inflation 7.9 6.5 6.7-7.5
Monetary assets (M2) 15.2 13.5 13.5-14.5
Billion US Dollars      
Exports (fob-Bop data) 16.6 19.8 17.9
Imports (fob-Bop data) 25.0 27.4 27.2
Exports (fob-Bop data) 16.5 18.6 17.2
Imports (cif-Customs data) 28.6 28.0 30.7
Workers' remittances 4.6 4.5 5.3-5.5
Per cent of GDP      
Budgetary deficit 4.2 4.2 4.2
Current account deficit 3.9 4.3 4.5

Source: State Bank of Pakistan

 

Growth Rates in Pakistan

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  GDP Agriculture Manufacturing Services
1950s 3.1 1.6    
1960s 6.8 5.1 9.9 6.7
1970s 4.8 2.4 5.5 6.3
1980s 6.5 5.4 8.2 6.7
1990s 4.6 4.4 5.8 4.6
1999-2000 3.9 6.1 1.5 4.8
2000-01 2 -2.2 9.3 3.1
2001-02 3.1 0.1 4.5 4.8
2002-03 4.7 4.3 6.9 5.2
2003-04 7.5 2.3 14 5.9
2004-05 8.6 6.7 12.6 8
2005-06 6.6 2.5 8.6 8.8
1999-2006avg 5.2 2.8 8.2 5.8

Source: Government of Pakistan, Pakistan economic survey 2005-06, Islamabad, 2006
 

Agriculture Growth (Percent)

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Year

Agriculture

Major crops

Minor crops

2000-01 -2.2 -9.9 -3.2
2001-02 -0.1 -2.5 -3.7
2002-03 4.1 6.9 0.4
2003-04 2.3        1.9        4
2004-05 6.7      17.8      3
2005-06 (p)      2.5 -3.6 1.6

 

P= Provisional.

Source: Federal Bureau of Statistics

 

 

Poverty indicators 2001 and 2004-05

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  Head Count Poverty Gap Severity of Poverty
 

2001

2005 2001 2005 2001 2005
Pakistan

34.46

23.90 7.03 4.76 2.13 1.48
Urban 22.69 14.90 4.55 2.87 1.35 0.84
Rural 39.26 28.10 8.04 5.64 2.44 1.77
Poverty line (Rs) 7.23 878.64        

 

Source: CRPRID / Planning commission        Pakistan Economic Survey 2006

 

 

Comparative Poverty Profile 2001 and 2004-05

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                             Percentage of Population

 

  2001 2004-05
Extremely Poor 1.1 1
Ultra Poor 10.8 6.5
Poor  22.5 16.4
Vulnerable 22.5 20.5
Quasi Non-Poor  30.1 35
 Non-Poor 13 20.5

 

Source: CRPRID / Planning Commission           Pakistan Economic Survey 2006

   

   

Pakistan’s Major Exports

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                                                                          (Percentage share)
 

Commodity

00-01 01-02 02-03 03-04 04-05 05-06*
Cotton
Manufacturers
58.9  59.4 63.3 62.3 57.4 58.4
Leather 7.5 6.8 6.2 5.4 5.8 6.1
Rice 5.7 4.9 5.0 5.2 6.5 6.9
Synthetic textiles     5.9 4.5 5.1 3.8 2.1 1.2
Sports Goods 2.9 3.3 3.0 2.6 2.1 1.9
Sub-Total 80.9                  78.9 82.6 79.3 73.9 74.5
Others     19.1 21.1 17.4 20.7 26.1 25.5
Total 100 100 100 100 100 100

 

* July-March (Provisional)

Source: Ministry of Commerce & FBS

 

 

Pakistan’s Major Imports

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                                                                   Percentage share

 

Commodities 00-01 01-02 02-03 03-04 04-05 05-06*
Machinery** 19.3 17.1 18.5 17.8 22.5 18.0
Petroleum & Products 31.3 27.1 25.1 20.3 19.4 22.3
Chemicals @ 20.0 15.9 15.1 16.1 15.5 13.4
Transport Equipment 4.0 4.8 5.6 5.6 6.2 7.7
Edible oil 3.1 3.8 4.8 4.2 3.7 2.7
Iron & Steel 2.6 3.3 3.3 3.3 4.3 5.1
Fertilizers 1.6 1.7 2.1 1.8 2.0 2.4
Tea 1.9 1.5 1.4 1.2 1.1 0.9
Sub-Total 83.8 75.2 75.9 70.3 74.7 72.5
Others 16.2 24.8 24.1 29.7 25.3 27.5
Total 100.0 100.0 100.0 100.0 100.0 100.0

 

* July-March (Provisional)

** Excluding Transport Equipment. @ Excluding Fertilizers

 

Source: Ministry of Commerce & FBS

 

 

Inflation Rate (CPI)

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Item 2003-04 2004-05 July-April

2004-05

2005-06

CPI (General) 4.6 9.3 9.3 8
Food Group 6 12.5 12.8 7
Non –Food Group 3.6 7.1 6.9 8.8
Core inflation 3.7 7 7 7.7

 

Source: State Bank of Pakistan

 

 Literacy Rates (10years and above) for Pakistan and provinces 2004-05 (%)

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Province /Area Total Male Female
Pakistan 53 65 40
Punjab 55 65 44
Sindh 56 68 41
NWFP 45 64 26
Balochistan 37 52 19

 

Source: PSLM 2004-05

 

 

Public expenditures (% of GDP)

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  Health Education
Pakistan 0.7 2.0
Bangladesh 1.1 2.2
India 1.2 3.3
Nepal 1.5 3.4

 

Source: Human Development Report 2006 UNDP
 

 

Research and Development (R&D) expenditures (% of GDP)

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Pakistan 0.2%
India 0.8%
Uganda 0.8%

Source: Human Development Report 2006 UNDP
 

Researchers in R&D (per one million people)

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Pakistan 86
India 119
Turkey 341
Mongolia 681
Japan 5,237
Iceland 6,807

Source: Human Development Report 2006 UNDP
 

High-Technology experts (% of manufactured exports)

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Pakistan 1%
India 5%
Philippines 64%

Source: Human Development Report 2006 UNDP
 

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