Economy Of Pakistan
&
Economics Issues Of Pakistan
Presented by:
SYED ALI GOHAR SHAH
Presented To:
SIR ATTA HUSSAIN SHAH
 Economy:
• An economy is an area of the Production,
distribution, or trade and consumption of goods
and services by different agents.
Why is Economy Important?
• The economy is an indicator of development and
sustainability.
• A good economy ensures better chances of
survival and development or a state.
• If we understand the cycles and system in
Economics, we can better understand how to
manage our money and society!
 Economy of Pakistan:
• The economy of Pakistan is the 23rd largest in
the world in terms of purchasing power
parity (PPP), and 38th largest in terms of
nominal gross domestic product. Pakistan has a
population of over 207 million (the world's 5th-
largest).
 Economy of Pakistan:
• Pakistan's undocumented economy is estimated
to be 36% of its overall economy, which is not
taken into consideration when calculating per
capita income
• The economy is semi-industrialized, Primary
export commodities include textiles, leather
goods, sports goods, chemicals, carpets/rugs and
medical instruments.
 Economy of Pakistan:
• Pakistan is currently undergoing a process
of economic liberalization, including privatization
of all government corporations, aimed to
attract foreign investment and decrease budget
deficit.
 Gross Domestic Product:
Statistics
GDP $309.68 Billion (Nominal,2018) $1.141 Trillion
(PPP, 2018).
GDP rank 23rd (PPP) (2018-19)
42nd (nominal) (2017)
GDP growth 4.8% (FY2018)
GDP per capita $1,641 (nominal, 2018)
GDP by sector •Agriculture: 18.86%
•Industry: 20.91%
•Services: 60.23% (2018 est.)
 Inflation:
• In 2018, the average inflation rate in Pakistan
amounted to about 3.93 percent compared to the
previous year. (7.48)
• Inflation rate in Pakistan is expected to be 7.10
percent by the end of this quarter, according to
trading Economics global macro models and
analysts expectations.
 Inflation Rate:
Inflation Rate Compared to Previous Year
2017 4.15%
2018 3.93%
2019 7.48%
2020 6.47%
 Imports:
Imports of Pakistan (FY 2018)
Food ($5502.0) million
Machinery ($8785.3) million
Transport ($3206.5) million
Textile ($4091.1) million
Agricultures & other Chemical ($8314.8) million
Metal ($4785.0) million
Miscellaneous ($1255.6) million
All Other Imports ($5321.6) million
Total Imports $56.002 billion (FY 2018)
 Imports:
Main Import Partners
China 20.%
United Arab Emirates (UAE) 15.9%
Indonesia 8.0%
Saudi Arabia 5.5%
United State 3.7%
Japan 3.4%
India 3.3%
 Exports:
Exports of Pakistan (FY 2018)
Textile ($13,366.0) million
Food ($4,811.2) million
Petroleum ($574.5) million
Other Manufacture ($4,131.9) million
All Other ($1,391.3) million
Total Exports ($24.824) million
 Exports:
Main Export Partners
United State 15.6%
United Kingdom 7.1%
China 7.0%
Afghanistan 6%
United Arab Emirates (UAE) 5.6%
Germany 5.5%
Bangladesh 2.9%
 Sectors of Economy:
 Agricultures:
• Pakistan is one of the world’s largest producers
and suppliers of food and crops according to the
different sources.
Rank
Chickpea 3rd Mango 4th
Apricot 6th Wheat 7th
Cotton 4th Rice 11th
Milk 4th
Date Palm 5th
Sugarcane 5th
Onion 7th
 Cont:
• It contributes about 18.9% percent of GDP
account.
•In Pakistan, most agriculture provinces is Punjab
where wheat and cotton are the most grown.
•Mango orchards are mostly found in Sindh and
Punjab provinces that make Pakistan the world’s
4th largest producer of mangos.
 Cont:
• Pakistan ranks eighth worldwide in farm output,
according to the list of countries by GDP sector
composition.
•Pakistan’s largest food crop is wheat.
 Industry:
• The term Industry covers all the businesses and
factories that converts raw material into finished
products.
• Major Industries in Pakistan.
Textile
IT
Industry
Mining Telecom
Sports Sugar Fertilize Cement
 Cont:
• The Textile Industry in Pakistan is the largest
manufacturing industry in Pakistan.
• Pakistan’s industrial sector accounts for about
20.9% of GDP.
• Pakistan is the 8th largest exporter of textile
commodities in Asia.
• Textile sector contributes 8.5% to the GDP of
Pakistan.
 Services:
• Pakistan's Service Sector accounts for about
60.2% of GDP.
• Transport, storage, communications, finance,
and insurance account for 24% of this sector, and
wholesale and retail trade about 30%.
 Economics Issue of Pakistan
• We consume more and save less
• Poor use of natural recourses
• Inflation
• Balance of Payments’ Deficit.
• Poverty
• Corruption
• Terrorism
Thank You For Your Attention.

Economy of Pakistan & its Issues

  • 2.
    Economy Of Pakistan & EconomicsIssues Of Pakistan Presented by: SYED ALI GOHAR SHAH Presented To: SIR ATTA HUSSAIN SHAH
  • 3.
     Economy: • Aneconomy is an area of the Production, distribution, or trade and consumption of goods and services by different agents.
  • 4.
    Why is EconomyImportant? • The economy is an indicator of development and sustainability. • A good economy ensures better chances of survival and development or a state. • If we understand the cycles and system in Economics, we can better understand how to manage our money and society!
  • 5.
     Economy ofPakistan: • The economy of Pakistan is the 23rd largest in the world in terms of purchasing power parity (PPP), and 38th largest in terms of nominal gross domestic product. Pakistan has a population of over 207 million (the world's 5th- largest).
  • 6.
     Economy ofPakistan: • Pakistan's undocumented economy is estimated to be 36% of its overall economy, which is not taken into consideration when calculating per capita income • The economy is semi-industrialized, Primary export commodities include textiles, leather goods, sports goods, chemicals, carpets/rugs and medical instruments.
  • 7.
     Economy ofPakistan: • Pakistan is currently undergoing a process of economic liberalization, including privatization of all government corporations, aimed to attract foreign investment and decrease budget deficit.
  • 8.
     Gross DomesticProduct: Statistics GDP $309.68 Billion (Nominal,2018) $1.141 Trillion (PPP, 2018). GDP rank 23rd (PPP) (2018-19) 42nd (nominal) (2017) GDP growth 4.8% (FY2018) GDP per capita $1,641 (nominal, 2018) GDP by sector •Agriculture: 18.86% •Industry: 20.91% •Services: 60.23% (2018 est.)
  • 9.
     Inflation: • In2018, the average inflation rate in Pakistan amounted to about 3.93 percent compared to the previous year. (7.48) • Inflation rate in Pakistan is expected to be 7.10 percent by the end of this quarter, according to trading Economics global macro models and analysts expectations.
  • 10.
     Inflation Rate: InflationRate Compared to Previous Year 2017 4.15% 2018 3.93% 2019 7.48% 2020 6.47%
  • 11.
     Imports: Imports ofPakistan (FY 2018) Food ($5502.0) million Machinery ($8785.3) million Transport ($3206.5) million Textile ($4091.1) million Agricultures & other Chemical ($8314.8) million Metal ($4785.0) million Miscellaneous ($1255.6) million All Other Imports ($5321.6) million Total Imports $56.002 billion (FY 2018)
  • 12.
     Imports: Main ImportPartners China 20.% United Arab Emirates (UAE) 15.9% Indonesia 8.0% Saudi Arabia 5.5% United State 3.7% Japan 3.4% India 3.3%
  • 13.
     Exports: Exports ofPakistan (FY 2018) Textile ($13,366.0) million Food ($4,811.2) million Petroleum ($574.5) million Other Manufacture ($4,131.9) million All Other ($1,391.3) million Total Exports ($24.824) million
  • 14.
     Exports: Main ExportPartners United State 15.6% United Kingdom 7.1% China 7.0% Afghanistan 6% United Arab Emirates (UAE) 5.6% Germany 5.5% Bangladesh 2.9%
  • 15.
  • 16.
     Agricultures: • Pakistanis one of the world’s largest producers and suppliers of food and crops according to the different sources. Rank Chickpea 3rd Mango 4th Apricot 6th Wheat 7th Cotton 4th Rice 11th Milk 4th Date Palm 5th Sugarcane 5th Onion 7th
  • 17.
     Cont: • Itcontributes about 18.9% percent of GDP account. •In Pakistan, most agriculture provinces is Punjab where wheat and cotton are the most grown. •Mango orchards are mostly found in Sindh and Punjab provinces that make Pakistan the world’s 4th largest producer of mangos.
  • 18.
     Cont: • Pakistanranks eighth worldwide in farm output, according to the list of countries by GDP sector composition. •Pakistan’s largest food crop is wheat.
  • 19.
     Industry: • Theterm Industry covers all the businesses and factories that converts raw material into finished products. • Major Industries in Pakistan. Textile IT Industry Mining Telecom Sports Sugar Fertilize Cement
  • 20.
     Cont: • TheTextile Industry in Pakistan is the largest manufacturing industry in Pakistan. • Pakistan’s industrial sector accounts for about 20.9% of GDP. • Pakistan is the 8th largest exporter of textile commodities in Asia. • Textile sector contributes 8.5% to the GDP of Pakistan.
  • 21.
     Services: • Pakistan'sService Sector accounts for about 60.2% of GDP. • Transport, storage, communications, finance, and insurance account for 24% of this sector, and wholesale and retail trade about 30%.
  • 22.
     Economics Issueof Pakistan • We consume more and save less • Poor use of natural recourses • Inflation • Balance of Payments’ Deficit. • Poverty • Corruption • Terrorism
  • 23.
    Thank You ForYour Attention.