Pakistan & Gulf Economist

2023 – Year End Review (Fact Sheet)

S. Kamal Hayder Kazmi
Quarterly Growth Rates of Gross Domestic Product (GDP) at Constant Basic Prices (Seasonally Un-Adjusted-YOY) (%)
Sector/ Industry FY 2022-23 FY24
Q1 Q2 Q3 Q4 Q1
A. Agriculture Sector (1 to 4) 0.30 3.58 3.90 1.32 5.06
1. Crops (i+ii+iii) -7.37 4.69 3.18 -5.81 6.13
i. Important Crops -11.50 9.34 9.08 -8.52 11.16
ii. Other Crops -1.15 -0.36 -1.02 -1.19 0.11
iii. Cotton Ginning & miscellaneous -14.33 -23.77 -27.51 -25.79 5.08
2. Livestock 3.96 2.32 3.92 4.37 4.55
3. Forestry 13.37 15.82 15.41 12.36 7.07
4. Fishing 1.30 1.42 1.34 1.48 0.48
B. Industrial Sector (1 to 4) -1.63 0.39 -4.61 -8.79 2.48
1. Mining & Quarrying -17.73 -1.30 6.66 1.04 2.15
2. Manufacturing (i+ii+iii) 1.10 -1.94 -9.11 -10.01 3.36
i. Large Scale -1.35 -5.42 -14.38 -16.40 0.93
ii. Small Scale 8.59 8.86 9.26 9.79 10.44
iii. Slaughtering 6.12 6.19 6.45 6.87 7.46
3. Electricity, gas and water supply -0.66 26.27 22.47 3.82 0.08
4. Construction -3.63 -4.95 -5.79 -22.25 1.73
C. Services Sector (1 to 10) 2.11 1.55 -0.97 -2.25 0.82
1. Wholesale & Retail Trade 0.12 -1.35 -6.61 -7.67 3.05
2. Transport& Storage 3.04 3.75 4.76 1.55 1.70
3. Accommodation and Food Services Activities (Hotels & Restaurants) 3.98 4.02 4.16 4.39 4.70
4. Information and Communication -1.59 2.47 -3.55 -7.47 2.40
5. Finance & Insurance Activities 0.91 -1.75 -12.56 -18.21 -12.79
6. Real Estate Activities (Ownership of Dwellings) 3.55 3.56 3.67 3.86 4.16
7. Public Administration and Social Security (General Government) -5.53 -8.66 -10.44 -10.93 -16.65
8. Education 10.45 9.98 9.78 9.58 -0.14
9. Human Health and Social Work Activities 10.82 11.24 10.79 9.50 -1.12
10. Other Private Services 5.29 5.19 5.05 4.54 4.02
D. Total of GVA (A+B+C) 0.96 1.79 -0.60 -2.72 2.13

Agriculture Growth (Base=2015-16) (%)
Sector 2019-20 2020-21 2021-22(R) 2022-23(P)
Agriculture 3.91 3.52 4.27 1.55
1.Crops (i+ii+iii) 6.32 5.83 8.19 -2.49
i) Important Crops 5.24 5.82 5.41 -3.20
ii) Other Crops 9.21 7.95 11.93 0.23
iii) Cotton Ginning -4.06 -13.08 9.22 -23.01
2.Livestock 2.80 2.38 2.25 3.78
3.Forestry 3.36 3.35 4.07 3.93
4.Fishing 0.63 0.73 0.35 1.44

 

Federal And Provincial Health Expenditure (Rs million)
Fiscal Years Public Sector Expenditure (Federal + Provincial) Health Expenditure as % of GDP
Current Expenditure Development Expenditure Total Health Expenditures
2016-17 229,957 99,005 328,962 0.8
2017-18 329,033 87,434 416,467 1.1
2018-19 363,154 58,624 421,778 1.0
2019-20 427,915 77,496 505,411 1.1
2020-21 494,606 91,664 586,270 1.0
2021-22 (P) 712,289 207,129 919,418 1.4
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