Pakistan at a glance 12/9/09

Lower-
POVERTY and SOCIAL South middle-
Development diamond*
Pakistan Asia income
2008
Population, mid-year (millions) 166.1 1,543 3,702
Life expectancy
GNI per capita (Atlas method, US$) 950 986 2,078
GNI (Atlas method, US$ billions) 157.3 1,522 7,692
Average annual growth, 2002-08
Population (%) 2.3 1.5 1.2
GNI Gross
Labor force (%) 4.1 2.2 1.6
per primary
Most recent estimate (latest year available, 2002-08) capita enrollment
Poverty (% of population below national poverty line) .. .. ..
Urban population (% of total population) 35 30 41
Life expectancy at birth (years) 67 65 68
Infant mortality (per 1,000 live births) 72 59 46
Child malnutrition (% of children under 5) .. 41 26 Access to improved water source
Access to an improved water source (% of population) 90 87 86
Literacy (% of population age 15+) 54 63 83
Gross primary enrollment (% of school-age population) 85 108 109 Pakistan
Male 93 111 112 Lower-middle-income group
Female 77 104 106

KEY ECONOMIC RATIOS and LONG-TERM TRENDS

1988 1998 2007 2008
Economic ratios*
GDP (US$ billions) 38.5 62.2 143.2 164.5
Gross capital formation/GDP 18.0 17.7 22.5 22.0
Trade
Exports of goods and services/GDP 13.6 16.5 14.2 12.8
Gross domestic savings/GDP 9.9 16.7 15.4 11.0
Gross national savings/GDP 21.5 21.3 24.6 20.0
Current account balance/GDP -3.0 -2.7 -4.8 -8.3
Domestic Capital
Interest payments/GDP 1.8 1.4 0.8 0.6
savings
Total debt/GDP 44.4 51.9 28.4 30.0
Total debt service/exports 25.3 19.8 9.3 9.3
Present value of debt/GDP .. .. 22.9 21.9
Present value of debt/exports .. .. 117.8 113.2
Indebtedness
1988-98 1998-08 2007 2008 2008-12
(average annual growth)
GDP 4.2 5.0 5.7 2.0 3.5 Pakistan
GDP per capita 1.7 2.6 3.4 -0.2 1.2 Lower-middle-income group
Exports of goods and services 5.2 9.3 2.3 -5.3 0.2

STRUCTURE of the ECONOMY

1988 1998 2007 2008 Growth of capital and GDP (%)
(% of GDP)
20
Agriculture 26.0 27.3 20.5 20.4 15
Industry 24.4 23.8 26.9 26.9 10
Manufacturing 16.8 15.8 19.0 19.7 5
Services 49.6 48.9 52.6 52.7 0
-5
03 04 05 06 07 08
Household final consumption expenditure 74.6 72.1 75.5 76.6 -10
General gov't final consumption expenditure 15.5 11.3 9.2 12.4 GCF GDP
Imports of goods and services 21.7 17.5 21.3 23.8

1988-98 1998-08 2007 2008

Growth of exports and imports (%)
(average annual growth)
50
Agriculture 4.5 3.1 4.1 1.1
40
Industry 4.7 6.6 8.8 1.7
30
Manufacturing 4.2 8.5 8.3 4.8 20
Services 4.7 5.7 7.0 6.6 10
0
Household final consumption expenditure 4.7 4.0 4.7 -1.3 -10
03 04 05 06 07 08
General gov't final consumption expenditure 1.2 8.0 -9.6 39.0
Gross capital formation 3.7 5.2 12.9 3.9 Exports Imports
Imports of goods and services 4.4 6.7 -3.5 3.6

Note: 2008 data are preliminary estimates.

This table was produced from the Development Economics LDB database.
* The diamonds show four key indicators in the country (in bold) compared with its income-group average. If data are missing, the diamond will
be incomplete.
 Pakistan
PRICES and GOVERNMENT FINANCE
1988 1998 2007 2008
Inflation (%)
Domestic prices
20
(% change)
Consumer prices .. 7.8 7.8 12.0 15

Implicit GDP deflator 9.6 7.5 7.7 16.3 10

Government finance 5

(% of GDP, includes current grants) 0

Current revenue 17.3 15.8 15.0 14.6 03 04 05 06 07 08
Current budget balance -2.5 -3.8 -0.9 -3.5 GDP deflator CPI
Overall surplus/deficit -8.5 -7.7 -4.4 -7.6

TRADE
1988 1998 2007 2008
Export and import levels (US$ mill.)
(US$ millions)
Total exports (fob) 4,362 8,433 17,278 20,427 40,000
Cotton 610 126 134 87
Rice 363 562 1,035 1,585 30,000
Manufactures 3,362 4,866 10,011 10,354
20,000
Total imports (cif) 6,919 10,301 26,989 35,472
Food .. 1,685 2,420 3,526 10,000
Fuel and energy 977 1,750 7,346 10,496
Capital goods .. .. 4,476 11,695 0

02 03 04 05 06 07 08
Export price index (2000=100) .. 105 135 139
Import price index (2000=100) .. 100 121 93 Exports Imports
Terms of trade (2000=100) .. 106 112 150

BALANCE of PAYMENTS
1988 1998 2007 2008
Current account balance to GDP (%)
(US$ millions)
Exports of goods and services 5,227 10,018 21,418 24,004 6
Imports of goods and services 8,337 12,819 35,299 45,306 3
Resource balance -3,110 -2,801 -13,881 -21,302
0
Net income -828 -2,330 -3,582 -3,909 -3 02 03 04 05 06 07 08
Net current transfers 2,776 3,430 10,585 11,476
-6
Current account balance -1,162 -1,701 -6,878 -13,735
-9
Financing items (net) 1,162 1,420 10,608 7,947 -12
Changes in net reserves 0 281 -3,730 5,788
Memo:
Reserves including gold (US$ millions) 1,326 1,552 15,022 9,385
Conversion rate (DEC, local/US$) 17.6 43.1 60.6 62.5

EXTERNAL DEBT and RESOURCE FLOWS

1988 1998 2007 2008
Composition of 2008 debt (US$ mill.)
(US$ millions)
Total debt outstanding and disbursed 17,065 32,261 40,737 49,337
IBRD 1,108 3,136 2,086 1,946 G: 1,395 A: 1,946
IDA 1,842 3,800 9,075 9,053 F: 7,043
B: 9,053
Total debt service 1,856 2,298 2,600 2,940
IBRD 151 379 398 386
IDA 31 73 197 226
Composition of net resource flows C: 4,352
Official grants 424 175 1,006 987
Official creditors 950 849 1,339 1,328 E: 14,490
Private creditors -154 369 481 652
Foreign direct investment (net inflows) 186 506 5,590 5,438
D: 11,058
Portfolio equity (net inflows) 6 -22 1,276 -270
World Bank program
Commitments 570 250 1,210 336
Disbursements 456 348 1,176 241 A - IBRD E - Bilateral
Principal repayments 80 244 418 446 B - IDA D - Other multilateral F - Private
C - IMF G - Short-term
Net flows 376 105 758 -205
Interest payments 102 209 177 166
Net transfers 274 -104 581 -371

Note: This table was produced from the Development Economics LDB database. 12/9/09