3 A: NATIONAL ACCOUNTS ational Accounts is an .organized \ and systematic layout of accounts and tables which covers the whole scenario of economic activities. Data on Gross Domestic Products (GDP) or any composite sector thereof, over time indicates the growth pattern. Time series of GDP show that the volume of output has increased by ten folds in the last (almost) half a century. GDP(FC) in the year 1949-50 was estimated at 87973 million rupees which increased to 575999 million rupees in the year 1996-97. Per Capita Income in the year 1949-50 was Rs. 1638 which is now estimated as Rs. 4263 in the year 1996-97. Composition of GDP has also undergone certain changes at varying pace. Agriculture sector has always been a dominating segment of the economy. Its share is considerable even today but it has slided down over time. Share of agriculture was 53% in 1949-50, 46% in 1959-60, 408 in 1969-70, 32% in 1979-90, 26% in 1989-90 and 24.5% in 1996-97. This is an indication of the structural changes in the economy. Cropped area in 1959-60 was estimated at 14.89 million hectares which is estimated to be 22.14 million hectares in the year 1996-97. Indéx of agricultural Production with base year of 1959-60 Shows that the production of all crops increased from 100 pointe in the base year to 15a points in the year 1996-97. Likewise, Pood crops index increased to 145, ‘Fibber crops to 224 and other crops to 128 points in the same period. on the input side, © water availability was 63.87 MAF in 1965-66 which’, was estimated to be 134 MAF in 1995-97. Fertilizer — off-take measured in ‘000 N.T’ increased from 19 to 1899 between 1958-60 and 1996- 97. 12 National accounts data give another indication that the share of industrial sector has also been changing over time. Its Overall share in GDP (at constant FC). has been increasing. During the same span of time, as in the case of agriculture above, the respective shares of industrial sector are at in 1949-50, 13% in 1959-60, 19% in 1969-70, 22% in 1979-80, 26% in 1989-50 and 26.6% in 1996-97 Industrial sector includes mining & quarrying, large and small scale manufacturing, construction and electricity « gas distribution. Another important feature of transformation between the sectoral composition is that the structure of the economy, built on commodity producing and services sectors, has also undergone changes over time depicting various developments. Share of commodity producing sactors in the year 1949-50 was 61% which is now estimated at Sit in the year 1996-97. Likewise the share of competing services sectors during the same period has progressed upward starting from 39% (1949-50) to 49% in the recent year of 1996-97. It is observed that over all growth, rate of the economic activity has been fluctuating. It was, on the average 6.77 in 1960's, 4.84% in 1970's and 6.45t in 1980's Eypectedly, it will be around st in the 1990's. Net factor income has been decreasing in the last few years due to less job opportunities in the foreign lands where there was earlier high demand for the Pakistani manpower. This series of historical data is very educative and guides toward drawing conclusions for further corrective thinking and formulation of right action plans. For details, see tables 3.1 to 3.7.\ aS Se TST a Sommoaty Agri: Manufac- Producing Services ‘Total “Fixed =» Public. Private Year GOP culture turing. Sector Sector investment Investment _Investmont Investment Seen) SNe 2 6, ke A en 495152 1.80 9.08, qT 578 482 4952630172018 997 1821.58 195054 © 10221523 13.04 1460 363 495655 2022211239 027 4s7 196556 63532091007 3s2 290 1956-57 298227 5.44 3i2 278 4957-50254 1.92 373 278242 4958-58 5.47 4.00 4.18 465679 1959-80 © 088029 256 oss 123 96081 489 021 12.88 4380 «6701468 49062601819 13.80 7134261506 3962430719 521 11.20 739° 6882732 s963se 648251 11.36 6276832820 496455 9385.25 9.95 7231284 23.9 139 © 10281288 196586 755 (0.45 8.59 305 14.45 “807 319-2250 662 196667 3.08 5.48 5.66 479 © 074 10.95 595 23.01, 464 soe7sa 379 11.73, 637 928 3.09 6.01 21 19 522 qosnss 5494.52 883 706 562 187 208 027-498 196070 © «9709851123, 1150 7.02 19934443, 18.12 4970-71 1.23, 3.07 ea 041 288 4st 307 141.96 1.08 4971072232347 1.25 154 3.55 2.90 329 863 oa 197273 «680.187 a7 495 og 12.82 1223, 068 5.08 to737@ 7454.18 6.35 5878783433, Beez 75.16 3.08, 497875 388 03 “045 1008 = 55.85 8852767056. 197576325 139 46501454983, 4040 57.45 24.50 197677 (2.4 1.81 270 © 3032043 160311071999 sere. 773 282 10.21 5631081 9.25 9st 15481898, s7e79553 3.10 801 507 Bit 1138 93) 793 11.94 ss79g0. 7336.61 10.26 a48 581 24.08 24.1 7088 ©3290 198081 540.385 1083, 625658 9.83 amr 122 1308 seesz 758-472 13.75 1509 7.90 19.82 1443197 797 4902830678 4.40 7.03 464 924 953 1344 11981469 tessa 397 -4.82 789 033781 12.04 1207 7971742, e486 © 871 10.02 8.09 945 B21 1281 125941351407 190585 © «6.36 5.95 755 6s B77 11.58 12.35 13071149, 1966751 3.25, 753 576 5861846, 1427 17031089, 9788 bag 2.73 9.08 612 677107 11.22 6831873 Cr 386 577381 19.85 1983 1598 23,94 95990 4583.03, 572 46900 aaa 11.38 11.19 363 19.33 josost 557 4.98, 5.25 soi 521 19.35 1997 2085.19.15, qeorez 771950 Bas est 676 26.18 2688 = 2321-30381 49293 227-529 535 ooo 463 13.80 13880 1446.13.37 40301 4545.23, 5.48 487 420 10.01 947 705 1187 seeees 524.57 360 5e8 4000 13.42 1331 18.85 351 99598 4.19580 480 560 «4761868 1598 13024875 490897 130 0.08, 1.19 054 210 3758 3.03 “528. 1058 i 5.40 5.90 686 6034771383 651 9713.85, Sowes : Federal Bur 13,Table 3.2 NATIONAL INCOME ACCOUNTS AT CONSTANT PRICES OF 1960-81 (Expenditure Approach) Par aaah cap Net ia Factor ene Income Total Total Expon Import (Wp) GNP From GDP. indirect Sums: GDP Consuim- nvest> «off Year ___Re._iMo)_Abroad__(p)_ Taxes (€2)__ption _mont_GANFS_GaNFS, Sesso 1760 79262-1865 —794a7 1039 Tea 72829 16634 9416 18031 1960:81 1790 3008-202 0001244, 82088 76991 19009614 21314 496462 164887630218 SONS 1408 «StS 77437 21856 940920744 49bzss 1920 93680307 © 842671501 «wt «9273777413 —«27856 12688 23588 s9b244 1904 100042274 100616 «1759459021481 30858 13473 24006 ‘sebees 2117 108583 492110075 2010-194 08259 g7496 © at189 13488 32031 48588 2199117112 379117491 2105812115817 S601 34265 1405H 2540 Aoe-eT 2227121765 «387 1221532504 © 182119801 tose © 3419516869 31818 186783 2507 130033 4851302182280 $68 120087 111921 30088 1877220019 oosds 2985 138547238 15051 2781172135972 120687 2856118809 29576, 46070 2541 151690 1881674 3507176144043 120921 35904 EST 3322 497074 2485 152804 58D. 155384 3625 141149900 126014 3514027173. 34043 49772 2695 70721572, 17014917991 80053018 142531 33008. 50st 28838, 187273 2770162537 145981078 19543 1527 2262 148590 33281 20009 eG8E 19774 — 2812 180042 ©1483 8045921813 7065 TTA7I2 181928 35229 27004 3470 497475 2805 1960932080 19431321081 7172 180404 173828 37187 2204039612 4976-76 2005 200608 5731200875 22090 4024 186479 177004 44033 24439 4502 ere77 2991 222290 10439211051 22808 © 2754 191717 186116 49811 21007 45083 4077-78 3272 260552 21553 228009 26565 4212 200740 20540 49494 2068250417 4ore.7s 3353 eaese 28715 230049 © 30563 872 218258 29254 40967 24630 63282 487900 3513 205817 25409 26008 34208 7245239045 240085 50500 31218 66373 4980.81 3589 00888 22502 276105 355625197 247001 250411 52007 95707 62129 ‘aests2 3593 319265 72882 206083 48735161 266571 264083 5066533570 61605 490283 9021 40472 23000 31647338487 GBA 284807 279031 63428 41819 68703 ‘1983-84 3063 36413331590 35250343038 6512295977 200441 86459 4027573672 4904-65 4081 305561 20014 957747 4310 7102321751 324640 73218 40130 02a soases 4105 40a7i1 31282 377429 42501 7296342224 326020 76379 59296 78268, obser 4254 426357 25575 01782 44800 5128 362110 342164 7957559068 79605 eerss 4330 449518 17100 aszet9 saa0s 6403 sesets 72863 TASS! 7112. 7107 ‘Aebega 4280 4587099 14039 43006 57259 7951 409040 3e7904 84447 | ABTS. 83524, 4451 40126517163 a7a101 se959 6741420484 400201 8870185710 S060 4477 00417 8457499060 58545 5390 446005 397020 8987987700 74639 4638 - 544080 4949520131 63722 S004 480413 436052 100218 9821 $7600 4578 559188 3734 54OKSS 6715S 4025 49925 455089 105088 101136 112157 4590 572178 1319570052 O48 5234 519595 462900 104209 104782. 100058 4719 6o4tt7 4031 Go008s © 1584 2026 swos28 494298 t08641 101075 104028 4754 926921 1886 62BI77 634313847 558503 52HBSG 114487 109008 118169 4560__ 21831 1006 625004 _S3i10 3169 _575900 38600 10052096297 116499 14 Prior to 1955-60, aggregate ‘Source: Federal Bureau of Slallstics figures of GDP/GNP were estimated on Industral origin basis & were not based on expanditure approach(Expenditure Approach) Ui Table 3.3 NATIONAL INCOME ACCOUNTS AT CURRENT FACTOR COST Renin Per Por Net exp imp- Cap: Capi- Factor Total ort ort taGNP One GNP Income Foal ave of ot (itp) $= (Mp) GNP From «GDP Indirect Subs GDP Consum sims. GB Gk ear Rs. Ra & (Mp) Abroad (Mp) ‘Taxes dies (Fo) pllonont_—NFS_N Fooneo 405 476 05 10257 -23—-18260 «1030 +=«-11~=«7252~«16702«887 «12812350 1960-61 434 476 91 20032 25 o0se 293801875 18541 OMT 1219-2748 496152 440 4.70 92 20019 27200481438 «5219560 19019 ©3508 1375 2054 4962-83 4594.76 95 22406 «492245516922 08BS 10875 aasd 1803 3487 1963-84) S00 476 105 25157-95512 1800 «4920951 21369 5727 1914 3818 196405 sie 476 114 20669 © 55 2OT24 225021720681 24471 705619024795 496586 595 476 125 31690 5031740 2520 245 DOMES © 25095 GAS ISB 3B 1966-67 659476198 36128 «4836174 3154750. 30250 311127417 2460 4815 $pe7-58 692 475 145 38085 233008 25712170254 33824 Ore 20024 4966-99 723. 476 152 41045 3041975 3505 222 38611 35621 68S 2862465, 1969-70 009 476 170 48298 «= 348205 4505 «252 «43801 41307 8283 3637 4042 49707 8M 475 175 51273 8251355 497B 19346570 48077 | BB79 3922 8009 49-72 074 470 104 55907 995208 SHIT 228 50579 4704S 427 3829 A727 497273 1013 7.99 142 68716 463«6826D. «G50 5222175 SSB 9509 0061 858 4970-74 1319 9.91 133 80502 © «G17_—«BNTS SHS 3074 2503 70385 12772 11960 15202 497475 1618 9.91 163 113201 1147112054 11560 3634 104428 102041 20035 12984 29016, 187576 1952 9.91 190 194322 2002 191300 13542 OTe 120702 10847 26456 19881 20054 $976.77 2108 9.91 213 156522 S480 151042 15650 T984 137278 132058 31734 13001 26741 4A77-7a 2481 9.91 250 190043 12199 17904 19504 3110 161410 159728 34647 16629 2600 4978-79 2073 9.91 270 211004 14533 196471 24058 6967 179400 179117 38354 21629 42529, s97o.ap 3115. 9.91 914. 253452 1824 296168 0333 6407 211242 212504 47637 20485 54578 4980-81 3539 9.91 262 300888 22602 278105 35562, S197 247831 252411 52207 35707 62129, 4961-82 4049 9.91 408 349800 25949 324159 a7A40 5494 292169 297180 62447 33093 CBSOT 1962-651 4551. 12.71 356 409762 30805 364007 43407 7512 328412 99548 GO4E2 44905 82018 4902.84 5000 1248 371 450057 30505 419602 59557 B104 374349 387488 76701 47635 62222 A9R485 5389 15.15 355 510868 36511. 472157 55995 $903 425064 442472 6525 49050 106729 1906-85) S052 10.4 353 55081 41959 514532 58205 862 406919 458104 SO545 63260 100475 490687 6041S 17.18 352 608057 36978 572479 G4422 737A SISKS1 493186 109540 70056 100273, 4957-86, 6765 17.60 385 704484 20005 675380 BAADK 10130 601025 591319 121666 93601 131197 ege-89 7453 19.22 308 797750 20005709745 99961 12754 983138 672480 145570 108318. 160541 ‘4959-80) 8090 21.45 977 92043 26000 855043 108641 12540 750854 740577 162076 128683. 173203 se081 9180 22.42 400 1044508 23008 TO20600 129437 11211 908974 843029. 199446 172812. 186581 19@1-82 10433. 24.84 420 1273022 12587 1217385 144015 11373, 1077943 1005821. 244060, 209218 247611 199289 11180 25.90 491 1951569 9950 1941629 151900 9600 1200120 1145659 277744 217372 200146 {902.84 12572 30.16 420 157708 3088 1573007 169005 9058 1412858 191078 305477 254187 297305 $904-05 14912 30.85 480 1906116 14043. 1062071 2o0S44 6509 1688125 1586182 345508 311795 se26I4 1995-99 16303, 33.57 488 2150462 7138 2105908 227858, 13620 2105598 1958090 409417 358975 454200 {995-97 17504 20.09 4522386506 -191277_ 2404633- 215696 12651 2404655 2100046. 419549 390290 505152 Note: Calculations are made by sping method ‘conversion is based on yearly average rates 16able 3.4a NATIONAL ACCOUNTS BY INDUSTRIAL ORIGIN (at Constant Factor Gost of 1980-81) ll “Fs tion) Sector soso 6051 61.62 6253 53-64 9455 5566 66.67 Agriculture soass 31260 2867226710 30008 2088 284 30406 Major Crops ass 14767 1211911754 taro 1449914757 5284 Minor Crops sor sz aor s2u0 Gist sazt sae sa77 Livestock 9995 10261 10492 t0743 40094 t1241 11492 17a Fishing 7 733g? 757 787808 Foresiy i a a Induetiat Sector 4855 504s S31 6125. 6607587 gt47 4 ‘Mining 8 Quatrying foo 13815315587 te? 185s Manufacturing s7o7 401843294760 5378042 weed 7010 Large-écale toss 3121588127247 307836153007 Smaliscato 25442705 zr 2833209286 30343104 ‘Construction 754 798 t041tH08 193213611420 Electricity & Gas Dist L815 ze tas tt Services Sector 72034 20804 24842 2501 25417-27790 28584 20498 ‘Transport, St. & Comm sero 41442274850 4aat 52155354, 884 Wholesale & Ret. Trage 600s 74217458 78077000 wa1G asta Finance & insurance 25578 08am Onmership of Oweltings + 4345 4460) de08 4718 aot 490651235288 Public Admin. & Defence zee 209234733519 259 ge) 44g 3053 Social, 4 P services 4a10 4554770959 5158 S368 5578800 ‘Grose Domestic Product (FC) "S797. 80188 © sa145 GON 66283 G7383 OTIS 71760 Indic Taxes Subsicios Gross Domestic Product (MP) S773 oreo 59145 60243 65285 G7IES 80795. 71786 Not Factor Income from Abroad M50 445894052 tw 7 {Gross National Product (FC) 57928 6004359057 60139 68060 e735 G8573 71829 Gross National Product (MHP) 57828 60043 §9057 60139 6506667351 69573 71629 Population (in mitton) | 3531 3618 9707 3798 3091 3967 40.88 ana ‘Per Capita Income (RS. FC) 1638 165015031583 160816001703 aTit ‘Bes Capita Income (Rs. MB) sese__tos0_ 158315831608 16801709 7it Note: Catculalions are mace by splicing method Contd 16Table 3.4a NATIONAL ACCOUNTS BY INDUSTRIAL ORIGIN (At Constant Factor Cost of 1980-81) 5 (Re Mitony Sector 4957-58 58-50 59-60 606161626269. 6485 AAgtculture 34190 35474 35770 35530 37782 3053541184 43200 Major Crops 1546916461 16255 1606017625 19241 tasat 20468 Minor Crops 54755519 553153825885 «5519-6993. Livestock 11994 2240 12491 ta7t1t2945 319113420. t3742 Fishing 916 ous 251 118012331355 14971603 Forestry Fs a a a a Industrial Sector 9338 9979 1013211993 13108 1477316988 «18804 ining & Quarrying m0 238 sD a 20.8870 manutacturing 7221578788765 9930 1104012921818 Large-scale soo 4329 aaa 53804137422 85708882 ‘Small-scale 3173, 324732073517 36183722880, Construction te2r 1995 ten 2579512850 ret a857 Electricity & Gas Dist. 20 203k HSS 24888 ‘services Sector 30121 32245 32518 24452 35804 38528 407804647 “Transport St & Comm. sei 67426032, 7i0. «65337258 7452_—«—«10068 Wholesale & Ret. Trade 9183 9415 9970 1066111405 12622 1390014005 Finance & Insuranco 538607742, BIS BBS 9870S 48 Ownership of Bwellings Su7 56085755 59006107200 was 72 Public Admn. & Defence sero 3g00 380335503687 7D1 41584897 Social, CAP services 5038 6275 851565257087 73937588787 Gross Domestic Product (FC) 73850 77687 70420 62085 866832737 98902 108260, inaivect Taxes 1039 124414081581 17592010 Subsidies 1 st tat ‘Grass Domestic Product (a) 73650 77687 79448 83300 68048 84267 100818110076. [Net Factor income from Abroad 32 81105 202-218-387 are ate ‘Grose Natione! Product (0) 73617 77617 76235 1884 8647692350 98628107768, ‘Gross Nationa! Product (MP) 73617 77617 79263 309987831 93880 100042 108584 Population (In milion) 429 4395 4503 48204753 40.90 5031 51.78 Por Capita Income (Re. FC) 1716 176847371772 18191889 19602082 er Capita income (Rs, 171617651760 179916481920 t00¢ 2117 "Note: Galelations are made by splefig method Contd 7Table 3.4a NATIONAL ACCOUNTS BY INDUSTRIAL, ORIGIN {At Constant Factor Cost of 1980-81) ——_—_—__ (Bs Millon) Setor 496566 65-67 67-68 oa-09 ea-70 70.71 74-72 72.73 ‘Agricultura: 49500 46195 51582-53724 58625 56990 SA5G6 59563 ‘Major Crops 20188 21511 25451-26833 31628 28501 30719-31293 Minor Crops: 7259 7953-8709 9390844273985 Uvestock, 1990314274 1458014851 1514515450 15758 16075 Fishing 1709-2008 237821312854 «78022022285 Foresiry 43200 449483518 sr 553786. ‘Industrial Sector 20403 21099-22182 24862-28472 30247-29705 «32789 Mining & Quarrying 495-495 510 82554 580 582580, Manufacturing 14673-18502 1648917910 19937 2t221 21489 20064 Large-scale 10730 1144412315 1361515516 16475. 16398 17903 ‘Smali-seaie 394240584174 az4. 442247465000 s4Bt Construction 4548 437943715551 57195858 49028873 Electricity & Gas Dict. oes 723782 B76 22812587 2723388 ‘Services Sector 5169352538 5436457387 61246 6286264747 TOIT ‘Transport, St. & Comm. toss 1115919761 12451 1283812883 12857 14948 Wholesale & Ret. Trade ye202 1714947919039 2110821625 2099 ©2363 Finance & insurance 1646 185420722248 684 = 28442867 3829 ‘Ownership of Dwellings: eB 714573387558 «7647 = 70021708486 Public Admn. & Defence 7655 «6558 G30! G712_ 65971907618 (088 Social, C&P services 8316 8672 90239378 «1001510509 1104011618 ‘Gross Domestic Product (FC) 148516 119832 128097 135972 148343148800 153018 163263 Indirect Taxes: 2105 280422892781 «3807362817931 19343, Subsidies : 2200 182—~=COt6B 17178 41 001827 ‘Gross Domestic Product (MP) 117490122154 130218 138581 151674 163384 170149 181078 |Net Factor Income from Abroad “378 387-185-284 16-580 5721459 ‘Gross National Product (FC) 116197 119445 127912 135739148369 149320 189501 164722 ‘Gross National Product (MP) A711 121767 130033 138348 151690 152804 170721 180537 Population {in mitlion) 53.25 54.79 8837 58.00 597061498334 g5.09 ‘Por Capita Income (Rs., FC) * 216221802269 234024852428 = 2425. «2500 2199 222223072385 254124852595 2770 Calculations are made by splicing method. Conta,