PAKISTAN ECONOMIC SURVEY 2021-2022

The government unveiled on

June 9, 2022, the Pakistan
Economic Survey 2021-22. here
are the key highlights of the
document.

The Brief Affairs

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PAKISTAN ECONOMIC SURVEY 2021-2022

GDP GROWTH
RATE DURING
FISCAL YEAR 2021-
22 ON THE NEW
BASE OF 2015-16
STOOD AT 5.97%.
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PAKISTAN ECONOMIC SURVEY 2021-2022

AGRICULTURE SECTOR IS
ESTIMATED TO GROW AT
4.4% IN FY22 AGAINST
3.48% IN FY21. THE
LIVESTOCK SECTOR GREW
AT 3.3%, ACCOMPANIED BY
FORESTRY AND FISHING
SHOWING GROWTH OF
6.13%.
The Brief Affairs
PAKISTAN ECONOMIC SURVEY 2021-2022

INDUSTRY
SECTOR
EXPANDED AT
7.19% IN FY22
AGAINST 7.81%
LAST YEAR.
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PAKISTAN ECONOMIC SURVEY 2021-2022

THE GROWTH OF
SERVICES SECTOR
WAS RECORDED
AT 6.19% IN FY22
AS OPPOSED TO
6% IN FY21.
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PAKISTAN ECONOMIC SURVEY 2021-2022

LARGE SCALE
MANUFACTURING
WITNESSED 10.4%
GROWTH DURING
9MFY22 (VERSUS
4.2% DURING
9MFY21).
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PAKISTAN ECONOMIC SURVEY 2021-2022

CEMENT
PRODUCTION
DECREASED BY 8.2%
FOR 9MFY22, WHILE
OIL SALES OF THE
SAME PERIOD SAW
AN INCREASE OF 17%.
The Brief Affairs
PAKISTAN ECONOMIC SURVEY 2021-2022

THE SIZE OF
PAKISTAN’S ECONOMY
IS EXPECTED TO
AMOUNT TO RS66.95
TRILLION IN FY22
COMPARED TO RS55.8
TRILLION RECORDED IN
FY21.
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PAKISTAN ECONOMIC SURVEY 2021-2022

DURING FY22, THE

PER CAPITA INCOME
OF COUNTRY
INCREASED TO
RS314,353
(EQUIVALENT TO
$1,798).
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PAKISTAN ECONOMIC SURVEY 2021-2022

IN DOLLAR
TERMS, THE SIZE
OF THE
ECONOMY
REACHED TO
$382.8 BILLION.
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PAKISTAN ECONOMIC SURVEY 2021-2022

CURRENT ACCOUNT
DEFICIT WAS RECORDED AT
$13.8 BILLION IN 10MFY22
FROM$543 MILLION
(10MFY21), OWING MOSTLY
TO INCREASED IMPORT
VOLUMES OF COMMODITIES
AS WELL AS INCREASED
INTERNATIONAL PRICES.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

EXPORTS ALSO WITNESSED

GROWTH OF 27.6% TO
REACH $26.8 BILLION FOR
10MFY22 (COMPARED TO $21
BILLION FOR 10MFY21).
FOOD GROUP'S EXPORTS
INCREASED BY 18.9% YEAR-
ON-YEAR REACHING $3.9
BILLION DURING 10MFY22.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

THE TOTAL IMPORTS DURING

10MFY22 CLOCKED AT $59.8
BILLION SHOWING A GROWTH
OF 39% YEAR-ON-YEAR,
COMPRISING MAINLY OF
PETROLEUM, MEDICINAL
PRODUCTS, PETROLEUM
CRUDE, LNG, PALM OIL,
PLASTIC MATERIALS AND
IRON AND STEEL.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

TRADE DEFICIT IN GOODS

AND SERVICES WIDENED
BY 51.5% YEAR-ON-YEAR ON
ACCOUNT OF 39% YEAR-
ON-YEAR INCREASE IN
IMPORTS OF GOODS AS
WELLAS 34.0% YEAR-ON-
YEAR INCREASE IN
IMPORTS OF SERVICES.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

NET FDI INFLOWS

ROSE 6.1% TO $1.25
BILLION 9MFY22
AS AGAINST $1.18
BILLION LAST
YEAR.
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PAKISTAN ECONOMIC SURVEY 2021-2022

REMITTANCES SAW
A YEAR-ON-YEAR
INCREASE OF 7.6%
TO $26.1 BILLION
DURING 10MFY22, A
HISTORIC HIGH.
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PAKISTAN ECONOMIC SURVEY 2021-2022

LIQUID FOREIGN
EXCHANGE RESERVES
STOOD AT $16.1 BILLION
WHILE SBP’S RESERVES
AMOUNTED TO UNDER
$10 BILLION WHILE
COMMERCIAL BANKS’
RESERVESAT $6.1
BILLION AS OF MAY’22.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

PRIVATE SECTOR
CREDIT WITNESSED
AN UNPRECEDENTED
EXPANSION OF
RS1,312 BILLION
DURING 10MFY22.

The Brief Affairs

PAKISTAN ECONOMIC SURVEY 2021-2022

ANNUAL
INFLATION (CPI)
WAS RECORDED
AT 11.3% AS
OPPOSED TO THE
TARGETED 8.2%.
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