SWOT Analysis of Economy

of Punjab

Naimat Rasool
49th STP
 Sequence of Presentation

01 Structure of Economy 02 Situational Analysis

03 Strengths of the Economy 04 Weaknesses of the Economy

05 Opportunities of the
Economy 06 Threats to the Economy

07 Conclusion
08 Way Forward

2
Structure of the Punjab’s Economy

20% 17.6% 62.4%

Agriculture Industry Services

Source: Punjab Growth strategy 2023

 Situational Analysis

GDP Employment Population

Contributes 55% Shares 61% Inhabits 53%

Annual Food Grain National Manufacturing

Provides 68% Contributes 58%
Sources: Economic Survey of Pakistan 2020-21
4 Punjab’s Economic Report 2018
GDP Growth Rate Comparison
6

0
2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

GDP Growth Punjab GDP Growth Pakistan

Source: Punjab Economic Report 2018

Punjab’s Share in Economy

Source: PITB
 Situational Analysis

GDP Employment Population

Contributes 55% Shares 61% Inhabits 53%

Annual Food Grain National Manufacturing

Provides 68% Contributes 58%
Sources: Economic Survey of Pakistan 2020-21
7 Punjab’s Economic Report 2018
Strengths of the
Economy
 Strengths of the Economy

Agriculture Human Capital Small and Medium

Bread & Basket 53% of Population Enterprises
68% in Punjab

Urban Centres Connectivity &

Vibrant Private Sector Infrastructure
Engines of Growth
-11 Airports
90% of Goods & Services -107,973 kms Roads
-3116 kms Railways
-75% Tele-density and Broadband internet
Weaknesses of the
Economy
 Weakness of the Economy

Informal Economy Unskilled Labor

Decling share of
Tense Neighborhood Agriculture and
Industializaton

Energy Insecurity
Opportunities of the
Economy
 Opportunities of the Economy

Tourism CPEC and SEZs Tapping Regional

Potential

Mineral Resources
Threats to the
Economy
 Threats to the Economy

Climate Change Unemployed Youth Migration

Agricultural vunerability 6.3% unemployment

Exclusive Economic Political Instability

Growth
HDI, Multidimensional poverty index,
Inclusive growth and development index
Exclusive Economic Growth

Source: PIDE
 Conclusion
Punjab has a vast growth potential.
Harnessing the opportunities while
suppressing the weaknesses and mitigating
the threats, Punjab can truly focus on its
strengths to pave its way towards the
prosperity

17
 Way Forward
 Increased focus on agriculture and the SME sectors
 Private sector development as main engine of growth
 Quality formation of human capital
 Inclusive growth
 References
• Chapter-1 Performance, Structure and Key Challenges of Punjab Economic Report 2018
• Punjab growth strategy 2023
• Tribune (2012): ‘Punjab’s economic importance’ by Shahid Javed Burki, 13 May.
• https://tribune.com.pk/story/378252/Punjabs-economic-importance
• Economic Survey of Pakistan
• “Is Economic Growth Inclusive in Punjab, Pakistan? A District Level Assessment Using the
Composite Index” by PIDE
• Economic Prospects of Pakistani Punjab: Historic Heritage, Institutions and the Regional
Dimension of Growth
Thank You
Questions?