The Economic indicators of Pakistan 2018

A short report on Economic indicators of Pakistan 2018, It is important to understand the economic situation of the country. 

Prime Minister Imran Khan said all the economic indicators showing positivity, As Pakistan has entered in the phase of emerging economy.

“Had the economic situation been really bad, there would have been no foreign investment to the country,” the prime minister said in his brief remarks, aired by the state-run television. “We are inviting renowned international companies to explore minerals, particularly oil and gas in offshore areas,” he added. – Tribune 

An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. 

Read More: Economic indicators improving – Asad Umar

The Economy of Pakistan: Latest 2018

Population: 202 Million

Budget 2018: Rs 5.9 Trillion

Agriculture Budget: 1100 million

Defence Budget: Rs. 1.1 Trillion

GDP: $304.14  Billions

Imports: $57.4 Billion

Exports: $24.7 Billion

Trade Deficit : $32.7 Billion

Forex Reserves: $7.7 Billion

GDP Growth: 5.8%

Inflation Rate: 3.9%

CPI Inflation : 6.5%

Per Capital Income: $1641 or Rs.206766

Ranked: 42th According to GDP.

Ranked: 25th According to PPP.

Interest Rate: 8.5%

Average Inflation Rate: 3.9%

Agricultural Growth: 3.81%

Agriculture Labour Force:42%

Industrial Growth: 3.21%

Monetary Growth: 10.5% to 11.5%

Current Account Deficit: $17.99

Unemployment Rate: 6.6%

GDP Share

Service: 60%

Industrial: 20% 24% of GDP

Agriculture: 18%

Main Exporter   

USA: 15.6%

UK:  7.1%

China: 7.0%

Main Importer

China: 20.5%

UAE: 15.8%

Indonesia: 8%

Courtesy

State Bank of Pakistan

Pakistan Bureau of Statistics

Asian Development Bank

World Bank Report

Economic Survey of Pakistan 2018

Update: Securities and Exchange Commission of Pakistan (SECP) has registered 1,060 new companies during the month of November 2018.

As compared to the corresponding month of last financial year, it represents a growth of 20 percent raising the number of registered companies to 93,157.