PowerPoint Presentation

INDUSTRIAL DEVELOPMENT INPAKISTAN

BYSAQUIB H. SHIRAZI

Chief Executive OfficerAtlas Honda Limited

A Country with remarkable resilienceAverage Growth(%) 3.1 3.1 6.7 6.5 4.0 5.3 6.6 5.6 5.0 4.0 5.2 5.8 6.8 4.1 2.0 Average Growth 1951 - 2009 - 5.00% Source: State Bank of Pakistan

1960 to 1970 (Decade of development)1970 onwards (Nationalization)Today

Improving international Ties

Foreign InvestmentIndustrialization (PSM, HMC etc)

General Prosperity

Industry Takeover

National Corporations under performing

DevaluationPolitical crisis and military takeover

Goal Revival of Industry and economy

Corporate Sectors Leadership + Govt. Resources

. . .

Revival of industryHistorical perspective: Industrial Sector in Pakistan

STAKEHOLDERS ALIGNMENT

ConsumerIndustrial DevelopmentRevenueTechnologyEmploymentHuman ResourceF T APopulationEnergyContribution of Sectors in GDPMajor Industries in Pakistan

Textile IndustrySports IndustryTelecom IndustryCement IndustrySurgical IndustrySugar IndustryDefense Products IndustryAuto IndustryFinancial Services IndustryFertilizer IndustryOil & Gas IndustryChemical Industry

Geographic Placement of Industry

Export Potential of Pakistan Industry

Majority of Pakistans exports are still based around a single crop (Cotton)/manufacturing sector (Textiles).

Pakistans exports are in 4 broad categories: 1. Cotton & Textile, Food, Petroleum and Others.Other Significant Contributors to ExportsIn Billion USD

Source: State Bank of PakistanChallenges for LSM in PakistanHighly cost conscious market. Low volumes denial of economy of scales.National industries are being denied access to own market.Tax EvasionUnder invoicing SmugglingWeak institutions, rule of law is lacking.

Prospects for International Joint Ventures in Pakistan Atlas Honda Ltd. A Test CaseAHL is the oldest joint venture of Honda Motor Co. Ltd. Japan, anywhere in the World.More than 50 years old.Market Leader in Motorcycle Industry.Pioneer in 4-stroke technology.Major role in technology transfer (94% indigenization).

Apart from AHL other successful joint ventures of Atlas Group include Atlas Battery, Atlas Hi-tech and Atlas Power. While a number of technology transfer agreements are also contributing successfully.

Industrial Growth - Way Forward Government support through less policy NOT MORE. Guiding principles:LONG TERM.CONSULTATION. Major Stakeholders participation a must for results.Let market forces set direction and pace. Only other consideration; National Priorities.System based monitoring. Low if not NO discretion.Discourage Penalizing Reinforce Incentives.

Thank YouChart1326.979366.067426.021588.131805.893980.0691267.6781747.9562295.2022932.6063562.02459548625193554656572010

PAKISTAN'S G.D.P. GROWTH RATEPakistan Political & Economic DevelopmentReal GDP (Rs.in Billion)Nationalization/DevaluationMartial LawAfghan CrisisZia Air CrashNuclear Test/SanctionsGen. Musharaf take overAfghan WarTension in Indo-Pak BordersElection 2002US (Allied) vs. Iraq WarSoaring Oil Prices/Rising InflationJudicial CrisisEmergency imposedBenazir's AssasinationGeneral ElectionsHigh Oil Prices/Inflation/Rupee Dep.Martial LawWar8 Govt. ChangesDevaluationDecade of DevelopmentMusharaf Resigned/ Stock Freez18th Constitutional AmmendmentRestoration of Judges/ Nro IssueSwat OperationYear

Chart2326.979366.067426.021588.131805.893980.0691267.6781747.9562295.2022932.6063562.024576.184878.675191.71

Pakistan's Political & Economic DevelopmentReal GDP (Rs.in Billion)Year

East & WestGross Domestic Outputmillion RupeesEast and West PakistanWest Pakistan= PakistanRatioAt Factor CostAt Current Factor CostConstant FC 1959-60At Factor CostReferenceCurrentFC 1959-60ReferenceMPFCMPFCCurrentFC 1959-60FY5025 Years of Pakistan19,911.024,502.0ES 1987-881239850.60FY5125 Years of Pakistan20,759.025,408.0ES 1987-881288150.70FY5225 Years of Pakistan22,513.025,416.0ES 1987-881264749.76FY5325 Years of Pakistan21,815.026,164.0ES 1987-881286549.17FY5425 Years of Pakistan21,865.027,829.0ES 1987-881418050.95FY5525 Years of Pakistan21,151.027,916.0ES 1987-881446851.83FY5625 Years of Pakistan22,688.027,873.0ES 1987-881497853.74FY5725 Years of Pakistan26,624.029,531.0ES 1987-881542452.23FY5825 Years of Pakistan28,407.029,726.0ES 1987-881581553.20FY5925 Years of Pakistan28,042.030,163.0ES 1987-881668055.30FY6025 Years of Pakistan31,472.031,472.0ES 1987-8817854.016826178541682653.4653.46FY6125 Years of Pakistan34,818.033,117.0ES 1987-8819612.018349188641764952.7053.29FY6225 Years of Pakistan36,522.035,079.0ES 1987-8820525.019139200651871052.4053.34FY6325 Years of Pakistan38,720.036,360.0ES 1987-8822052.020489215862005652.9255.16FY6425 Years of Pakistan41,399.039,399.0ES 1987-8824786.022945230702135655.4254.20FY6525 Years of Pakistan46,236.041,048.0ES 1987-8828235.026202251762336056.6756.91FY6625 Years of Pakistan50,695.043,695.0ES 1987-8831244.028969271002512657.1457.50FY67ES 1969-7057,110.044,116.0ES 1987-8835546.032622282232590157.1258.71FY68ES 1969-7060,783.047,599.0ES 1987-8838656.035542297802765958.4758.11FY69ES 1969-7066,565.049,832.0ES 1987-8841349.037985320632945457.0659.11FY70ES 1969-7072,027.052,981.0ES 1987-8847751.043347356683233760.1861.04FY71ES 1969-7073,725.051,759.0ES 1987-885079146006362203273662.4063.25FY72ES 1987-8854673497843674733495FY73ES 1987-8867492614143915535773FY74ES 1987-8888102816904123838439FY75ES 1987-881111831035574257039930FY76ES 1987-881303641197364453141229FY77ES 1987-881497481359824622342401FY78ES 1987-881763341598404994245679FY79ES 1987-881949151771445232148204FY80ES 1987-882341792102535689351736FY81ES 1987-882773952470296081255048FY82ES 1987-883217942897886466959012FY83ES 1987-883638843279096901362975FY84ES 1987-884212453757727290265968FY85ES 1987-884821084350157884472014FY86ES 1987-885471264893768502877023FY87ES 1987-886081455458888964781427FY88ES 1987-886858676180369441786166Ratios computed in column M & N clearly indicate that data reported in Economic Surveys and FBS Publications pertain to the (west) Pakistan Only

mahmood khan:Also rechecked from Economic Survey 1968-69mahmood khan:Also rechecked with Economic Survey 1997-98

Working FileGross Domestic OutputGrowth RatesEstimated Figures on the basis of past growth ratesCheck on Growth Ratesmillion RupeesDeflatorsReferencesCurrent Factor CostConstant FC of 1980-81Current Factor CostConstant FC of 1980-81Current Factor CostConstant FC of 1999-00Current Factor CostConstant FC of 1999-00MPFCMPFCMPFCMPFCMPFCMPFCMPFCMPFCFBS-WebDifferenceMPFCFY5057,973FY5031494657,9730.2FY5160,1883.8FY513269800.000060,1880.3FY5259,145(1.7)FY523213130.000059,1450.4FY5360,2431.9FY533272780.000060,2430.3FY5466,28310.0FY543600910.000066,2830.3FY5567,3831.7FY553660670.000067,383(0.2)FY5669,7353.5FY563788450.000069,735(0.4)FY5771,7662.9FY573898790.000071,7660.4FY5873,6502.6FY584001140.000073,650(0.3)FY5977,6975.5FY594221000.000077,6970.2FY60FBS, Vol. 1, June 199818,28017,25279,44778,4190.9FY604260220.000078,4201.2FY61FBS, Vol. 1, June 199820,05818,79583,30082,0859.78.94.84.7FY6124177227024528784459380.000082,0850.20.05340.0509FY62FBS, Vol. 1, June 199820,94619,56088,04886,6934.44.15.75.6FY6225247236264786914709720.00000.00000.00000.000086,6930.50.05270.0502FY63FBS, Vol. 1, June 199822,45520,88594,26792,7377.26.87.17.0FY6327066252265125025038060.00000.00000.00000.000092,737(0.1)0.05280.0501FY64FBS, Vol. 1, June 199825,19223,351100,61698,90212.211.86.76.6FY6430365282055470205372990.00000.00000.00000.000098,902(0.4)0.05550.0525FY65FBS, Vol. 1, June 199828,72426,691110,075108,25914.014.39.49.5FY6534622322395984465881320.00000.00000.00000.0000108,2590.00.05790.0548FY66FBS, Vol. 1, June 199831,74029,465117,491115,51710.510.46.76.7FY6638258355906387646275620.00000.00000.00000.0000115,5170.00.05990.0567FY67FBS, Vol. 1, June 199836,17433,250122,153119,83114.012.84.03.7FY6743602401616641106509980.00000.00000.00000.0000119,8310.00.06570.0617FY68FBS, Vol. 1, June 199839,00836,254130,218128,0977.89.06.66.9FY6847018437907079576959040.00000.00000.00000.0000128,0970.40.06640.0629FY69FBS, Vol. 1, June 199841,97538,611138,581135,9727.66.56.46.1FY6950595466377534247386860.00000.00000.00000.0000135,9720.30.06720.0631FY70FBS, Vol. 1, June 199848,29543,891151,674148,34315.113.79.49.1FY7058212530148246078058940.00000.00000.00000.0000148,343(0.1)0.07060.0658FY71FBS, Vol. 1, June 199851,35546,570153,384149,9006.36.11.11.0FY7161901562508339048143520.00000.00000.00000.0000149,9000.10.07420.0691FY72FBS, Vol. 1, June 199855,26850,379170,149153,0187.68.210.92.1FY7266617608519250508312910.00000.00000.00000.0000153,0180.20.07200.0732FY73FBS, Vol. 1, June 199868,25362,175181,078163,26223.523.46.46.7FY7382269750999844688869430.00000.00000.00000.0000163,2620.00.08360.0847FY74FBS, Vol. 1, June 199888,91582,503189,459174,71230.332.74.67.0FY741071749965210300339491470.00000.00000.00000.0000174,712(0.3)0.10400.1050FY75FBS, Vol. 1, June 1998112,054104,428194,313180,40426.026.62.63.3FY7513506412613410564239800690.00000.00000.00000.0000180,4040.00.12790.1287FY76FBS, Vol. 1, June 1998131,330120,702203,875186,47917.215.64.93.4FY76158299145791110840910130730.00000.00000.00000.0000186,4790.00.14280.1439FY77FBS, Vol. 1, June 1998151,042137,278211,851191,71715.013.73.92.8FY77182058165812115177210415290.00000.00000.00000.0000191,717(0.1)0.15810.1592FY78FBS, Vol. 1, June 1998177,904161,410229,099206,74617.817.68.17.8FY78214437194960124554411231760.00000.00000.00000.0000206,7460.00.17220.1736FY79FBS, Vol. 1, June 1998196,471179,400239,949218,25810.411.14.75.6FY79236816216690130453311857160.00000.00000.00000.0000218,258(0.1)0.18150.1827FY80FBS, Vol. 1, June 1998235,168211,242260,408233,34519.717.78.56.9FY80283460255150141576212676790.00000.00000.00000.0000233,3450.00.20020.2013FY81FBS, Vol. 1, June 1998ES 1997-98278,196247,831278,196247,83118.317.36.86.2FY81335323299345151247013463760.00000.00000.00000.0000247,8310.00.22170.2223FY82FBS, Vol. 1, June 1998ES 1997-98324,159292,153296,383266,57116.517.96.57.6FY82390725352879161134814481830.00000.00000.00000.0000266,5721.00.24250.2437FY83FBS, Vol. 1, June 1998ES 1997-98364,387328,412316,473284,66712.412.46.86.8FY83439214396675172057115464920.00000.00000.00000.0000284,6670.00.25530.2565FY84FBS, Vol. 1, June 1998ES 1997-98419,802374,349332,503295,97715.214.05.14.0FY84506008452160180772216079350.00000.00000.00000.0000295,9770.00.27990.2812FY85FBS, Vol. 1, June 1998ES 1997-98472,157425,064357,747321,75112.513.57.68.7FY85569114513417194496617479560.00000.00000.00000.0000321,7510.00.29260.2937FY86FBS, Vol. 1, June 1998ES 1997-98514,532466,319377,429342,2249.09.75.56.4FY86620191563247205197118591790.00000.00000.00000.0000342,2240.00.30220.3030FY87FBS, Vol. 1, June 1998ES 1997-98572,479515,431401,782362,11011.310.56.55.8FY87690037622567218437219672120.00000.00000.00000.0000362,1100.00.31590.3165FY88FBS, Vol. 1, June 1998ES 1997-98675,389601,025432,419385,41618.016.67.66.4FY88814080725953235093620938250.00000.00000.00000.0000385,4160.00.34630.3467FY89FBS, Vol. 1, June 1998ES 1997-98769,745683,138453,866403,94814.013.75.04.8FY89927812825133246753721945030.00000.00000.00000.0000403,9480.00.37600.3760FY90FBS, Vol. 1, June 1998ES 1997-98ES 2000-01855,943759,851474,101422,48411.211.24.54.6FY901031711917792257754922952020.00000.00000.00000.0000422,4840.00.40030.3999FY91FBS, Vol. 1, June 1998ES 1997-98ES 2000-011,020,600908,374499,960446,00519.219.55.55.6FY9112301801097186271813724229830.00000.00000.00000.0000446,0050.00.45260.4528FY92FBS, Vol. 1, June 1998ES 1997-98ES 2000-011,211,3851,077,943539,131480,41318.718.77.87.7FY9214601431302001293109826099090.00000.00000.00000.0000480,4130.00.49820.4989FY93ES 2002-031,333,0411,191,541549,455491,32510.010.51.92.3FY9316067811439212298722726691900.00000.00000.00000.0000487,782(3,543.0)0.53790.5392FY94ES 2002-031,561,1041,400,865566,315509,09117.117.63.13.6FY9418816761692045307888927657060.00000.00000.00000.0000509,0910.00.61120.6118FY95ES 2002-031,865,9221,671,977594,419534,86119.519.45.05.1FY9522490892019510323168329057050.00000.00000.00000.0000534,8610.00.69590.6950FY96ES 2002-032,120,1731,929,891623,228570,15713.615.44.86.6FY9625555502331033338830930974560.00000.00000.00000.0000570,1570.00.75420.7526FY97ES 2002-032,428,3122,226,580629,550579,86514.515.41.01.7FY9729269652689391342268031501960.00000.00000.00000.0000579,8650.00.85520.8537FY98ES 2002-032,677,6562,480,884645,605600,125At Current Factor CostAt Constant FC of 1999-200010.311.42.63.5FY9832275122996554350996632602610.00000.00000.00000.0000600,1250.00.91950.9191FY99ES 2002-032,938,3792,735,943669,235625,233MPFCMPFC9.710.33.74.2FY9935417743304629363843533966640.00000.00000.00000.0000625,223(10.0)0.97340.9729FY00ES 2002-033,147,1672,921,988697,745649,6563793437352934537934363,529,3457.16.84.33.9FY0037934373529345379343635293450.00000.00000.00000.0000649,6560.01.00001.0000FY01ES 2004-054162654387602538639943,594,1249.79.81.91.8FY0141626543876025386399435941240.00000.00000.00000.0000686,3821.07731.0784FY02ES 2004-054401699409521239883773,705,7185.75.73.23.1FY0244016994095212398837737057180.00000.00000.00000.0000721,2511.10361.1051FY03ES 2004-054822842448141241858243,884,9529.69.45.04.8FY0348228424481412418582438849520.00000.00000.00000.00001.15221.1535FY04ES 2004-055532663514261044530854,134,54414.714.86.46.4FY0455326635142610445308541345440.00000.00000.00000.00001.24241.2438FY05ES 2004-056547590612967647997234,479,85018.319.27.88.4FY0565475906129676479972344798500.00000.00000.00000.00001.36421.3683

mahmood khan:GDP at Constant Factor Cost of 1980-81

NotesNotesData reported in worksheet East and West indicate that the Gross Domestic Product series published in 50 Years of Pakistan: Volume -1, Federal Bureau of Statistics, June 1998 pertain to the West Pakistan only. In other words, the series does not takeWorksheet named Working File is used to calculate nominal GDP figures according to new base (1999-2000). In columns E to L, original data series collected from FBS publications and Economic Surveys are reported. Growth rates on the basis of these seriNew data series are reported in worksheet Final.Although we have generated new GDP data series by using simple splicing, it has definite limitations. This methodology implicitly assumes that the shares of newly introduced products in revised GDP base remained same prior to 1999-2000. In fact, the shaKeeping this limitation in mind, it is suggested that these data series may be used for descriptive analysis only. For econometric analysis, it may be appropriate to use old time series data based on 1980-81 base. Furthermore, data series for recent yea

FinalGross Domestic Outputmillion RupeesCurrent Factor CostConstant FC of 1999-00MPFCMPFCFY50314946100FY513269803.8%76.7518075976FY52321313-1.7%75.4217727847FY533272781.9%76.8219436616FY5436009110.0%84.524158686FY553660671.7%3.05%85.9268799653FY563788453.5%88.9261531007FY573898792.9%91.5160866627FY584001142.6%93.9185656537FY594221005.5%99.0793047603FY604260220.9%3.08%100Index 1960 = 100FY6124177227024528784459384.7%104.6748874635FY6225247236264786914709725.6%110.5510144225FY6327066252265125025038067.0%118.2583302516FY6430365282055470205372996.6%126.1199454214FY6534622322395984465881329.5%6.66%138.0520027034FY6638258355906387646275626.7%147.3074127444FY6743602401616641106509983.7%152.8086305615FY6847018437907079576959046.9%163.3494433747FY6950595466377534247386866.1%173.3916525332FY7058212530148246078058949.1%6.50%189.1671661205FY7161901562508339048143521.0%191.1526543312FY7266617608519250508312912.1%195.1287315574FY7382269750999844688869436.7%208.191892271FY741071749965210300339491477.0%222.7929455872FY7513506412613410564239800693.3%3.99%230.0513906069FY76158299145791110840910130733.4%237.798237672FY77182058165812115177210415292.8%244.4777413637FY78214437194960124554411231767.8%263.6427396422FY79236816216690130453311857165.6%278.3228554304FY80283460255150141576212676796.9%5.28%297.5618153764FY81335323299345151247013463766.2%316.0343794234FY82390725352879161134814481837.6%339.9316492177FY83439214396675172057115464926.8%363.007689463FY84506008452160180772216079354.0%377.4302146164FY85569114513417194496617479568.7%6.64%410.2972493911FY86620191563247205197118591796.4%436.4044428009FY87690037622567218437219672125.8%461.7630931279FY88814080725953235093620938256.4%491.4829314324FY89927812825133246753721945034.8%515.1149593848FY901031711917792257754922952024.6%5.60%538.7520881419FY9112301801097186271813724229835.6%568.7460946964FY9214601431302001293109826099097.7%612.6232163124FY9316067811439212298722726691902.3%626.5382114028FY9418816761692045307888927657063.6%649.1934352644FY9522490892019510323168329057055.1%4.83%682.0553692345FY9625555502331033338830930974566.6%727.0648694832FY9729269652689391342268031501961.7%739.4445223734FY9832275122996554350996632602613.5%765.2800979354FY9935417743304629363843533966644.2%797.2978487356FY0037934373529345379343635293453.9%3.97%828.4420867392FY0141626543876025386399435941241.8%843.6476418597FY0244016994095212398837737057183.1%869.8420678021FY0348228424481412418582438849524.8%911.9136105316FY0455326635142610445308541345446.4%970.5002653679FY0565475906129676479972344798508.4%4.89%1051.5538385394.95%

Final (2)Gross Domestic Outputmillion RupeesCurrent Factor CostConstant FC of 1999-00MPFCMPFCFY50314,946.245YearRs. In BillionAvg Growth RateFY51326,979.5353.82%1951326.980FY52321,313.295-1.73%1955366.0673.13%FY53327,278.3301.86%1960426.0223.09%FY54360,091.45610.03%1965588.1326.67%FY55366,067.3561.66%3.13%1970805.8946.52%FY56378,844.9173.49%1975980.0694.02%FY57389,878.6022.91%19800.0005.30%FY58400,113.6902.63%19851,747.9566.65%FY59422,099.5705.49%19902,295.2025.60%FY60426,021.9340.93%3.09%19952,932.6075.04%FY6124,176.90622,701.681452,877.797445,937.9804.67%20003,562.0203.98%FY6225,247.25623,625.692478,691.288470,971.5705.61%20013,632.0911.97%FY6327,066.12925,226.103512,502.177503,806.4266.97%20023,745.1183.11%FY6430,365.17128,204.680547,019.838537,298.6316.65%20033,922.3074.73%FY6534,622.46732,238.923598,445.661588,131.8129.46%6.67%20044,215.5807.50%FY6638,257.80235,589.520638,764.289627,561.8896.70%20054,576.1809.00%FY6743,602.32240,161.261664,110.223650,998.2833.73%20064,878.6705.80%FY6847,018.28443,789.664707,957.275695,904.4586.90%20075,191.7106.80%FY6950,594.55646,636.584753,424.466738,686.4726.15%20085,404.4904.10%FY7058,212.36753,014.072824,607.288805,893.6209.10%6.52%20095,512.4502.00%FY7161,900.73756,249.922833,904.059814,352.2351.05%Average5.00%FY7266,617.27160,850.651925,050.473831,291.1962.08%FY7382,268.73775,098.537984,468.257886,943.1266.69%FY74107,173.67499,651.8641,030,033.309949,146.8167.01%FY75135,064.262126,134.1391,056,423.091980,069.3833.26%4.02%FY76158,298.584145,790.8111,108,408.8951,013,072.6513.37%FY77182,058.439165,812.2561,151,772.0801,041,528.8022.81%FY78214,436.544194,960.2721,245,544.4241,123,175.8987.84%FY79236,816.273216,689.6281,304,532.7091,185,716.4115.57%FY80283,459.693255,150.2251,415,762.3231,267,678.6016.91%5.30%FY81335,323.483299,344.5221,512,470.4891,346,375.7756.21%FY82390,724.974352,879.1801,611,347.9021,448,183.3867.56%FY83439,213.784396,674.8841,720,571.3711,546,492.3796.79%FY84506,008.242452,160.2321,807,721.8041,607,935.5003.97%FY85569,114.328513,416.7231,944,966.0671,747,956.2778.71%6.65%FY86620,191.025563,246.8822,051,971.3591,859,178.6476.36%FY87690,037.427622,567.1782,184,371.5151,967,212.0605.81%FY88814,079.972725,952.5292,350,935.9462,093,825.0906.44%FY89927,811.954825,133.3292,467,537.0282,194,502.7124.81%FY901,031,710.693917,791.6982,577,548.8192,295,202.0654.59%5.60%FY911,230,179.9691,097,186.3112,718,136.6582,435,212.0006.10%FY921,460,142.6241,302,001.4932,931,097.9572,619,531.3177.57%FY931,606,780.6541,439,211.6842,987,226.5332,674,475.7842.10%FY941,881,676.3381,692,045.2393,078,889.4342,791,311.5924.37%FY952,249,088.6422,019,509.8903,231,682.6832,932,606.7635.06%5.04%FY962,555,550.0252,331,033.2393,388,308.8113,126,132.3496.60%FY972,926,965.2962,689,391.2603,422,679.6813,179,360.6571.70%FY983,227,512.0272,996,554.2443,509,966.0323,290,444.8703.49%FY993,541,774.4343,304,629.1593,638,435.4483,428,110.3394.18%FY003,793,437.0003,529,345.0003,793,436.0003,562,020.0003.91%3.98%FY014,162,654.0003,876,025.0003,863,994.0003,632,091.0001.97%FY024,401,699.0004,095,212.0003,988,377.0003,745,118.0003.11%FY034,822,842.0004,481,412.0004,185,824.0003,922,307.0004.73%FY045,640,580.0005,250,530.0004,534,120.0004,215,580.0007.48%FY056,581,100.0006,203,890.0004,864,740.0004,576,180.0008.55%5.17%FY067,713,060.0007,295,210.0005,167,770.0004,878,670.0006.61%FY078,673,010.0008,235,100.0005,477,950.0005,191,710.0006.42%FY0810,284,380.0009,962,250.0005,587,400.0005,404,490.0004.10%FY0913,095,040.00012,459,540.0005,796,360.0005,512,450.0002.00%4.78%4.99%FY033,922,3074.73%FY04294173.0254,216,4807.50%FY05379483.202254,595,9639.00%FY06266565.86718054,862,5295.80%FY07330651.9784212745,193,1816.80%FY08353136.3129539215,546,3174.10%FY09110926.3477161145,657,2442.00%

GDPYear19513271955366196042619655881970806197598019801,26819851,74819902,29519952,93320003,56220054,59520064,86220075,19320085,54620095,65720105.29% 4.8% 5.14% 7.0% 5.8%

GDP00000000000000000

PAKISTAN'S G.D.P. GROWTH RATEPakistan Political & Economic DevelopmentReal GDP (Rs.in Billion)Nationalization/DevaluationMartial LawAfghan CrisisZia Air CrashNuclear Test/SanctionsGen. Musharaf take overAfghan WarTension in Indo-Pak BordersElection 2002US (Allied) vs. Iraq WarSoaring Oil Prices/Rising InflationJudicial CrisisEmergency imposedBenazir's AssasinationGeneral ElectionsHigh Oil Prices/Inflation/Rupee Dep.Martial LawWar8 Govt. ChangesDevaluationDecade of DevelopmentMusharaf Resigned/ Stock Freez18th Constitutional AmmendmentRestoration of Judges/ Nro IssueSwat OperationYear

Average Growth 3.1% 3.1% 6.7% 6.5% 4.0% 5.3% 6.6% 5.6% 5.0% 4.0% 5.2% 5.8% 6.8% 4.1% 2.0% Averagee Growth 1951 - 2009 - 5.00% Source: State Bank of PakistanWar