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SBP Annual Report-Statistical Supplement FY 14

2.1 Net National Income


(Billion Rupees)
Sector
FY12

Current Factor Cost


Amount
Growth (%)
FY13R
FY14P
FY12 FY13R FY14P

Constant Factor Cost of 2005-06

FY12

Amount
FY13R

FY14P

Growth (%)
FY12 FY13R FY14P

A. Agriculture Sector

4,753.08

5,426.10

6,051.02

3.5

14.2

11.5

2,048.79

2,107.72

2,152.31

3.6

2.9

2.1

1- Crops (i+ii+iii)

1,966.61

2,268.35

2,640.49

-14.8

15.3

16.4

832.13

851.33

861.15

3.2

2.3

1.2

1,236.45

1,469.58

1,760.01

-19.3

18.9

19.8

523.94

530.15

549.97

7.9

1.2

3.7

586.67

641.69

704.75

6.2

9.4

9.8

245.01

259.83

250.65

-7.5

6.1

-3.5

i. Important Crops
ii. Other Crops
iii. Cotton Ginning
2- Livestock
3- Forestry
4- Fishing

143.49

157.08

175.73

-36.0

9.5

11.9

63.19

61.35

60.54

13.8

-2.9

-1.3

2,610.41
113.10
62.95

2,955.87
129.35
72.54

3,184.84
146.50
79.19

22.5
26.5
1.2

13.2
14.4
15.2

7.7
13.3
9.2

1,130.74
42.87
43.05

1,169.76
43.30
43.33

1,203.45
43.95
43.76

4.0
1.8
3.8

3.5
1.0
0.7

2.9
1.5
1.0

4,269.67

4,554.62

5,126.29

13.9

6.7

12.6

1,984.32

2,011.56

2,129.08

2.5

1.4

5.8

1- Mining & Quarrying

642.205

696.691

766.407

29.8

8.5

10.0

283.727

294.609

307.646

5.2

3.8

4.4

2- Manufacturing

2,809.68

3,027.83

3,387.19

11.2

7.8

11.9

1,252.67

1,309.45

1,382.11

2.1

4.5

5.5

B. Industrial Sector

i.

Large-Scale

2,362.41

2,509.79

2,802.64

10.1

6.2

11.7

1,018.71

1,060.30

1,116.62

1.1

4.1

5.3

ii.

Small-Scale

241.951

283.095

324.841

16.0

17.0

14.7

144.713

156.691

169.78

8.4

8.3

8.4

iii. Slaughtering
3. Electricity and Gas Distribution
4- Construction

205.323
439.637
378.14

234.948
418.272
411.822

259.709
478.377
494.316

17.9
8.2
18.7

14.4
-4.9
8.9

10.5
14.4
20.0

89.251
224.49
223.429

92.461
187.834
219.671

95.703
194.817
244.506

3.5
1.4
3.1

3.6
-16.3
-1.7

3.5
3.7
11.3

Commodity Producing Sector (A+B)

9,022.74

9,980.72 11,177.30

8.2

10.6

12.0

4,033.11

4,119.28

4,281.39

3.1

2.1

3.9

10,338.77

11,626.04 12,907.80

11.1

12.5

11.0

5,437.15

5,700.97

5,945.28

4.4

4.9

4.3

1- Wholesale and Retail Trade

4,006.84

4,370.19

4,875.71

12.3

9.1

11.6

1,746.51

1,805.51

1,899.07

1.7

3.4

5.2

2- Transport, Storage and Communication

1,905.70

2,290.04

2,415.58

-0.9

20.2

5.5

1,254.13

1,290.29

1,328.75

4.6

2.9

3.0

3- Finance and Insurance

570.503

526.911

606.28

6.4

-7.6

15.1

279.171

304.252

319.968

1.6

9.0

5.2

4- Housing Services (OD)

984.148

1,092.77

1,228.13

11.0

11.0

12.4

639.003

664.54

691.15

4.0

4.0

4.0

1,486.12 1,651.11
1,860.01 2,131.03
21,606.76 24,085.10

23.3
17.5
9.7

19.4
14.3
11.6

11.1
14.6
11.5

632.13
886.20
9,470.26

703.72
719.11
932.67
987.23
9,820.25 10,226.66

11.1
6.4
3.8

11.3
5.2
3.7

2.2
5.8
4.1

C. Services Sector

5- General Government Services


6- Other Private Services
GDP (Total of GVA at bp) (A+B+C)

1,244.69
1,626.89
19,361.51

Taxes
Subsidies
GDP at mp (GVA+T-S)

1,221.54

1,275.99

1,600.54

16.7

4.5

25.4

533.42

519.05

600.44

5.7

-2.7

15.7

536.55

393.67

283.75

28.4

-26.6

-27.9

269.772

176.255

114.054

22.0

-34.7

-35.3

9,733.91 10,163.05 10,713.05

20,046.50

Net Factor Income from Abroad

22,489.08 25,401.89

9.7

12.2

13.0

3.5

4.4

5.4

1,373.77

26.3

12.1

18.3

462.55

3.7

4.0

15.0

23,650.30 26,775.66

13.2 10,120.47 10,565.13 11,175.60

1,035.71

Gross National Income

21,082.21

Population (Millions)

178.91

Per capita income (Rupees)


Consumption of Fixed Capital
Net National Income

117,837
1,126.94
19,955.27

1,161.22

386.56

10.4

12.2

186.19

2.1

2.0

2.0

178.91

129,569
143,808
1,205.00 1,288.19
22,445.29 25,487.47

8.2
8.4
10.5

10.0
6.9
12.5

11.0
6.9
13.6

56,567
880.13
9,240.33

182.53

402.08

3.5

4.4

5.8

186.19

2.1

2.0

2.0

57,882
60,023
894.89
910.98
9,670.24 10,264.62

1.4
1.9
3.7

2.3
1.7
4.7

3.7
1.8
6.1

182.53

P: Provisional R:Revised

Source: Pakistan Bureau of Statistics

Note: Total may differ due to rounding off and growths (%) are arrived at from original value.
FC: Factor Cost, MP: Market Price P: Provisional, R: Revised OD: Ownership of Dwellings

Real GDP Growth


Agriculture

Manufacturing

Services

Real GDP

8.0
6.0

percent

4.0
2.0
0.0
FY08

FY09

FY10

-2.0
-4.0

FY11

FY12

FY13

Economic Growth, Savings and Investment

2.2 Expenditure on Gross National Product


(Billion Rupees)
Current Factor Cost
Expenditure

FY 12 R

FY 13 P

FY 14 P

FY 10

FY 11

FY 12 R

FY 13 P

FY 14 P

14,867.00

18,276.44 20,046.50

22,489.08

25,401.90

9,152.55

9,404.10

9,733.91

10,163.05

10,713.05

11,851.32

14,831.29 16,527.83

18,255.83

20,445.60

7,010.19

7,331.68

7,700.71

7,893.87

8,363.04

FY 10
GDP by Expenditure

Household Final Consumption Expenditure

Constant Factor Cost of 2005-06

FY 11

General Government Final Consumption


Expenditure

1,533.71

1,779.42

2,102.63

2,465.27

3,047.40

941.25

941.446

1,010.60

1,113.41

1,254.53

Gross Fixed Capital Formation

2,111.79

2,288.33

2,701.46

2,916.66

3,147.24

1,374.21

1,268.32

1,299.09

1,301.15

1,307.70

237.87

292.423

320.74

359.83

406.43

146.441

150.47

155.743

162.61

171.41

Export of goods and non-factor services

2,009.46

2,552.61

2,485.10

2,973.05

3,136.27

1,258.12

1,287.96

1,094.76

1,243.80

1,226.16

Less Import of goods and non-factor services

2,877.16

3,467.63

4,091.26

4481.56

4781.04

1,577.65

1,575.77

1,526.99

1,551.79

1,609.78

Changes in Inventories

Growth (%)

GDP by Expenditure

12.6

22.9

9.7

12.2

13.0

1.6

2.7

3.5

4.4

5.4

Household Final Consumption Expenditure

13.3

25.1

11.4

10.5

12.0

2.6

4.6

5.0

2.5

5.9

General Government Final Consumption


Expenditure

10.5

16.0

18.2

17.2

23.6

-0.6

..

7.3

10.2

12.7

0.3

8.4

18.1

8.0

7.9

-8.9

-7.7

2.4

0.2

0.5

Changes in Inventories

12.6

22.9

9.7

12.2

13.0

1.6

2.7

3.5

4.4

5.4

Export of goods and non-factor services

22.8

27.0

-2.6

19.6

5.5

15.7

2.4

-15.0

13.6

-1.4

Less Import of goods and non-factor services

10.8

20.5

18.0

9.5

6.7

4.3

-0.1

-3.1

1.6

3.7

Gross Fixed Capital Formation

P: Provisional R:Revised

Source: Pakistan Bureau of Statistics

1. The series may not be comparable with similar series given in earlier reports due to revisions by the Pakistan Bureau of Statistics.
2. The figures of exports and imports used in this table are based on trade statistics which are compiled on the basis of actual entry of imports and actual exit of exports from the
country. The deficit on the current account of the balance of payment computed from these data does not equal the estimates of external resource inflow provided by Planning
Division (Table -2.4) as the latter is based on Balance of Payment data compiled on the basis of Payments for imports and receipts from exports
3. The figure of net factor income from abroad given in the table includes the imputed value of accompanied personal baggage whereas Planning Division's estimates of this variable
(Difference of national and domestic savings given in Table-2.4) exclude personal baggage. Hence the two figures are not comparable.

SBP Annual Report-Statistical Supplement FY 14

2.3 Gross Fixed Capital Formation


(Billion Rupees)
At Current Market Prices
2009-10 2010-11 2011-12 2012-13R 2012-14P

At Constant Market Prices of 2005-06


2009-10 2010-11 2011-12 2012-13R 2012-14P

TOTAL (I+II)

2,111.79 2,288.33 2,701.46

2,916.66

3,147.24

1,374.21

1,268.32

1,299.09

1,301.15

1,307.70

I- Private Sector
Agriculture
Mining and Quarrying
Manufacturing
(i) Large Scale
(ii) Small Scale (including Slaughtering)
Electricity Genration & Distribution and Gas Distribution
Construction
Wholesale and Retail Trade
Transport, Storage and Communication
Finance & Insurance
Housing Services ( Ownership of Dwellings)
Other Private Services

1,557.91 1,697.80 1,950.35


442.43 536.98 624.42
46.40
30.61
33.92
268.95 256.69 282.13
256.86 240.70 263.96
12.09
16.00
18.17
19.03
49.87
61.39
14.25
8.84
13.08
41.72
51.62
57.95
259.35 211.80 223.18
26.55
25.42
29.09
285.26 341.57 408.56
153.98 184.42 216.65

2,168.17
697.30
34.96
366.80
345.94
20.87
6.87
14.22
64.33
231.94
37.11
468.46
246.17

2,270.64
730.02
54.07
288.80
264.89
23.91
13.63
30.24
73.24
236.14
37.88
525.11
281.50

1,041.10
295.42
29.45
157.87
150.18
7.69
12.08
11.11
24.39
169.88
15.52
222.42
102.97

971.51
297.82
17.06
124.32
116.07
8.26
27.79
5.98
24.89
120.70
12.26
231.32
109.37

964.14
289.42
16.46
124.13
115.27
8.86
29.80
7.70
25.31
101.70
12.70
240.57
116.36

990.45
300.15
14.69
150.24
140.72
9.51
2.89
7.59
26.17
100.87
15.10
250.19
122.56

974.45
295.69
19.93
109.73
99.51
10.22
5.02
14.99
27.52
97.66
14.23
260.20
129.49

Sectors

553.88

590.53

751.11

748.49

876.60

333.10

296.81

334.95

310.70

333.25

146.03

146.85

155.81

245.76

237.81

94.65

82.86

74.99

106.20

93.27

0.08
12.66
1.43
9.95
77.94
39.65
10.87
8.37
20.40
4.32

0.07
12.15
2.61
7.79
79.85
41.08
2.14
11.34
27.61
3.29

0.09
18.07
2.88
11.38
71.37
45.00
4.27
14.15
26.59
7.01

0.09
16.83
5.40
15.83
117.64
86.16
24.48
12.60
49.08
3.82

0.17
19.60
3.25
14.91
115.36
81.29
22.29
16.87
42.14
3.23

0.06
8.04
0.84
7.76
49.46
25.97
7.12
5.48
13.36
2.53

0.05
6.77
1.26
5.28
44.51
23.41
1.22
6.46
15.73
1.59

0.05
8.77
1.26
6.70
34.64
20.51
1.94
6.45
12.12
3.06

0.05
7.07
2.20
8.45
49.41
37.47
10.65
5.48
21.34
1.55

0.09
7.22
1.22
7.39
42.52
33.62
9.22
6.98
17.43
1.21

407.85
130.34
219.84
57.67

443.68
130.83
242.54
70.31

595.30
144.81
372.72
77.77

502.73
147.75
288.46
66.51

638.79
170.88
395.02
72.89

238.45
76.21
128.53
33.72

213.95
63.09
116.96
33.90

259.95
63.23
162.76
33.96

204.50
60.10
117.34
27.06

239.98
64.19
148.40
27.38

0.31

8.36

18.05

7.97

7.91

-5.05

-7.71

2.43

0.16

0.50

I- Private Sector
Agriculture
Mining and Quarrying
Manufacturing
(i) Large Scale
(ii) Small Scale (including Slaughtering)
Electricity Genration & Distribution and Gas Distribution
Construction
Wholesale and Retail Trade
Transport, Storage and Communication
Finance & Insurance
Housing Services ( Ownership of Dwellings)
Other Private Services

1.20
18.98
44.11
-23.69
-25.08
26.55
-47.90
-34.39
15.88
9.34
-12.80
-1.08
16.02

8.98
21.37
-34.04
-4.56
-6.29
32.37
162.08
-38.00
23.73
-18.33
-4.28
19.74
19.77

14.88
16.28
10.82
9.91
9.67
13.55
23.11
47.99
12.28
5.37
14.44
19.61
17.48

11.17
11.67
3.08
30.01
31.06
14.87
-88.80
8.74
11.00
3.93
27.59
14.66
13.63

4.73
4.69
54.65
-21.27
-23.43
14.60
98.28
112.69
13.86
1.81
2.08
12.09
14.35

-7.52
-2.30
29.21
-32.93
-34.20
7.40
-53.29
-31.02
1.75
1.10
-23.42
4.00
6.09

-6.68
0.81
-42.07
-21.25
-22.71
7.35
130.17
-46.15
2.05
-28.95
-21.05
4.00
6.22

-0.76
-2.82
-3.49
-0.15
-0.69
7.37
7.21
28.66
1.68
-15.74
3.64
4.00
6.39

2.73
3.71
-10.80
21.03
22.08
7.35
-90.31
-1.36
3.40
-0.81
18.86
4.00
5.33

-1.61
-1.49
35.70
-26.96
-29.28
7.37
73.99
97.34
5.15
-3.18
-5.74
4.00
5.65

II- Public Sector and General Government (A+B)


(A) Public Sector (Autonomous and Semi-Autonomous Bodies)
Agriculture
Mining and Quarrying
Manufacturing
Construction
Electricity Genration & Distribution and Gas Distribution
Transport, Storage and Communication
(i) Railways
(ii) Post Office and PTCL
(iii) Others
Finance & Insurance

-2.11
10.25
30.00
-13.62
-33.40
-32.46
19.89
29.61
469.32
7.76
-2.43
-17.99

6.62
0.56
-10.26
-4.05
82.54
-21.70
2.46
3.61
-80.36
35.39
35.33
-23.90

27.19
6.10
34.29
48.74
10.29
46.05
-10.62
9.54
99.67
24.79
-3.69
113.17

-0.35
57.73
-1.06
-6.88
87.37
39.11
64.82
91.45
473.93
-10.93
84.56
-45.54

17.12
-3.24
86.02
16.44
-39.86
-5.78
-1.94
-5.65
-8.94
33.85
-14.15
-15.32

-12.90
0.74
24.00
-22.57
-41.47
-28.96
7.48
19.84
427.63
-0.47
-9.77
-28.01

-10.90
-12.46
-22.58
-15.74
50.54
-31.99
-10.02
-9.85
-82.91
17.80
17.74
-37.24

12.85
-9.49
12.50
29.53
-0.08
26.97
-22.17
-12.41
59.65
-0.22
-22.98
93.00

-7.24
41.62
-3.70
-19.41
74.50
26.17
42.63
82.73
447.92
-14.99
76.15
-49.26

7.26
-12.17
75.00
2.16
-44.42
-12.58
-13.95
-10.28
-13.41
27.28
-18.36
-21.89

(B) General Government


(i) Federal
(ii) Provincial
(iii) Local Bodies

-5.89
13.24
3.07
-45.07

8.79
0.38
10.33
21.92

34.17
10.68
53.67
10.61

-15.55
2.03
-22.61
-14.48

27.07
15.65
36.94
9.59

-17.34
-0.54
-9.47
-51.76

-10.28
-17.21
-9.01
0.55

21.50
0.23
39.16
0.17

-21.33
-4.95
-27.90
-20.33

17.35
6.81
26.47
1.21

II- Public Sector and General Government (A+B)


(A) Public Sector (Autonomous and Semi-Autonomous Bodies)
Agriculture
Mining and Quarrying
Manufacturing
Construction
Electricity Genration & Distribution and Gas Distribution
Transport, Storage and Communication
(i) Railways
(ii) Post Office and PTCL
(iii) Others
Finance & Insurance
(B) General Government
(i) Federal
(ii) Provincial
(iii) Local Bodies

Growth (%)
TOTAL (I+II)

Source: Pakistan Bureau of Statistics

P: Provisional R:Revised

10

Economic Growth, Savings and Investment

2.4 Investment and Savings at Current Prices


(Billion Rupees)
Amount

As % of GDP

Item
Average
FY 1014

2,956.6
323.5
2,633.1
704.1
1,929.0
252.6
2,704.0
(258.9)
(190.5)
(68.4)
2,962.9
2,558.6
404.3
991.4
1,712.5
20,216.2
21,207.6

Gross Total Investment


Changes in Stocks
Gross Fixed Investment
(a)

Public Sector

(b)

Private Sector

Net External Resource Inflow


National Savings
Public Savings
i.
ii.
(b)

General Government
Others*

Private Savings
i.

Household

ii.

Corporate**

Net Factor Income


Domestic Savings
GDP (Market Prices)
GNP (Market Prices)

FY11

2,349.7
237.9
2,111.8
553.9
1,557.9
330.7
2,019.0
(16.1)
(160.8)
144.7
2,035.1
1,737.8
297.3
566.2
1,452.7
14,867.0
15,433.2

2,580.7
292.4
2,288.3
590.5
1,697.8
(18.3)
2,599.0
(526.0)
(409.7)
(116.3)
3,125.0
2,759.5
365.5
820.2
1,778.8
18,276.4
19,096.7

FY12

FY13R

3,022.2
3,276.5
320.7
359.8
2,701.5
2,916.7
751.1
748.5
1,950.3
2,168.2
415.7
241.4
2,606.5
3,035.0
(471.9)
(341.7)
(348.7)
(221.4)
(123.2)
(120.3)
3,078.4
3,376.8
2,677.5
2,927.0
400.9
449.8
1,035.7
1,161.2
1,570.8
1,873.8
20,046.5 22,489.1
21,082.2 23,650.3

FY14P

FY10

FY11

FY12

FY13R

FY14P

3,553.7
406.4
3,147.2
876.6
2,270.6
293.4
3,260.2
61.2
187.9
(126.8)
3,199.1
2,691.0
508.0
1,373.8
1,886.5
25,401.9
26,775.7

15.8
1.6
14.2
3.7
10.5
2.2
13.6
(0.1)
(1.1)
1.0
13.7
11.7
2.0
3.8
9.8

14.1
1.6
12.5
3.2
9.3
(0.1)
14.2
(2.9)
(2.2)
(0.6)
17.1
15.1
2.0
4.5
9.7

15.1
1.6
13.5
3.7
9.7
2.1
13.0
(2.4)
(1.7)
(0.6)
15.4
13.4
2.0
5.2
7.8

14.6
1.6
13.0
3.3
9.6
1.1
13.5
(1.5)
(1.0)
(0.5)
15.0
13.0
2.0
5.2
8.3

14.0
1.6
12.4
3.5
8.9
1.2
12.8
0.2
0.7
(0.5)
12.6
10.6
2.0
5.4
7.4

P: Provisional, R:Revised
* includes: (i) Public Corporations
(ii) Public Enterprises
(iii) Self-Financing by Financial Institutions of Public & General Govt.
(iv) Repayment of Foreign Guaranteed Loans
** Corporate savings are assumed at 2% of GDP (mp), as per past practice.

Source : Planning and Development Division

Investment and Savings at Current Prices


Gross Fixed Investment

National Savings

GFI as % of GDP(RHS)

National Savings as % of GDP(RHS)

3,600

14.5

Billion Rupees

3,200

14.0

2,800
2,400

13.5

2,000

13.0

1,600
1,200

12.5

800

12.0

400
0

11.5

FY10

FY11

FY12

11

FY13

FY14

Percent

(a)

FY10

SBP Annual Report-Statistical Supplement FY 14

2.5 Area, Production and Yield of Important Crops


Area : 000Hectares
Production : 000Tonnes
Yield : Kilogram per Hectares

FY 11

FY 12

FY 14P

FY 13

Crop
Area

Production

Yield

Area

Production

Yield

Area

Production

Yield

Area

Production

Yield

Food Crops
Wheat

8,901

25,214

2,833

8,650

23,473

2,714

8,660

24,211

2,796

9,039

25,286

2,797

Rice

2,365

4,823

2,039

2,571

6,160

2,396

2,309

5,536

2,398

2,789

6,798

2,437

974

3,707

3,806

1,087

4,338

3,991

1,060

4,220

3,981

1,117

4,527

4,053

2,689

11,460

725

2,835

13,595

816

2,879

13,031

770

2,806

12,769

774

988

55,309

55,981

1,058

58,397

55,196

1,129

63,750

56,466

1,173

67,460

57,511

Maize

Fibre Crop
Cotton *

Other Crop
Sugarcane

Growth (%)
Food Crops

Wheat
Rice
Maize

-2.5

8.2

11.0

-2.8

-6.9

-4.2

0.1

3.1

3.0

4.4

4.4

..

-18.0

-29.9

-14.6

8.7

27.7

17.5

-10.2

-10.1

0.1

20.8

22.8

1.6

4.2

13.6

9.1

11.6

17.0

4.9

-2.5

-2.7

-0.3

5.4

7.3

1.8

-13.4

-11.3

2.5

5.4

18.6

12.6

1.6

-4.1

-5.6

-2.5

-2.0

0.5

4.8

12.0

6.9

7.1

5.6

-1.4

6.7

9.2

2.3

3.9

5.8

1.9

Fibre Crop
Cotton *

Other Crop
Sugarcane

Source: Pakistan Bureau of Statistics

P: Provisional
* Production in '000' bales (1 bale = 375 lbs or 170.09711 Kilogram)

12

Economic Growth, Savings and Investment

2.6 Production of Selected Manufactured Goods and Minerals


Average FY 10 14
Manufactured Goods/Minerals

Production Growth%

Manufactured Goods
Cotton Yarn (Thousand Tons)
Cotton Cloth (Million Meters)
Jute Goods (Thousand Tons)
Vegetable Ghee (Thousand Tons)
Cooking Oil (Thousand Tons)
Sugar (Thousand Tons)
Cigarettes (Billion Numbers)
Cement (Thousand Tons)
Pig Iron (Thousand Tons)
Coke (Thousand Tons)
Fertilizers (Thousand Tons)
Urea
Ammonium Nitrate
Nitro-Phosphate
Super-Phosphate
Dia Ammonium Phosphate
Chemicals (Thousand Tons)
Soda Ash
Caustic Soda
Chlorine Gas
Sulphuric Acid
Paper & Board (Thousand Tons)
Cycle Tyres & Tubes (Thousand)
Motor Tyres & Tubes (Thousand)
Tractors (Numbers)
Trucks / Buses (Numbers)
Motorcycle (Thousand Numbers)
Bicycle (Thousand Numbers)
Electric Transformers (Thousand Numbers)
Minerals
Natural Gas (Billion Cubic Feet)
Crude Oil (Million U.S. Barrels)
Coal (Thousand Tons)
Rock Salt (Thousand Tons)
Gypsum (Thousand Tons)
Limestone (Thousand Tons)
China Clay (Thousand Tons)
Chromites (Thousand Tons)
Silica Sand (Thousand Tons)
Dolomite (Thousand Tons)
Magnesite (Tons)
Sulphur (Thousand Tons)
Baryte (Thousand Tons)
P: Provisional

Production

FY11

FY12

FY13

FY14P

FY10

FY11

FY12

FY13

FY14P

5.5
1.1
-12.3
1.6
6.1
32.6
0.0
-8.4
-10.4
-12.0
-8.7
-10.0
-20.5
-17.1
16.1
6.1
-1.9
-7.8
-5.5
-6.3
35.3
1.9
-11.8
-1.7
-1.2
-18.6
17.9
-22.8
-53.3

0.5
0.3
1.1
1.2
5.1
11.2
-4.6
2.9
-42.5
-36.1
1.0
-1.8
57.1
34.1
-33.5
-6.2
-2.1
-1.9
4.1
6.7
-12.7
19.1
9.2
-3.5
-32.0
-4.1
0.5
-24.1
71.4

2.1
0.6
9.6
3.3
12.4
9.5
8.1
5.1
-19.3
5.2
-4.3
-5.7
-7.2
-13.6
-31.3
17.2
-2.0
-1.3
2.2
-6.3
-11.0
16.1
8.7
2.9
5.6
-22.7
1.5
-11.1
8.3

1.6
0.7
-1.0
3.7
2.5
10.0
-4.5
0.8
-55.7
-84.2
16.8
17.0
29.4
53.1
11.4
-5.1
3.7
11.7
-8.7
0.0
-3.4
11.1
8.3
5.2
-32.1
32.2
3.2
-12.0
-57.7

2,953
1,023
100
1,118
333
4,520
65
30,398
291
215
6,154
4,645
395
327
121
667
674
387
177
15
95
537
10,729
28,449
55,226
3,239
1,616
298
21

1.1
0.4
-5.0
2.2
6.2
12.4
-3.1
2.2
-33.4
-29.2
1.6
0.5
11.9
11.2
-11.5
6.0
-1.3
2.6
-6.7
-1.2
-0.9
10.4
4.0
7.3
-8.1
-1.3
14.9
-12.7
-5.6

2,787
1,009
106
1,075
294
3,143
65
31,358
483
343
6,481
5,057
346
304
149
626
693
410
182
16
85
427
10,678
28,825
71,730
4,053
1,389
447
30

2,939
1,020
93
1,092
312
4,169
65
28,716
433
302
5,916
4,552
275
252
173
664
680
378
172
15
115
435
9,413
28,330
70,855
3,300
1,638
345
14

2,955
1,023
94
1,105
328
4,634
62
29,557
249
193
5,978
4,471
432
338
115
623
666
371
179
16
100
518
10,277
27,349
48,152
3,165
1,646
262
24

3,018
1,029
103
1,139
363
5,074
67
31,055
201
203
5,718
4,215
401
292
79
730
653
366
183
15
89
614
11,175
28,133
50,871
2,445
1,675
233
26

3,066
1,036
102
1,181
372
5,582
64
31,303
89
32
6,677
4,930
519
447
88
693
677
409
167
15
86
682
12,100
29,607
34,524
3,233
1,728
205
11

-4.3
-0.8
-22.6
1.4
6.5
-1.5
-14.5
10.5
-38.9
-19.1
3.1
2.8
0.6
-0.7
-20.3
18.1
-4.1
12.3
-25.7
0.0
-12.4
1.4
5.8
33.4
19.3
6.9
51.3
6.4
3.4

1,503
27
3,099
2,046
1,085
35,083
20
157
315
293
5,027
27
78

0.5
6.1
-6.2
1.3
9.2
0.3
2.4
17.4
-5.6
31.2
14.0
7.7
31.0

1,483
24
3,536
1,944
854
37,137
23
257
411
130
5,159
27
57

1,472
24
3,292
1,954
885
32,021
16
148
301
240
4,908
28
32

1,559
25
3,189
2,136
1,260
35,016
22
179
270
198
5,444
26
49

1,506
28
2,813
2,160
1,250
38,932
23
136
356
336
6,305
21
118

1,494
32
2,667
2,034
1,177
32,308
15
64
236
562
3,319
33
135

1.5
-3.9
1.4
6.8
11.9
35.3
185.6
11.1
-48.0
95.5
3.8
-9.5

Growth in Production of Selected Manufactured Goods

35

Cotton Yarn

Sugar

Cement

Fertlizers

-0.7
5.9
-3.4
-0.8
4.17
12.0
14.3
-6.9
-3.1
-11.8
-5.2
0.5
9.3
1.1
-5.8
3.6
42.4
-0.8
-5.8
-13.8
9.4
11.2
-17.0
-30.4
37.5
4.5
-34.8
-42.4
20.9
-24.0
-52.9
-26.8
-10.3
31.9
-33.7
84.6
-17.5
69.7
67.3
-4.9
10.9
15.8
-47.4
3.7
-7.1
-19.2
57.1
-43.9
53.1
140.8
14.4
Sources: Pakistan Bureau of Statistics

Growth in Production of Selected Minerals

Chemicals

Natural Gas

20

30

Coal

Rock Salt

Limestone

15

25

10

20
15

% Growth

% Growth

Growth (%)

FY10

10
5
0

5
0
-5
-10

-5

-15

-10
-15

-20

FY10

FY11

FY12

FY13

FY14

FY10

13

FY11

FY12

FY13

FY14

SBP Annual Report-Statistical Supplement FY 14

2.7 Agriculture Credit Disbursement, Recoveries and Outstanding (Net)


(Million Rupees)
Period

DPBs

MFBs

ZTBL

PPCBL

5 CBs

IBs

Total

Disbursement
5 CBs

FY 11 14(Average)

ZTBL

PPCBL

DPBs

IBs

MFBs

220,000

66,252

36,268

51,826

54,868

120,553

1,527

321,082

200,000

Farm Sector

31,140

30,548

45,997

26,507

71,091

1,501

198,021

180,000

26,087

27,419

43,183

25,727

68,912

1,498

184,848

160,000

Development Loans

2,798

3,129

2,814

780

1,991

10,730

Corporate Farming Loans

2,255

187

2,442

35,111

5,720

5,830

28,361

49,463

26

123,062

Recoveries

63,110

33,544

55,877

53,510

112,321

294

310,049

Outstanding

33,183

46,934

76,385

33,085

62,362

1,323

240,546

Production Loans

Non Farm Sector

Million Rupees

Disbursement

140,000
120,000
100,000
80,000
60,000
40,000
20,000
FY 11

FY 10

FY 12

FY 13

FY 14

FY 11
Disbursement

50,187

65,361

7,162

140,312

263,022

Farm Sector

27,048

59,048

5,822

86,772

178,690

24,092

56,577

5,682

83,971

170,323

Development Loans

1,313

2,470

140

2,301

6,224

Corporate Farming Loans

1,644

499

2,143

23,139

6,314

1,339

53,541

84,332

Production Loans

Non Farm Sector


Recoveries

51,712

72,349

8,656

134,731

267,447

Outstanding

26,189

94,448

8,871

63,800

193,309

Recoveries to Disbursement
5 CBs

ZTBL

PPCBL

DPBs

MFBs

IBs

1.4
1.2

FY 12
60,876

12,115

66,068

8,520

146,271

293,850

Farm Sector

30,850

9,601

58,935

5,844

90,998

196,227

25,790

9,601

55,578

5,676

88,713

185,358

Development Loans

3,203

3,356

168

2,034

8,761

Corporate Farming Loans

1,857

250

2,107

Non Farm Sector

30,026

2,514

7,133

2,676

55,274

97,623

Recoveries

59,023

8,710

70,010

7,969

142,237

287,949

Outstanding

30,963

10,802

97,341

10,577

71,863

221,546

Disbursement

69,130

18,770

67,068

8,304

172,833

336,105

Farm Sector

29,113

14,655

58,951

6,585

90,276

199,581

25,062

14,655

53,531

6,578

86,648

186,473

Development Loans

2,745

5,420

3,628

11,801

Corporate Farming Loans

1,306

1,306

Production Loans

Ratios

1.0

Disbursement

0.8
0.6
0.4
0.2
0.0
FY 10

FY 11

FY 12

FY 13

FY 14

FY 13

Production Loans

Non Farm Sector

40,017

4,115

8,117

1,719

82,557

136,524

Recoveries

66,975

14,219

70,933

9,463

152,774

314,365

Outstanding

33,889

16,330

102,935

10,790

93,036

256,980

Outstanding to Disbursement
5 CBs

ZTBL

PPCBL

DPBs

MFBs

IBs

1.8
1.6
1.4

Ratios

1.2

FY 14

1.0
0.8

Disbursement

84,813

77,920

8,809

195,488

22,796

1,527

391,353

Farm Sector

37,549

67,389

7,054

87,776

16,316

1,501

217,586

29,405

58,002

7,044

84,972

16,316

1,498

197,237

0.4

Development Loans

3,932

9,387

10

2,804

16,136

0.2

Corporate Farming Loans

4,212

4,212

0.0

Non Farm Sector

47,264

10,531

1,754

107,712

6,480

26

173,767

Recoveries

74,730

77,703

10,216

187,951

19,543

294

370,436

Outstanding

41,689

113,671

10,816

102,100

20,749

1,323

290,349

Production Loans

5 CBs: 5 Major Commercial Banks (NBP,HBL,UBL,MCB,ABL)


DPBs: Domestic Private Bank-5CBs
5 MFBs (Micro Finance Banks) included since July-2011 & 2 MFBs since July 2013)
3 Islamic Banks included since July 2013.

14

0.6

FY 10

FY 11

FY 12

FY 13

FY 14

Source: Agricultural Credit & Microfinance Department, SBP

Economic Growth, Savings and Investment

2.8 Holding-wise Agricultural Credit Disbursement


(Million Rupees)

Holding

2010-11

2011-12

2012-13

2012-13
Jul.-Sep.

Farm Sector

Jul.-Dec.

Jul.-Mar.

Jul-Jun.

178,690.28

196,227.06

199,580.63

34,844.48

86,208.56

138,987.85

217,585.55

Subsistence Holding

102,220.60

109,531.25

116,375.50

20,133.70

51,082.76

80,564.82

124,409.89

Economic Holding

50,552.56

54,284.79

53,846.99

9,015.57

21,227.26

35,456.94

54,051.14

Above Economic Holding

25,917.12

32,411.02

29,358.14

5,695.22

13,898.54

22,966.09

39,124.53

84,332.12

97,622.82

136,524.09

35,991.13

73,164.20

116,727.14

173,767.43

30,385.64

32,676.63

55,971.76

14,429.74

31,193.44

51,363.51

72,611.59

Small Farm

13,543.53

20,660.62

32,213.74

12,181.77

24,983.96

41,550.08

58,019.45

Large Farm

16,842.12

12,016.01

23,758.01

2,247.97

6,209.48

9,813.43

14,592.15

50,550.27

60,227.99

72,980.39

19,911.00

38,185.89

59,432.41

85,828.91

Small Farm

6,028.28

8,405.61

8,618.16

19,715.16

37,275.67

58,275.75

83,349.58

Large Farm

44,521.99

51,822.38

64,362.23

195.83

910.22

1,156.66

2,479.33

1,948.03

2,470.97

2,495.94

546.18

1,183.70

1,638.37

2,407.53

Small Farm

546.21

924.93

556.06

545.428

1182.848

1635.623

2399.574

Large Farm

1,401.82

1,546.04

1,939.87

0.75

0.85

2.75

7.96

83.87

133.07

190.42

37.104

72.1

131.275

174.145

Small Farm

83.87

132.88

189.77

37.038

72.034

131.209

173.654

Large Farm

0.20

0.65

0.066

0.066

0.066

0.491

1,364.31

2,114.16

4,885.59

1,067.11

2,529.06

4,161.58

12,745.25

595.35

821.61

1,085.42

1,056.50

2,513.10

4,143.62

12,431.47

768.97

1,292.55

3,800.17

10.61

15.96

17.96

313.77

248,120.48

263,022.40

336,104.72

70,835.62

159,372.76

255,715.00

391,352.98

Non Farm Sector


Livestock Dairy & Meat

Poultry

Fisheries

Forestry

Others
Small Farm
Large Farm
Grand total

Source: Agricultural Credit & Microfinance Department, SBP

Subsistence Holding: upto 12.5 acres in Punjab & Khyber Pakhtunkhwa, upto16 acres in Sindh, upto 32 acres in Balochistan.
Economic Holding: 12.5 to 50 acres in Punjab & Khyber Pakhtunkhwa, 16 to 64 acres in Sindh, 32 to 64 in Balochistan.
Above Economic Holding: above 50 acres in Punjab & Khyber Pakhtunkhwa, above 64 acres in Sindh, & Balochistan.
Small Farm: Upto 150 goats & sheeps, upto 20 animals for cows & buffaloes upto 50 animals for meat cattle, 5000 birds (broilers), 1000 birds
(layers), 2 acres pounds for inland fisheries and one boat exceeding five gross ton capacity for marine fisheries.
Large Farm: Animals in number more than those for Small Farm.

15

SBP Annual Report-Statistical Supplement FY 14

2.9 Land Holding-wise Farm Loan Disbursement


(Amount in Million Rupees)

Period

Size of Farm in Acres


Upto 5

5.1 - 12.5

12.6 - 25

25.1 - 50

50.1 - 100

Above 100

Total

FY 12
Q1
No. of Borrowers
Amount Disbursed
Q2
No. of Borrowers
Amount Disbursed
Q3
No. of Borrowers
Amount Disbursed
Q4
No. of Borrowers
Amount Disbursed

124,552
7,824.33

80,083
9,866.13

19,436
4,754.78

5,094
2,874.31

3,604
2,543.24

1,566
2,197.12

234,335
30,059.90

253,658
10,590.75

77,866
15,077.11

26,351
7,521.39

8,347
4,579.25

3,930
4,113.13

1,372
3,757.11

371,524
45,638.75

166,623
8,135.52

84,899
8,163.67

18,213
5,606.78

49
1,081.09

1,150
2,205.23

502
2,608.43

271,436
27,800.71

315,430
18,297.44

232,976
29,498.54

57,169
17,514.10

22,242
12,635.50

7,491
8,590.77

3,868
6,191.37

639,176
92,727.72

150,244
8,894.38

61,523
9,272.39

18,112
4,315.39

5,174
3,979.62

3,182
3,710.85

1,449
4,319.75

239,684
34,492.37

247232
11,646.02

86494
14,785.58

20143
7,980.85

6490
3,997.66

3644
3,372.54

991
3,521.38

364,994
45,304.02

228,170
13,604.47

118,301
17,520.80

24,568
10,138.13

7,099
4,651.68

3,275
3,191.74

1,032
2,440.23

382,445
51,547.05

281,957
17,347.89

140,383
24,134.12

40,125
12,151.03

15,358
5,941.68

7,571
4,367.81

2,472
4,294.66

487,866
68,237.19

129,636
9,621.23

61,582
9,697.94

18,186
5,136.84

7,361
4,467.75

3,422
3,244.30

1,530
2,676.43

221,717
34,844.48

297,252
14,662.96

113,239
15,114.47

19,758
7,084.42

8,587
5,946.55

4,133
5,267.13

929
3,288.55

443,898
51,364.08

189,514
12,587.95

81,266
15,676.46

23,848
9,311.51

9,071
5,848.16

4,751
5,460.16

1,342
3,895.06

309,792
52,779.29

271,493
18,484.07

145,379
22,844.71

32,044
11,592.67

12,404
10,314.12

5,220
7,556.98

1,239
7,805.15

467,779
78,597.70

FY 13
Q1
No. of Borrowers
Amount Disbursed
Q2
No. of Borrowers
Amount Disbursed
Q3
No. of Borrowers
Amount Disbursed
Q4
No. of Borrowers
Amount Disbursed
FY 14
Q1
No. of Borrowers
Amount Disbursed
Q2
No. of Borrowers
Amount Disbursed
Q3
No. of Borrowers
Amount Disbursed
Q4
No. of Borrowers
Amount Disbursed

Source: Agricultural Credit & Microfinance Department,, SBP


Note: Five Micro Finance Banks ( Khushhali, NRSP Microfinance Bank, First Microfinance, PakOman, Tameer ) included in FY 12 under category of Upto 5 acres.
Two Microfinance Banks ( Waseela & U Microfinance) and Three Islamic Banks ( Meezan, Bankislami &Burj) included in FY 2013-14.

16

Economic Growth, Savings and Investment

2.10 Financing for Fixed Industrial Investment


to Private Sector - Disbursement
(Million Rupees)
Industries
Manufacturing
1) Food Products and Beverages
i. Food Products
a. Sugar Industry
b. Other Food Industry
ii. Beverages
2) Tobacco
3) Textiles
i. Spinning Textiles
ii. Weaving Textiles
iii. Finishing
iv. Readymade Garments
v. Others
4) Tanning and Dressing of Leather
5) Paper & Paperboard, Printing & Publishing
6) Coke & Refined Petroleum
7) Chemical & Chemical Products
i. Fertilizers and Nitrogen
ii. Medicinal & Pharmaceuticals
iii. Other Chemical And Chemical Products
8) Rubber & Plastic Products
9) Non-Metallic Mineral Products
i. Cement
ii. Other Non-Metallic Minerals
10) Basic Metals
11) Fabricated Metal Products Except Machinery & Transport
12) Machinery & Equipment Except Electrical
13) Electrical Machinery, Apparatus and Office Equipments
14) Electronics Industry
15) Transport Industry
i. Motor Vehicles, Trailers and Parts & Accessories
ii. Other Transport Equipment
16) Sports Goods
17) Other Manufactured Goods
Ship Breaking and Waste/Scrape (Junk) etc.
Electricity, Gas and Water Supply
Services & Miscellaneous Industries
Total

Apr-Jun 13

Jul-Sep 13

11,768.30
2,139.27
2,139.27
991.95
1,147.33
308.63
4,092.76
310.46
761.47
942.65
243.39
1,834.79
1.32
3,300.08
1,603.86
100.00
1,098.26
405.60
35.04
42.67
42.67
50.00
132.05
62.62
2,913.39
804.49
15,486.18

11,386.10
3,547.31
3,547.31
3,145.60
401.71
454.14
2,242.57
871.77
862.38
270.56
32.37
205.49
393.28
47.00
689.63
598.91
90.72
80.00
2,803.14
2,483.14
320.00
4.00
153.31
971.72
2,392.17
765.37
14,543.64

Financing
Oct-Dec 13 Jan-Mar 14

Apr-Jun 14

Financing for Fixed Industrial Investment to Private Sector-Disbursment

Food Products and Beverages


Services and Miscellaneous Industries
30,000
25,000

8,000

20,000

6,000

15,000

4,000

10,000

2,000

5,000

0
Apr-Jun 12

Jul-Sep 12

Oct-Dec 12

17

Jan-Mar 13

Apr-Jun 13

Million Rupees

Million Rupees

Textiles
Cement
Total (RHS)
10,000

FY 14

27,362.53
17,359.03
13,691.40
69,799.06
14,897.84
3,542.99
3,086.08
25,074.22
14,897.84
3,542.99
3,086.08
25,074.22
3,197.86
2,237.05
2,511.51
11,092.01
11,699.99
1,305.94
574.57
13,982.21
50.00
300.00
804.14
6,460.93
6,477.77
4,172.14
19,353.41
1,889.54
2,144.75
1,282.85
6,188.91
2,441.13
1,344.72
1,992.48
6,640.71
352.70
650.86
496.07
1,770.19
670.59
164.22
14.49
881.66
1,106.97
2,173.22
386.24
3,871.93
12.50
12.50
112.50
12.00
22.91
540.69
1,040.00
3,646.88
155.62
4,889.49
1,814.17
1,890.58
146.36
4,540.75
1,500.00
1,302.61
2,802.61
37.34
64.00
42.83
743.08
276.83
523.97
103.53
995.06
122.64
292.00
4,033.91
4,528.55
570.00
240.07
203.43
3,816.64
250.00
237.07
203.43
3,173.64
320.00
3.00
643.00
1,475.91
332.49
313.44
2,121.84
291.95
291.95
4.00
153.31
650.00
314.00
676.07
1,640.07
50.00
156.48
206.48
50.00
156.48
206.48
106.03
453.78
289.49
1,821.02
3,072.38
6,121.13
5,847.75
17,433.42
434.20
2,637.26
6,021.39
9,858.22
30,869.11
26,117.42
25,560.54
97,090.70
Source: Statistics & Data Warehouse Department, SBP

SBP Annual Report-Statistical Supplement FY 14

2.11 Flow of Funds Accounts of Pakistan


(Billion Rupees)
Domestic economy

Overall Domestic
Sector

Transactions/ Sectors

FY13

FY14P

General
government
FY14P
FY13

Private sector
FY13

Banking

FY14P

23,756.2

26,741.1

1,379.9

2,535.3

22,376.3

24,205.8

Final consumption

20,725.2

23,493.0

2,465.3

3,047.4

18,259.9

20,445.6

Gross investment

2,916.7

3,147.2

748.5

876.6

2,168.2

2,270.6

359.8

406.4

359.8

406.4

Gross national disposable income (GNDI)

Change in Inventories
Export of goods and non-factor
services
Imports of goods and non-factor
services
Net factor income and private transfers

FY13

Rest of the world

FY14P

FY13

FY14P

-3,045.0

-3,126.4

4,670.9

5,083.3

-976.9

-1,211.0

Private Transfers

-364.5

-405.7

Official transfers

-38.9

-34.7

245.5

305.6

-245.5

-305.6

-1,833.9

-1,388.7

1,588.3

1,083.1

362.1

385.9

-1.7

511.7

100.4

206.1

-362.1

-385.9

98.8

717.9

-1.7

511.7

100.4

206.1

-98.8

-717.9

Foreign Direct investment (FDI)

140.9

167.8

140.9

167.8

-140.9

-167.8

Net foreign borrowing

-42.1

550.1

-40.4

38.3

42.1

-550.1

263.3

-332.0

263.3

-332.0

-263.3

332.0

263.3

-332.0

263.3

-332.0

-263.3

332.0

-18.9

14.9

18.9

-14.9

344.5

116.5

80.3

Non-financial balances (S - I) = CAB


Foreign financing
Non-monetary

Monetary
Change in net foreign assets
(NFA)
Of which: Valuation changes

-1.7

511.7

263.3

-332.0

Domestic financing

1,824.5

856.3

-1,550.8

-1,200.8

-273.8

Monetary

1,446.5

303.0

-1,172.7

-647.4

-273.8

344.5

1,446.5

303.0

43.3

462.8 -1,489.8

-765.8

378.0

553.3

-1,216.0
-378.0

-1,110.2
-553.3

378.0

553.3

-378.0

-553.3

11.0

20.7

-138.0

Domestic credit
Broad money
Non-monetary
Non-bank
Net error and omissions

-116.5

-80.3

P: Provisional

-88.5

1,216.0

1,110.2

10.5

-12.5

Source: Statistics & Data Warehouse Department, SBP

1 For the purpose of flow of funds accounts, banking sector is assumed not to have any nonfinancial transactions - that is, its saving-investment gap is identically equal to zero.
2 Budgetary support including accrued interest
3 CAB: Current Account Balance

Inter-sectoral Financial Assets FY14P

553.3

General Government
Net Foreign Borrowing

Non-Bank Domestic Financing


303.0
511.7

Domestic Bank Financing

Broad Money

Banking

1,110.2

332.0

Private
462.8

Domestic Credit

Rest of the
World

Net Foreign Assets


38.3

167.8

Foreign Direct Investment (FDI)

Net Foreign Borrowing

18

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