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The outgoing fiscal year has indeed been an eventful year for Pakistan's economy

  • GDP growth rate of 8.4% in 2004-05 is the fastest pace in two decades 

  • The economic growth exceeded the 8% mark for the fifth time in its history 

  • Pakistan positioned itself as the Second fastest growing economy after China in Asia in 2004-05

  • Largest ever expansion of Private Sector Credit in 2004-05

  • Exit from the IMF Program

Synopsis of Economic Indicators of Pakistan

2003-04 R

2004-05 P
GDP 6.4% 8.4%
Per Capita Income $652 $736
Manufacturing (% change) Rs. million 14.1 12.5
Large Scale Manufacturing (% Change) 12.2 15.4
Construction (% change) Rs. million -6.9 6.2
Mining & Quarrying (% Change) 3.8 5.0
Private Sector Investment (% Change) 9.6 19.3
FDI (US$ Million) 760 891*
R Revised P Provisional

Source: Economic Survey 04-05

*July-April