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Table 1.1: Selected Economic Indicators
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FY17F FY18R FY19P
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Growth rate (percent)
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Real GDP Jul-Jun 5.2 5.5 3.3
Agriculture Jul-Jun 2.2 3.9 0.8
Industry Jul-Jun 4.6 4.9 1.4
o/w LSM Jul-Jun 5.6 5.1 -2.1
Services Jul-Jun 6.5 6.2 4.7
CPI (period average)8 Jul-Mar 4.0 3.8 6.8
Private sector credit b Jul-Mar 9.9 9.1 10.2
Money supply (M2)b Jul-Mar 5.9 4.8 5.1
Exports b Jul-Mar -0.1 11.9 -1.3
Imports b Jul-Mar 14.7 18.8 -3.7
Tax revenue -FBR c Jul-Mar 7.5 16.2 2.8
Exchange rate (+app/-dep%)b Jul-Mar 0.0 -9.2 -13.7
Policy Rate b Mar 5.75 6.0 10.75**
ONMMR (end-period) b* Mar 5.7 5.7 10.0
billion US dollars
SBP's reserves (end- period) b Mar 16.5 11.6 10.5
Worker remittances b Jul-Mar 14.1 14.8 16.1
FDI in Pakistan b Jul-Mar 2.0 2.6 1.3
Current account balance b Jul-Mar -8.0 -13.6 -10.3
percent of GDP1
Fiscal balance'1 Jul-Mar -3.9 -4.3 -5.0
Current account balance Jul-Mar -2.6 -5.7 -4.7
Investment Jul-Jun 16.2 16.7 15.4
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P=Provisional; F= Final; R=Revised * Overnight Money Market Rate ** Effective from April 01, 2019 1 Provisional numbers for FY19 Data sources: a Pakistan Bureau of Statistics; b State Bank of Pakistan; c Federal Board of Revenue; and d Ministry of Finance