Latest Economic Survey Of Pakistan 2022-2023

As everyone knows economy of Pakistan is dwelling, despite the fact that it’s the world’s 24 largest economy of the world that is having a handsome number of manpower. In spite of this, there is a question for everyone Why Pakistan’s economy is weak? The economy of Pakistan always remains a hot topic for essay papers, in this context Economic Survey of Pakistan is crucial to read. To read a complete Economic survey is time so I picked some of the important chunks from the survey. I try my best to extract essential information regarding exams if I still miss something, you can take it from the end of this post.

A Closer Look at the Robust Sectors in Pakistan’s Economy

Per capita income:—
2022:— $1765
2023:— $1568

GDP growth:—
2022:— 6.1%
2023:— 0.29%

Industrial growth:—
2022:— 7.19%
2023:— -2.94% 🔻(negative)

Large-scale manufacturing:
2022:— 10.61%
2023:— -8.11%🔻(negative)

Total GDP:—
2022:— $383 billions
2023:— $341 billions

Exports:—
2022:— $28.83 billions
2023:— $21.2 billions

Remittances:—
2022:— $26.1 billions
2023:— $20.5 billions

FDI:—
2022:— $1.4 billions
2023:— $1.0 billions

Foreign exchange reserves:—
2022:— $8.4 billions
2023:— $4.2 billions

Service sector growth:—
2022:— 6.19%
2023:— 0.86%

Agriculture growth:—
2022:— 4.40%
2023:— 1.55%

CPI inflation:—
2022:— 11%
2023:— 28.2%

Food inflation:—
2022:— 11.8%
2023:— 37.9%

Perishable food inflation:—
2022:— 4.1%
2023:— 47%

Non-perishable food inflation:—
2022:— 13.1%
2023:— 36.4%

The aforementioned Key deductions are from the Economic Survey of Pakistan 2023

■ With only 0.3% economic growth & 38% inflation, the economy has slipped into massive stagflation.

A Complete Survey of Pakistan’s Economy

Here below is the complete survey of Pakistan’s economy which facts and figures are fruitful for the Current affairs paper and the Essay paper.

Economic Survey Of Pakistan

The Economic Survey of Pakistan is not merely a comprehensive annual report card capturing the country’s economic performance. It’s a compelling mirror held up to the nation, reflecting its strides and stumbles in sectors ranging from agriculture to finance, from industries to infrastructure, and much more.
This valuable public document forecasts future trends while parsing current patterns for rich insights into where policy hit a sweet spot and where it left room for improvement. The Economic Survey’s distilled figures invisibly touch Pakistani lives daily – driving governmental decisions that steer employment scenarios, inflation rates or investment environments. Today, understanding these data-backed narratives becomes crucial than ever, pivoting our collective focus towards regional disparities or climate change impacts robustly fronted by the 21st-century economy