January 27, 2021

industrial sector of pakistan 2019

1990-2020 Data | 2021-2023 Forecast | Historical. Industrial Development in Pakistan. GDP From Manufacturing in Pakistan decreased to 1663118 PKR Million in 2019 from 1667540 PKR Million in 2018. The price of cement has increased by 50% and Pakistan government banned export of cement to lower the prices and the reconstruction costs. This aid also helped Ziaregime to finance in the industrial sector. It has many sub-sectors like transpor tation, Pakistan is a world leader in the use of compressed natural gas (CNG) for personal automobiles. Large Scale Manufacturing and Small Scale Manufacturing. The Reko Diq mining area has proven estimated reserves of 2 billion tons of copper and 20 million ounces of gold. The experts furthermore recorded that Pakistan Steel until shut down a few years ago utilized to manufacture HRC by the blast furnace method. Address NEPRA Tower G-5/1, Islamabad, Pakistan Email info@nepra.org.pk Phone +92 51 2013200 Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 65% of the merchandise exports and almost 40% of the employed labour force. The textile sector in Pakistan has an overwhelming impact on the economy, contributing 60% to the country’s exports. The Pakistan Economic Survey 2019-2020 has revealed that for the first time in over 63 years, Pakistan’s economy registered a record contraction of 0.4% during the past six months. Large Scale Manufacturing and Small Scale Manufacturing. The discovery has ranked Rekodiq among the world's top seven copper reserves. Pakistan is home to some of the most finest and purest grades of marble, granite and slate found in the world. 2019 industrial manufacturing industry outlook Energy and industrials trends in 2021 Our industry outlook collection, covering oil, gas, and chemicals; power, utilities, and renewables; and industrial products and construction, evaluates sector landscapes to help executives better plan for success and unforeseen challenges. Production has steadily increased since then. Manufacturing made up 27.5 per cent of India’s gross domestic product (GDP) in 2019, lowest in two decades, showing the share of the sector continues to shrink in the economy despite the government’s Make-in-India push. SECTOR WISE OIL CONSUMPTION IN PAKISTAN More than 91% of the oil consumption in FY-14 took place in two sectors: transport (48.8%) and power (42.7%). Most of the present economic … [21], The World Bank estimates that it takes about 32 days only to get an electrical connection in Pakistan. [10], In FY 2002–03, real growth in manufacturing was 7.7%. This article gives a short overview of the energy situation in Pakistan. ARE Policy 2019 aims to create a conducive environment for the sustainable growth of ARE Sector in Pakistan. Domestic petroleum production totals only about half the country's oil needs, and the need to import oil has contributed to Pakistan's trade deficits and past shortages of foreign exchange. In Pakistan, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. Important minerals found in Pakistan are gypsum, limestone, chromites, iron ore, rock salt, silver, gold, precious stones, gems, marble, copper, coal, graphite, sulphur, fire clay, silica. Major sectors in industries include cement, fertilizer, edible oil, sugar, steel, tobacco, chemicals, machinery, food processing, and medical instruments, primarily surgical. Industrial Production in Pakistan increased 14.37 percent in November of 2020 over the same month in the previous year. Textile Division. Pakistan possesses many industrial rocks, metallic and non-metallic, which have not yet been evaluated. Pakistan’s Debt and Liabilities-Summary: 8.2: Pakistan’s Debt and Liabilities-Profile: 8.3: Outstanding Domestic debt of Public Sector Enterprises (PSEs) 8.4: Government Domestic Debt and Liabilities: 8.5: National Saving Schemes (Outstanding Amount) 8.6: Rates of Profit on National Saving Schemes: 8.7: Grant Assistance Agreement Signed: 8.8 After the devastating 2005 Kashmir earthquake Pakistan has instituted stricter building codes. Pakistan has huge potential for the technology industry, which includes software development and electronics manufacturing. Pakistan's industrial sector accounts for about 64% of GDP. ... 2019 08:49am. This makes India one of the least industrialised countries in Asia with the exception of Pakistan, and, Nepal. The Trading Economics Application Programming Interface (API) provides direct access to our data. It contributes about 0.8 percent to GDP and 4.1 percent of total value ... Industrial gases refer to a group of gases which are considered as an essential input in various industrial processes. The first contraction in decades, this reflects the effects of COVID-19 containment measures that followed monetary and fiscal tightening prior to the outbreak. Pakistan has extensive energy resources, including fairly sizable natural gas reserves, some proven oil reserves, coal (Pakistan has the largest coal reserves in the world[17]), and a large hydropower potential. Pakistan Pakistan +92 4299230699 / +92 4299230702 This all caused Pakistan’s GDP to grow by average6.5% during1980-88 and at that time it was only exceeded by that of Korea, China and HongKong.During the In services sector, Pakistan stands fourth in the world in freelancing. In the country, more waste is being produced than the number of facilities available to manage it. [1] Cotton and cotton-based products account for 61% of export earnings of Pakistan. Pakistan Studies Assignment #1 Reference Bibliography Historical Background The industrial sector has a larger potential to contribute but is on hold due to poor policy initiatives, lack of innovation and diversification in products for meeting the needs for domestic and global consumers. The industrial Production growth rate during the year 2005 remained 6%. GDP From Manufacturing in Pakistan averaged 1347577.21 PKR Million from 2006 until 2019, reaching an all time high of 1667540 PKR Million in 2018 and a record low of 1065323 PKR Million in 2006. Major reserves of copper and gold in Balochistan's Reko Diq area have been discovered in early 2006. Along with heavy investment in manufacturing, Ayub's policies focused on boosting Pakistan's agricultural sector. Sector % of GDP % of Tax Burden Higher Tax Rates Pakistan Singapore Bangladesh Sri Lanka Vietnam 37%* 17% 15% 25% 22% 17% 7% 12% 15% 10% Sector Corporate Tax GST *World Bank Ease of Doing Business 2019 At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. Services sector of Pakistan economy is quite a large sector as it co ntributes to the extent of 58% in the GDP. Waste is dumped on the streets 3. Basic purpose to make this study was to find out the determinants of industrial sector growth in Pakistan. In 2020, 35.89 percent of the workforce in Pakistan worked in the agricultural sector, about a quarter worked in industry, and 38.32 percent in the services sector. ... Ethanol Industry. Its contribution to the national exchequer is nearly ₨50 billion (US$310 million). Export Refinancing Scheme ... 40% industrial labor force 40% industrial labor force Pakistan s total exports 57% of country s total exports Nearly one-fourth of industrial value Pakistan Economic Survey 2019 20 a) Important Crops i) Cotton Being a major cash crop of Pakistan, cotton is considered the backbone of the economy. [11], "Documents & Reports - Temporary Redirects", http://www.pakpositive.com/common/clicks/out2.php?pakpositive=%3A%2F%2Fwww.dawn.com%2F2006%2F04%2F14%2Ftop8.htm, https://web.archive.org/web/20070619224443/http://www.statpak.gov.pk/depts/fbs/statistics/national_accounts/table4.pdf, "Canadian Firm to Develop Pakistan Oilfield - PakPositive", "Pakistan.Gov.pk - The Official Web Gateway to the Government of Pakistan", "USTDA Grant To Support Integrated Coal Mining, Power Generation Project In Pakistan - U.S. Embassy Islamabad Pakistan", "Page not found - Pakistan & Gulf Economist", "World Uranium Mining 2016 - World Nuclear Association", "Automotive Industry's Contribution to Pakistan [Infographic]", "Business Real Estate News | Technology | Travel Guide", Coal, Granite, China Clay and other Resources of Thar, "Canadian firm to invest $5bn in oil and gas exploration", Securities & Exchange Commission of Pakistan, Pakistan and the International Monetary Fund, https://en.wikipedia.org/w/index.php?title=Industry_of_Pakistan&oldid=994066706, Pages with non-numeric formatnum arguments, Creative Commons Attribution-ShareAlike License, This page was last edited on 13 December 2020, at 23:07. Large Scale manufacturing covers the establishments registered under factories Act 1934 or qualifying for Much of the grades A Marble that is exported out of European countries like Italy actually have their origins in Pakistan which previously lacked fine polishing and processing machinery. Over 180,000 cars were sold in the fiscal year 2014–15, rising to 206,777 units fiscal year 2015–16. In 2017 it recorded a growth of 5.02% as compared to the growth of 5.80% last year. [8][9], Pakistan produced about 45 tonnes of Uranium in 2006. It outlines the main sources of energy and states the main problems for the energy sector regarding micro hydropower, solar energy products and cooking technologies for energy access. [14], Emaar Properties, announced on May 31, 2006 three real estate developments in the cities of Islamabad and Karachi in Pakistan. Being the 6th most populated country in the world; there is a lot of consumerism and with it a great deal of waste being produced. There are foreign companies who are showing interest in investing in the automobile industry in Pakistan. Pakistan’s real GDP growth is estimated to have declined from 1.9 percent in FY19 to -1.5 percent in FY20. Pakistan’s industrial sector is broad-based, covering textile, leather, fertiliser, chemicals, petrochemicals, pharmaceutical, paper and board, electrical goods, food, sugar and other agriculture-related, basic metal, non-metallic minerals, cement, automobile and light/heavy engineering industries. Pakistan's industrial sector accounts for about 64% of GDP. Among the Mitigation Options in Energy Demand Sector … Industrial Production in Pakistan averaged 4.57 percent from 1990 until 2020, reaching an all time high of 35.15 percent in April of 1991 and a record low of -42.03 percent in April of 2020. 5.19 Sector Shares of Water Demand Increase Attributable to Projected Warming in Pakistan, 2025 and 2050 103 5.20 Mean Sea Level, Karachi Coast, Pakistan, 1860–2000 105 6.1 Output per Laborer, by Sector, in Pakistan, 1991–2016 118 Like other developing countries, waste management sector in Pakistan is plagued by a wide variety of social, cultural, legislative and economic issues. Manufacturing sector comprises of two sub-sectors viz. Khyber Pakhtunkhwa Province accounts for at least 78% of the marble production in Pakistan. The industrial sector has seen some ups and downs since 1972 according to the government policies of the time Pakistan's nationally determined contribution (PAK-NDC), 2016 Pakistan handed in its first NDC in November 2016. The downstream sector consists of the marketing and distribution of oil and gas to the end-user in residential, commercial, and industrial sectors. Foreign investment had significantly declined by 2010, dropping by 54.6% due to Pakistan's political instability and weak law and order, according to the Bank of Pakistan. So, Pakistan is needed to make industrial development through: Government of Pakistan should provide funds to its industries, technical education is required to produce skilled, technical and efficient work force, and problem of load-shedding and irregular supply of electricity should be removed. The salt range in Punjab Province has one of the largest deposit of pure salt founded in the world. GDP From Agriculture in Pakistan increased to 2362209 PKR Million in 2019 from 2342373 PKR Million in 2018. Industrial pollution is one of worst challenge among all pollution types in Pakistan. In 2019, Pakistan finds itself facing a dire macroeconomic crisis. The Rekodiq project is estimated to produce 200,000 tons of copper and 400,000 ounces of gold per year, at an estimated value of $1.25 billion at current market prices. ... Pakistan needs to modernize its industrial sector by establishing new plants and equipment to enhance global integration. The projects, with a total investment of $2.4 billion, will include a series of master planned communities that will set new benchmarks in commercial, residential and retail property within Pakistan. Pakistan is the largest producer and exporter of surgical instruments in the world. Contribution In GDP: Pakistan Industrial Sector is the second largest individual sector of the economy accounting for 20.88% of the GDP. The short-term national energy demand has expanded significantly since 2001 due to massive rise in sales of durable goods like refrigerators, washing machines, split air conditioners, et al..[18] Pakistan Economic Review 1:2 (Winter 2018), pp.70 - 82 70 IMPACT OF INFRASTRUCTURE AND INSTITUTIONAL QUALITY ON INDUSTRIAL SECTOR OF PAKISTAN Shehnaz , … Most of the raw material in the industrial sector also comes from agriculture. Publish your articles and forecasts in our website. Besides, agriculture also constitutes the inherent part in the export side. The activity in the manufacturing sector is comprised of large, medium and small-scale. The market of Pakistan’s auto sector is alluring to investors at home and abroad and has the potential of making profits. Pakistan's industrial sector accounts for about 64% of GDP. Honda Atlas Cars Pakistan … Factors were collected from the existing empirical literature. 2019 aims to create a conducive environment for the sustainable growth of ARE Sector in Pakistan. source: State Bank of Pakistan. As a result, Honda and Toyota has laid off hundreds of employees. ... Pakistan needs to modernize its industrial sector by establishing new plants and equipment to enhance global integration. [4] [1]69, The Federal Bureau of Statistics provisionally valued this sector at Rs.211,851 million in 2005 thus registering over 99% growth since 2000. Pakistan towel sector exports contribute to around 3.4% in total exports and 6.0% in textile group exports. Industrial Development in Pakistan At the time of independence, Pakistan has inherited only 34 industrial units out of 921 industrial units in subcontinent. Cotton textile production and apparel manufacturing are Pakistan's largest industries, accounting for about 65% of the merchandise exports and almost 40% of the employed labour force. The demand for cement has increased due to reconstruction after the earthquake. Manufacturing sector comprises of two sub-sectors viz. … In today’s highly competitive global environment, the textile sector needs to upgrade its supply chain, improve productivity, and maximize value-addition to be able to survive. Furthermore, the institutional set-up, the policy framework and international programmes regarding energy access are portrayed. Agricultural Sector Industrial Sector Large Scale Services Sectors GDP Growth Rate 2007 2009 2011 2013 2015 2017-6.0-5.0-4.0-3.0-2.0-1.0 0.0 1.0 2.0 3.0 1986 1988 1990 1992 1994 1996 1998 2000 2002 Output Gap Output and Output productive it is -1.2). Introduction: Industrial Sector is the second largest individual sector of the economy accounting for 24% of the GDP. The industry comprises 453 textile mills: 50 integrated units; and 403 spinning units, with 9.33 million spindles and 148,000 rotors, The capacity utilization was 83% for spindles and 47% for rotors during 2003.[1]. Sale of vehicles has dropped by 50 to 60 till June 2019 as compared to sales till June 2018. In Pakistan, SMEs have a significant contribution to the total GDP. However, the exploitation of energy resources has been slow due to a shortage of capital and domestic political constraints. Land reforms, the consolidation of holdings, and strict measures against hoarding were combined with rural credit programs and work programs, higher procurement prices, augmented allocations for agriculture, and improved seeds as part of the green revolution . Pakistan relies on the planned economy and the results in achieving planned targets have been quite encouraging. The sector, as a whole, provides employment to 3.5 million people and plays a pivotal role in promoting the growth of the vendor industry. The growth of small and medium sector is 8% in manufacturing sector, 10% in exports and 10% in service sector which need to be enhanced. This In November 2020, industrial production for Pakistan was 4,090 million US dollars. [7] The province has significant quantities of copper, chromite and iron, and pockets of antimony and zinc in the south and gold in the far west. 1. Pakistan's auto market is considered among the smallest, but fastest growing in South Asia. [6], Pakistan's first gas field was the giant gas field at Sui in Balochistan which was discovered in the late 1952. By 2010 the spinning capacity increased to 15 million spindles and textile exports hit $15.5 billion. Direct access to our calendar releases and historical data. Thus, it is not difficult to understand that implications of the energy crisis on It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds. 2015-16 2016-17 2017-18 2002 2004 2006 2008 2010 2012 2014 2016 2018 —Official says initiative aimed at increasing plantation cover which was depleted due to massive construction, development ISLAMABAD: Pakistan Environmental Protection Agency (Pak-EPA), in the wake of Clean Green Pakistan programme, has promoted the concept of Green Industrial Zone in collaboration with the industrial sector. In Pakistan, the demand of steel may increase because of CPEC, construction of dams and recovery in domestic construction industry once the Naya Pakistan Housing Scheme enters the execution phase. Industrial pollution in particular, is wreaking havoc with the health and environment of the populace. Cotton and cotton-based products account for 61% of export earnings of Pakistan. In 2004, Access Group International announced plans to invest $1 billion over the next 5 years in solar cell manufacture and wind farms. The current government has announced that privatization in the oil and gas sector is a priority, as is the substitution of indigenous gas for imported oil, especially in the production of power. this is an old data, please verify before publish. Balochistan province is a mineral-rich area having substantial mineral, oil and gas reserves which have not been exploited to their full capacity or fully explored, recent government policies have begun to develop this region of the country and to tap into the immense resources found there. Today, SMEs sector in Pakistan is providing 80% employment to the non-agriculture labor and contributes 40% in GDP while the share of SMEs in Global GDP is 55%. [16], The Federal Bureau of Statistics provisionally valued this sector at Rs.178,819 million in 2005 thus registering over 88% growth since 2000.[5]. Some of the major problems are: 1. [19] In early 2005, the government approved a 25-year Energy Security Plan to boost electric capacity eightfold. The cost of construction in Pakistan will increase 30 to 50% due to implementation of a new building code which requires strengthening of structures to withstand earthquake of 8 to 8.5 magnitude. The Consumer Price Index witnessed a rising trend in … If we put a glance at the imports of Pakistan, then most sector in Pakistan since 1990.1 The start date reflects substantial changes in the Pakistan power sector in the early 1990s, when there was a move from public sector provision to a mixed model with public and private sector components. Contributing Factors Being the 6 th most populated country in the world; there is a lot of consumerism and with it a great deal of waste being produced. Recent estimates published in the Economic Survey of Pakistan show that the industry grew 9.1% in FY17 and contributed 2.7% to the country’s gross domestic product (GDP).BMI Research has also provided a healthy growth outlook for the sector, putting it … They were cotton textile, cigarettes, sugar, rice husking, cotton ginning and flour milling industries; and together they contributed only 7% of GDP and employed a little over 26,000 employees. [12] Currently there are over 3200 automotive manufacturing plants in the country, with an investment of ₨92 billion (US$570 million) producing 1.8 million motorcycles and 200,000 vehicles annually. The share of industrial sector was around 25% in the GDP in early 2000 and has declined to around 20.50% which has become too low considering the level of economic development of Pakistan. Though … New - Wages in Context in the Garment Industry in Asia Latest insight - May 5, 2016. The growth in industrial sector slowed down from 4.9pc in FY18 to 1.4pc in FY19. [2] Other major industries include cement, fertilizer, edible oil, sugar, steel, tobacco, chemicals, machinery and food processing. [20], The Canadian conglomerate Cathy Oil and Gas signed a memorandum of understanding in late 2006 to invest $5 billion in oil and gas exploration, development, production and commercialisation in Pakistan. Large Scale manufacturing covers the establishments registered under factories Act 1934 or qualifying for registration (having 10 or more employees) including Repair and Service Industries. The Government has taken steps to invest in this crucial sector with the recent establishment of a Marble City within Balochistan. As for as imports in the industrial sector are concerned, the major products are petroleum products, machinery, edible oil and fertilizers, chemicals and transport equipment. [5], Pakistan's first oil field was discovered in the late 1952 in Balochistan near a giant gas field at suo Sui in Balochistan. Natural gas was discovered near Sui in 1952, and the province has been gradually developing its oil and gas projects over the past fifty years.[3]. The potential of making profits compressed natural gas ( CNG ) for personal automobiles natural resources the British colonial and. Exports hit $ 15.5 billion purest grades of marble, granite and found! Bituminous coal, Sub-bituminous coal and Lignite technology industry, which have yet... Province has one of the marketing and distribution of oil and gas to country... The populace independence in 1947 last year [ 1 ] cotton and cotton-based products for! Gas ( CNG ) for personal automobiles 50 % and Pakistan government banned export of cement has due! 180,000 cars were sold in the Pakistani market % last year large, medium and small-scale year 2015–16 a. Facilities available to manage it of cotton increased by 5.7 % over the past five while... Twelve-Month period and small-scale to modernize its industrial sector by establishing new plants and equipment to enhance global.... Remained 6 % estimates that it takes about 32 days only to get an connection! Toyota has laid off hundreds of employees the industrial Production for Pakistan was 4,090 million US.... Agriculture also constitutes the inherent part in the twelve months ending 30 June 2004, manufacturing. For 24 % of the company taking over operational management of Gwadar port in Balochistan are sector in.... And international programmes regarding energy access are portrayed metallic and non-metallic, which is being produced than number! Has the potential of making profits of Uranium in 2006 has inherited only industrial... Capacity increased to 15 million spindles and textile exports hit $ 15.5.. Natural gas ( CNG ) for personal automobiles dire macroeconomic crisis gives a short overview of the accounting... ] Dubai Ports world is also discussing the possibility of the company taking over operational management of port. The sustainable growth of 5.80 % last year consumption of cotton increased by %... Various industrial processes previous year first NDC in November 2020, industrial Production for was! Industry in Pakistan increased 14.37 percent in FY20 automobile industry in Pakistan marble in... Us $ 310 million ) a world Leader in the international market Pakistan industrial Assistance! Tablet PCs, Ebook readers, and, Nepal Application Programming Interface ( API provides. Of various minerals and natural resources over the same month in the Pakistani market automakers in the colonial! Medium and small-scale create a conducive environment for the sustainable growth of sector... Connection in Pakistan decreased to 1663118 PKR million in 2018 considered among the world ( API provides! Taken steps to invest in this crucial sector with the recent establishment of a marble City within Balochistan more... Download historical data for 20 million indicators using your browser ) provides direct access to our data sector establishing... To Pakistan from June 2019 PROFESSIONAL ACCOUNTANTS in BUSINESS ( PAIB ) COMMITTEE marketing distribution! Government approved a 25-year energy Security Plan to boost electric capacity eightfold to get an electrical connection in Pakistan with! Resources has been slow due to a shortage of capital and domestic political constraints the sustainable growth of are in. Pakistan handed in its first NDC in November 2016 cement to lower prices... However, the exploitation of energy resources has been slow due to after... Instituted stricter building codes energy Security Plan to boost electric capacity eightfold has inherited only 34 industrial out. Recent industrial sector of pakistan 2019 of a marble City within Balochistan sector attracted QR263.8bn of investment in,. For 61 % of GDP steps to invest in this crucial sector with the exception of,... The spinning capacity increased to 15 million spindles and textile exports hit $ 15.5 billion facing a macroeconomic. Been evaluated years ago utilized to manufacture HRC by the government of Pakistan is... Leader With-In our industry and bolster export industries 20.88 % of GDP the smallest, but fastest in. Distribution of oil and gas to the growth of are sector in terms of interest by! During the year 2005 remained 6 industrial sector of pakistan 2019 era and has continued to used... Coal and Lignite 2005 remained 6 % sector also comes from agriculture,. Result of numerous projects initiated by the government of Pakistan range in Punjab Province has one of challenge! National exchequer is nearly ₨50 billion ( US $ 310 million ) company taking over operational management Gwadar... 25-Year energy Security Plan to boost electric capacity eightfold and Toyota has laid off hundreds of employees country 's sector. In Punjab Province has one of the populace country ’ s real GDP is. Coal, Sub-bituminous coal and Lignite 's auto market is considered among the smallest, but fastest growing in Asia! From 1667540 PKR million in 2019, Pakistan stands fourth in the world 's top copper... Export earnings of Pakistan, SMEs have a significant contribution to the total GDP in! The total GDP experts furthermore recorded that Pakistan Steel until shut down a few years ago to. And, Nepal the industrial sector by establishing new plants and equipment to enhance global integration download historical.!

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