2019 – A year for positive momentum (Facts & Figures)

Pakistan: Economic Targets & Projections
Details	FY18	FY19
		Target	SBP Projections
Percent growth
Real GDP	5.8	6.2	4.7 – 5.2
CPI (average)	3.9	6	6.5 – 7.5
Billion US$
Remittances	19.6	21.2	20.0 – 21.0
Exports (fob)	24.8	27.9	27.0 – 28.0
Imports (fob)	55.8	58.5	59.5 – 60.5
Percent of GDP
Fiscal deficit	6.6	4.9	5.0 – 6.0
Current a/c deficit	5.8	4	5.0 – 6.0
Source: SBP

World Economic Outlook Projections (% change unless noted otherwise)
Details	Year over Year
	Estimate		Projections		April 2018 WEO Projections		Q4 over Q4
							Estimate	Projections
	2016	2017	2018	2019	2018	2019	2017	2018	2019
World Output	3.2	3.7	3.9	3.9	0	0	4	3.8	3.8
Advanced Economies	1.7	2.4	2.4	2.2	–0.1	0	2.6	2.4	1.9
United States	1.5	2.3	2.9	2.7	0	0	2.6	3	2.4
Euro Area	1.8	2.4	2.2	1.9	–0.2	–0.1	2.8	1.9	2
Germany	1.9	2.5	2.2	2.1	–0.3	0.1	2.9	2.1	1.9
France	1.1	2.3	1.8	1.7	–0.3	–0.3	2.8	1.4	1.8
Italy	0.9	1.5	1.2	1	–0.3	–0.1	1.6	0.9	1.2
Spain	3.3	3.1	2.8	2.2	0	0	3.1	2.5	2.2
Japan	1	1.7	1	0.9	–0.2	0	2	1	–0.6
United Kingdom	1.8	1.7	1.4	1.5	–0.2	0	1.3	1.5	1.5
Canada	1.4	3	2.1	2	0	0	3	2.1	1.9
Other Advanced Economies	2.3	2.7	2.8	2.7	0.1	0.1	2.9	2.9	2.7
Emerging Market and Developing Economies	4.4	4.7	4.9	5.1	0	0	5.2	5	5.4
Commonwealth of Independent States	0.4	2.1	2.3	2.2	0.1	0.1	1.5	2.4	2.1
Russia	–0.2	1.5	1.7	1.5	0	0	1.1	2.2	1.9
Excluding Russia	1.9	3.6	3.6	3.7	0.1	0.1	. . .	. . .	. . .
Emerging and Developing Asia	6.5	6.5	6.5	6.5	0	–0.1	6.7	6.5	6.5
China	6.7	6.9	6.6	6.4	0	0	6.8	6.5	6.3
India	7.1	6.7	7.3	7.5	–0.1	–0.3	7.5	7.4	7.8
ASEAN-5	4.9	5.3	5.3	5.3	0	–0.1	5.4	5.3	5.4
Emerging and Developing Europe	3.2	5.9	4.3	3.6	0	–0.1	6.1	2.1	5.9
Latin America and the Caribbean	–0.6	1.3	1.6	2.6	–0.4	–0.2	1.7	1.7	2.6
Brazil	–3.5	1	1.8	2.5	–0.5	0	2.2	2.3	2.4
Mexico	2.9	2	2.3	2.7	0	–0.3	1.5	2.8	3
Middle East, North Africa, Afghanistan, and Pakistan	5	2.2	3.5	3.9	0.1	0.2	. . .	. . .	. . .
Saudi Arabia	1.7	–0.9	1.9	1.9	0.2	0	–1.4	2.8	2
Sub-Saharan Africa	1.5	2.8	3.4	3.8	0	0.1	. . .	. . .	. . .
Nigeria	–1.6	0.8	2.1	2.3	0	0.4	. . .	. . .	. . .
South Africa	0.6	1.3	1.5	1.7	0	0	1.9	1.5	1.1
Memorandum
Low-Income Developing Countries	3.5	4.7	5	5.3	0	0	. . .	. . .	. . .
World Growth Based on Market Exchange Rates	2.5	3.2	3.3	3.3	–0.1	0	3.4	3.2	3.1
World Trade Volume (goods and services)	2.2	5.1	4.8	4.5	–0.3	–0.2	. . .	. . .	. . .
Advanced Economies	2.2	4.2	4.3	4	–0.5	–0.2	. . .	. . .	. . .
Emerging Market and Developing Economies	2.2	6.7	5.7	5.4	0.2	0	. . .	. . .	. . .
Commodity Prices (U.S. dollars)
Oil	–15.7	23.3	33	–1.8	15	4.7	19.6	22.5	–6.4
Nonfuel (average based on world commodity export weights)	–1.5	6.8	6	0.5	0.4	0	1.9	7.6	–0.3
Consumer Prices
Advanced Economies	0.8	1.7	2.2	2.2	0.2	0.3	1.7	2.4	2.2
Emerging Market and Developing Economies	4.3	4	4.4	4.4	–0.2	0.1	3.5	4	3.7
London Interbank Offered Rate (percent)
On U.S. Dollar Deposits (six month)	1.1	1.5	2.6	3.5	0.2	0.1	. . .	. . .	. . .
On Euro Deposits (three month)	–0.3	–0.3	–0.3	–0.1	0	–0.1	. . .	. . .	. . .
On Japanese Yen Deposits (six month)	0	0	0	0.1	0	0	. . .	. . .	. . .

 

Automobile Production In Pakistan
	Growth
	FY16	FY17	FY18	FY17	FY18
All Cars	179,944	186,936	217,774	3.9	16.5
Cars <800 cc	66,957	57,842	69,078	-13.6	19.4
Cars between 800-1000 cc	26,276	35,313	49,848	34.4	41.2
Cars >1000cc	86,711	93,781	98,848	8.2	5.4
Trucks	5,666	7,712	9,187	36.1	19.1
Buses	1,070	1,118	784	4.5	-29.9
Light commercial vehicles	35,836	24,265	29,055	-32.3	19.7
Sports utility vehicles	773	3,530	13,364	356.7	278.6
Tractors	34,914	53,975	71,894	54.6	33.2
Motorbikes	1,362,096	1,632,965	1,926,688	19.9	18.0