Structure of economy

From modest beginnings, Pakistani economy has moved successfully to a low-inflation high-growth trajectory since 2000. The central bank has controlled inflation at around 3% per annum in recent years - a record since 1980.

Over 1,081 patent applications were filed by non-resident Pakistanis in 2004 revealing a new-found confidence.

Agriculture accounted for about 53% of GDP in 1947. While per-capita agricultural output has grown since then, it has been outpaced by the growth of the non-agricultural sectors, and the share of agriculture has dropped to roughly one-fifth of Pakistan's economy.

In recent years, the country has seen rapid growth in industries (such as apparel, textiles, and cement) and services (such as telecommunications, transportation, advertising, and finance).

Structure of production

Share of Various Sectors in GDP
Sector	2000-01	2001-02	2002-03	2003-04	2004-05
Goods (1+2+3+4+5)	48.2	47.3	47.1	47.4	47.6
1. Agriculture	25.1	24.4	24.2	23.3	23.1
2. Mining	1.3	1.4	1.5	1.5	1.4
3. Manufacturing	15.9	16.1	16.4	17.6	18.3
4. Construction	2.4	2.4	2.4	2.1	2.0
5. Energy Distribution	3.4	3.0	2.5	2.9	2.7
Services (6+7+8+9+10+11)	51.8	52.7	52.9	52.6	52.4
6. Transportation & Comm.	11.7	11.5	11.5	11.4	11.1
7. Trade	18.1	18.0	18.2	18.5	19.1
8. Finance & Insurance	3.1	3.6	3.3	3.3	3.7
9. Ownership of Dwellings	3.2	3.2	3.2	3.1	2.9
10. Public Admin. & Defense	6.3	6.5	6.7	6.5	6.0
11. Other Services	9.4	9.9	10.0	9.9	9.6
Note: GDP is estimated at constant factor cost. Figures are in percentage. Source: Economic Survey of Pakistan 2005 Sectoral contribution to GDP Growth Most of the recent acceleration in GDP growth has come from the industrial and service sectors. GDP growth by sector, as a percentage of GDP Sector 2001-02 2002-03 2003-04 2004-05 Agriculture 0.03 1.01 0.53 1.74 Industry — Manufacturing 0.61 1.71 1.08 1.11 2.74 2.31 2.46 2.19 Service 2.47 2.75 3.16 4.16 Real GDP (fc) 3.1% 4.8% 6.4% 8.4% Source: Economic Survey of Pakistan 2005