Pakistan Economic Growth (2000-2010)

Pakistan Economic Growth (2000-2010)

A: Agriculture:
“Agriculture growth rate over the last seven years:
Table 1.1: Agriculture Growth (Percent)

Year Agriculture Major Crops Minor Crops Livestock Fishery Forestry
2003‐04 2.4 1.7 3.9 2.9 2.0 ‐3.2
2004‐05 6.5 17.7 1.5 2.3 0.6 ‐32.4
2005‐06 6.3 ‐3.9 0.4 15.8 20.8 ‐1.1
2006‐07 4.1 7.7 ‐1.0 2.8 15.4 ‐5.1
2007‐08 1.0 ‐6.4 10.9 4.2 9.2 ‐13.0
2008‐09 4.0 7.3 ‐1.7 3.5 2.3 ‐3.0
2009‐10 (P) 2.0 ‐0.2 ‐1.2 4.1 1.4 2.2
P= Provisional Source: Federal Bureau of Statistics
The average growth rate of agriculture is 3.7 per year in the last seven years. The high sector instability causes the variation between 6.5 percent to 1.0 percent. Major crops contribute in the overall agriculture growth rate dependently. The agriculture growth variation, since 2003-04, is shown in the above table 1.1.

Major crops: The major crops cover the 32.8 percent of agriculture growth rate. In 2005-06, 2007-08 and 2009-10 the major crops growth rate is negative but in 2003-04, 2004-05, 2006-07 and in 2008-09 the growth rate was positive. The growth rate of major crops is -2.0 against the 7.3 of the last year.
Minor crops:
Minor crops cover 11.1 percent of agriculture growth rate. The last two years in

References: 1. http://finance.gov.pk/survey/chapter_10/02_Agriculture.pdf 2. http://www.pakgateway.com/industry/industries-of-pakistan-i.html 3. http://www.pakgateway.com/industry/industries-of-pakistan-ii.html 4. http://www.pakgateway.com/industry/industries-of-pakistan-iii.html 5. http://en.wikipedia.org/wiki/Economy_of_Pakistan#Services 6. http://www.economywatch.com/world_economy/pakistan/export-import.html 7. http://www.economywatch.com/economic-growth/pakistan.html (By Jamshed Ahmed, Student at Forman Christian College Lahore, Pakistan (2009-2013)):-