Measurement of Real National Income in Pakistan

Abstract

The official estimates of real national income of Pakistan by pakistan by industrial origin for the years 1949/50 to 1960/61 are shown in the enclosed Table I. These have been computed by the Central Statistical Office. The estimates are representing the net national product at factor cost and at constant prices. These estimates have been obtained in part by direct valuation of the annual physical volume of primary industries, i.e. agriculture, livestock, fisheries, forestry and mining, at base year prices, and in part by adjustment of base year values of manufacturing industries by quantum indices. The contribution of other sectors has been obtained either by extrapolating the bench mark values by employment indicators or by using current wages and salaries bill.