Standard of living in Pakistan
Living conditions in Pakistan
The standard of living in Pakistan differentiates and varies between different classes of society. Pakistan is a largely developing country and according to the Human Development Index, is ranked 147th out of 170 countries, upper side of "low human development."[1]
Despite having a growing middle class numbering over 70 million,[2] a large portion of the country's population remains poor. Poverty, unemployment and a population boom contribute to Pakistan's current social problems. As of 2008, over 17% of the total population was found abjectly living below the poverty line[3] while the unemployment rate, as of 2010, numbered up to an unprecedented 15%.[4] According to the Asian Development Bank (ADB), 24.3% lived below the national poverty line in 2015.[5] Poor governance, political insecurity, and religious persecution have further added to the issues faced by the average Pakistani family. The unemployment rate in Pakistan stood at roughly 6.42 percent. This rate reflects the proportion of individuals without employment within the country's labor force, which includes those who are both capable and willing to work.[6]
See also
References
- ^ United Nations Development Programme, Statistics of the Human Development Report, Human Development Reports
- ^ "The News International: Latest News Breaking, Pakistan News".
- ^ "UNDP Reports Pakistan Poverty Declined to 17%, Under Musharraf | Pakistan Daily". Archived from the original on 2011-07-26. Retrieved 2011-02-23.
- ^ "Pakistan Unemployment rate - Economy".
- ^ van (2021-05-03). "Poverty: Pakistan". Asian Development Bank. Retrieved 2022-01-02.
- ^ Mian, Bakhtawar (2020-06-17). "Number of jobless people to reach 6.65m in 2020-21". DAWN.COM. Retrieved 2023-09-18.
External links
- The Standard of Living in Pakistan --- Better or Worse?
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Economy of Pakistan
- KMI 30 Index
- KSE 30 Index
- KSE 100 Index
- State-owned enterprises
governance,
regulation
- State Bank of Pakistan
- Budget
- Finance ministry
- Pakistani rupee
- Taxation
- Federal Board of Revenue
- Pakistan Bureau of Statistics
- Securities & Exchange Commission of Pakistan
- Numbering system
- Five-Year Plans
- Nationalization
- Privatization
- Corporation
- Islamic economization
- Economic Liberalization
- Medium Term Development Framework
- Periods of stagflation
- National debt of Pakistan
- Pakistan and the International Monetary Fund
- Foreign aid to Pakistan
- Pakistani economic crisis (2022–present)
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- Billionaires
- Businesspeople
- Demography
- Labour force
- Poverty
- Pensions
- Trades unions
- Unemployment
- Central business districts
- I. I. Chundrigar Road
- Blue Area
- Gulberg, Lahore
- Saddar
- Serai Quarter
- Central business districts
- Foreign trade
- International ranking
- Provinces by GDP
- Pakistanis by net worth
- Standard of living
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