Standard of living in Pakistan
Encyclopedia
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 125th out of 170 countries, near the lower end of "medium human development."
Despite having a growing middle class numbering over 35 million, 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 while the unemployment rate, as of 2010, lumbered up to an unprecedented 15%. Poor governance and political insecurity have further added to the issues faced by the average citizen.
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...
is a largely developing country
Developing country
A developing country, also known as a less-developed country, is a nation with a low level of material well-being. Since no single definition of the term developing country is recognized internationally, the levels of development may vary widely within so-called developing countries...
and according to the Human Development Index
Human Development Index
The Human Development Index is a composite statistic used to rank countries by level of "human development" and separate "very high human development", "high human development", "medium human development", and "low human development" countries...
, is ranked 125th out of 170 countries, near the lower end of "medium human development."
Despite having a growing middle class numbering over 35 million, a large portion of the country's population remains poor. Poverty
Poverty in Pakistan
Poverty in Pakistan is a continued source of concern. Although the middle-class has grown in Pakistan to 40 million nearly one-quarter of the population is classified poor as of October 2006. As of 2007-08, 17.2% of the total population lived below the poverty line, which is the lowest figure in...
, 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 while the unemployment rate, as of 2010, lumbered up to an unprecedented 15%. Poor governance and political insecurity have further added to the issues faced by the average citizen.
External links
- http://docs.google.com/viewer?a=v&q=cache:ZIZGey9U65AJ:www.lahoreschoolofeconomics.edu.pk/JOURNAL/vol9II/salman-ahmad-final.doc+Standard+of+living+in+Pakistan&hl=en&gl=au&pid=bl&srcid=ADGEESh1d7pVMtQOhhGnlG437PdcqTp0c7YX9Ulodz_o-XNNnVyZ7Nr45bWsGCBrZt9fkAwo8mzdv9uRCczO4U_bLsco0Yz89FuK8iIJu6FeMU5W24CMcx0a55_X0wGvVaqe_WZUdyaE&sig=AHIEtbSMGD8S6oh9E26PP3w4odyZpvfdYwThe Standard of Living in Pakistan --- Better or Worse?]