Income Per Capita Pakistan

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Income per capita pakistan. The gdp per capita in pakistan is equivalent to 9 percent of the world s average. Gdp per capita current us pakistan india bangladesh from the world bank. The smallest budget per capita exists in the democratic republic of the congo. Pakistan gni per capita for 2019 was 1 530 a 3 77 decline from 2018.

Pakistan s annual household income per capita reached 587 069 usd in jun 2019 compared with the previous value of 650 644 usd in jun 2016. Income velocity and per capita income in pakistan. Per capita income pci or average income measures the average income earned per person in a given area city region country etc in a specified year. Pakistan gni per capita for 2018 was 1 590 a 6 increase from 2017.

1974 75 to 1991 92 the paper under discussion titled income velocity and per capita income in pakistan. Pakistan gdp per capita for 2017 was 1 465 a 7 05 increase from 2016. Ppp takes into account the relative cost of living rather than using only exchange rates therefore providing a more accurate picture of the real differences in income. 1974 75 to 1991 92 is a good attempt towards bridging the gap in the literature on income velocity in pakistan by extending the earlier period of analysis 1950 1973 upto 1991 92.

The gross domestic product per capita in pakistan was last recorded at 1185 50 us dollars in 2019. The data reached an all time high of 650 644 usd in jun 2016 and a record low of 290 069 usd in jun 2005. Average income around the world the worldwide highest income is earned in monaco. Pakistan s human development indicators especially those for women fall significantly below those of countries with comparable levels of per capita income.

The average income is calculated by gross national income and population. This page provides pakistan gdp per capita actual. Pakistan s annual household income per capita data is updated yearly available from jun 2005 to jun 2019 with an averaged value of 508 977 usd. Only 40 percent of the population is literate 28 percent of women compared with 49 percent in south asia and 53 percent in low income countries.

It is calculated by dividing the area s total income by its total population. The table below lists countries in the world ranked by gdp at purchasing power parity ppp per capita along with the nominal gdp per capita. In our comparison over 78 countries the usa comes 9th with an average income of 65 760 usd. Gdp per capita in pakistan averaged 711 18 usd from 1960 until 2019 reaching an all time high of 1197 90 usd in 2018 and a record low of 302 10 usd in 1960.

Pakistan gdp per capita for 2016 was 1 368 a 0 87 increase from 2015. Pakistan gni per capita for 2017 was 1 500 a 5 63 increase from 2016. Per capita income is national income divided by population size.