What percentage of Pakistan is upper class?
What percentage of Pakistan is upper class?
What percentage of Pakistan is upper class?
An unpublished study last year that measured living standards, from Pakistani market research firm Aftab Associates, found that 38% of the country is middle class, while a further 4% is upper class. That’s a combined 84 million people—roughly equivalent to the entire populations of Germany or Turkey.
What is upper class in Pakistan?
People earning above Rs20,000 to Rs100,000 were categorised as belonging to the upper strata of the society by different sets of interviewees.
How big is the middle class in Pakistan?
Using the Pakistan Social and Living Measurement Survey (PSLM) 2007-OX, the magnitude of the middle class in the country, as represented by the “expanded middle class’, is estimated at around 35 percent of the total population. The proposed measure of the middle class has a sense of stability attached to it.
What economic system does Pakistan have?
Pakistan has a mixed economic system with a combination of free-market activity and government intervention. Pakistan is a member of the South Asian Association for Regional Cooperation (SAARC).
How many population of Pakistan is rich?
In 2016, Pakistan had approximately 19.2 thousand millionaires….Number of millionaires in Pakistan from 2006 to 2026 (in thousands)
| Characteristic | Number of millionaires in thousands |
|---|---|
| – | – |
Who is considered middle class in Pakistan?
The middle class in Pakistan can loosely be defined as the section of society that comprises households with a minimum monthly income of Rs50,000. A household on average consists of six members.
How much money is rich in Pakistan?
Pakistanis by net worth
| Rank | Name | Net worth (USD) |
|---|---|---|
| 1 | Shahid Khan | $8.5 billion |
| 2 | Anwar Pervez | $4.6 billion |
| 3 | Mian Muhammad Mansha | $3.7 billion |
| 4 | Sadruddin Hashwani | $3.4 billion |
What is the percentage of rich in Pakistan?
Wealth distribution in Pakistan is slightly varied, with the top 10% of the population earning 27.6% and the bottom 10% earning only 4.1% of the income. Pakistan generally has a low gini co-efficient and therefore a decent distribution of income (relatively lower inequality).
How much money does the elite have in Pakistan?
Islamabad, Pakistan – Economic privileges accorded to Pakistan’s elite groups, including the corporate sector, feudal landlords, the political class and the country’s powerful military, add up to an estimated $17.4bn, or roughly 6 percent of the country’s economy, a new United Nations report has found.
The share of middle-class adults in Pakistan’s total adult population of 111 million was 5.7% in 2015 as opposed to India’s 3% and Australia’s 66% in 2015. Middle-class Pakistani adults constituted 0.9% of the worldwide middle-class population.
How much money does the military get in Pakistan?
The country’s powerful military, which has directly ruled Pakistan for roughly half of its 74-year history, was found to receive $1.7bn in privileges, mainly in the form of preferential access to land, capital and infrastructure, as well as tax exemptions.
Who is the head of UNDP in Pakistan?
In an exclusive interview with Al Jazeera, UNDP’s Kanni Wignaraja says Pakistani leaders have promised action over the damning UN report.