Are Pakistanis really poor?
Not at all, if you look at the per capita consumption and spending patterns. Yes, if you consider the per capita GDP (gross domestic product). When evaluating a country's economy, income and poverty status, the per capita GDP is considered to be the most common indicator. For Pakistan, this indicator is certainly on the lower side and categorises us as a low-income country, and a nation struggling with poverty. However, a deeper dive into the consumption patterns of Pakistanis reveals a more nuanced reality. Despite a relatively low per capita GDP, Pakistanis exhibit consumption behaviours that suggest a higher standard of living than the GDP numbers alone would indicate. The current GDP per capita, in Pakistan, stands around $1,600, which places us among the low-income countries globally. This figure, however, does not fully capture the economic activities and consumption habits of its population.