Positive growth trajectory of Pakistan’s per capita GDP

Islamabad: Pakistan achieved a per capita GDP of $1,680 in FY2024, with projections for FY2025 estimating growth to $2,405, showcasing economic recovery and resilience.

Islamabad’s per capita GDP of $2,996 exceeds several regional benchmarks, including India’s national average of $2,106.

Punjab’s per capita income of $1,713.60 exceeds Pakistan’s national average by 2 percent.

Sindh emerges as a standout, boasting a per capita income of $1748.

Khyber Pakhtunkhwa and Balochistan report $1,388.41 and $1,106 respectively, demonstrating steady progress.

Gilgit-Baltistan and Azad Jammu and Kashmir record per capita incomes of $1,550 and $1,730, reflecting Pakistan’s focus on balanced regional development.

India’s regional disparities reveal stark contrasts, with southern states reporting $3,421 per capita income while Hindutva-dominated northern regions report only $813.

According to the UNDP and Oxford Poverty and Human Development Initiative, India faces the highest global poverty rate, with 234 million people below the poverty line.

Youth unemployment in India reached alarming levels, with the International Labour Organization reporting a rise from 35.2 percent to 65.7 percent.

Pakistan’s economy endured a $150 billion loss over two decades due to foreign-sponsored terrorism, compounded by hosting 4 to 5 million Afghan refugees.

Pakistan’s resilience to external pressures reflects its steadfast commitment to stability and sustainable growth amid ongoing challenges.

Pakistan’s vision for sustainable and inclusive growth offers a roadmap for transforming challenges into opportunities.