Earnings in Pakistan fall below international norms.

Web DeskDecember 26, 2023
Earnings in Pakistan fall below international norms.

A study conducted by the Pakistan Institute of Development Economics (PIDE) and the United Nations Population Fund (UNFPA) has unveiled significant disparities in work duration, productivity, and earnings among Pakistanis compared to global standards.

The study highlights that individuals in Pakistan spend a relatively shorter span of their lives working compared to counterparts in other nations.

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Moreover, the jobs held by Pakistanis exhibit lower productivity levels and consequently result in reduced incomes, as outlined in the groundbreaking National Transfer Accounts (NTA) study.

An important revelation from the research is the substantial reliance of Pakistan’s economy on unpaid labor, particularly by women, a facet that often goes unnoticed.

This issue has sparked substantial debate globally, given the increasing trend of people working longer and being more productive as they age.

The study’s noteworthy findings also shed light on household spending patterns nationwide. By analyzing the latest dataset, the study scrutinizes household consumption behaviors, encompassing durable and non-durable goods, excluding health and education.

This detailed analysis offers insights into the spending habits of Pakistani households.

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