causes of low per capita income in pakistan?

Answer 1

Pakistan is the sixth most populous country in the world.

Population
- 2004 estimate 165,803,560 (6th)
- Density 206/km² (53rd)

GDP gross domestic product (PPP) 2006 estimate
- Total $424.6 billion (26th)
- Per capita $2,706 (127th)

Pakistan is a slowly developing country which has faced a number of debacles on both political and economic fronts. Despite being a very rich country in 1947, Pakistan's economic growth rate was no better than the global average during the subsequent four decades, but imprudent policies led to an even greater slowdown in the late 1990s.

Answer 2

Pakistan like most developing countries has a multitude of economic problems. First of all Pakistan has the world's sixth-largest population, a relatively small and under developed industrial base and fluctuating agricultural sector. With a per capita GDP of about $2,080 the World Bank considers Pakistan a low-income country, although it is recorded as a "Medium Development Country" on the Human Development Index 2005. Pakistan has a large informal economy, which the government is trying to document and assess. Approximately 50% of adults are literate, and life expectancy is about 64 years or less. The population, about 155 million in 2004, is growing at about 1.96%. In a nut shell, the main problem facing the pakistani economy is to sustain a high rate of economic growth to support its huge population and the high birth rate.

Answer 3

1. High Population
2. Low Income