• About
  • Advertise
  • Privacy & Policy
  • Contact
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC
No Result
View All Result
No Result
View All Result
Home Economy

44.7% of Pakistanis declared poor under new World Bank poverty line

by Sub News
June 5, 2025
No compromise on water: Bilawal Bhutto warns India over Indus Waters Treaty suspension
Share on WhatAppShare on XShare on Facebook

Islamabad, June 5, 2025: In a significant recalibration of global poverty standards, the World Bank has revised its income-based poverty benchmarks, revealing that 44.7% of Pakistan’s population now falls below the poverty line. The updated metrics also classify nearly 40 million Pakistanis as living in extreme poverty.

The revised poverty threshold for lower-middle-income countries, including Pakistan, has been increased from $3.65 to $4.20 per day. Under this new criterion, approximately 108.95 million Pakistanis—those earning less than Rs1,200 per day—are now officially considered poor.

Previously, Pakistan’s poverty rate stood at 39.8%, but the new benchmark offers a more accurate reflection of current economic hardships and cost-of-living pressures in developing economies. The World Bank clarified that the updated thresholds do not signify a deterioration in living standards, but rather a methodological adjustment to better capture economic vulnerability.

In addition to general poverty, the World Bank has redefined extreme poverty as living on less than $3.00 per day (up from $2.15). Under this measure, 16.5% of Pakistan’s population—around 39.8 million people—are now classified as living in extreme hardship.

The report highlights a key constraint: the absence of updated population data. Due to delays in releasing the latest national census, the World Bank’s poverty estimates are based on 2018–19 household survey data, which may not fully reflect the current situation. Analysts caution that actual poverty figures could be even higher today.

Pakistan remains classified as a lower-middle-income country, but the broader assessment shows widespread economic precarity. Under the upper-middle-income poverty line of $8.30 per day (recently increased from $6.85), an alarming 88.4% of Pakistan’s population earns less, underscoring the severity of income disparities and limited economic resilience.

The new global standards also include the following revised benchmarks:

  • Low-income countries: $3.00/day (up from $2.15)
  • Lower-middle-income countries (like Pakistan): $4.20/day (up from $3.65)
  • Upper-middle-income countries: $8.30/day (up from $6.85)

This revision comes at a time when Pakistan is grappling with high inflation, economic slowdown, and fiscal instability—factors that continue to erode household incomes and living standards.

Tags: $4.20/day44.7% Pakistanis poorIslamabadPakistanPopulationpoverty rateWorld Bank
Previous Post

Shehbaz Sharif arrives in Saudi Arabia for Eid, key meeting with Crown Prince

Next Post

US vetoes UN ceasefire resolution as Israeli strikes kill 95 in Gaza

Related Posts

Prolonged Middle East conflict poses risks to Pakistan’s economy, warns World Bank
Business

Prolonged Middle East conflict poses risks to Pakistan’s economy, warns World Bank

Islamabad, October 22,2026: A prolonged conflict in the Middle East could intensify economic pressures on Pakistan by keeping global energy...

by Sub News
October 22, 2026
Pakistan, Maldives sign MoU to boost trade and investment
Business

Pakistan, Maldives sign MoU to boost trade and investment

Islamabad, October 22, 2026: Pakistan and the Maldives have signed a memorandum of understanding (MoU) to strengthen economic and trade...

by Sub News
October 22, 2026
Romanian Ambassador, Senator Khalil Tahir Sandhu discuss minority rights, EU GSP+ framework
Business

Romanian Ambassador, Senator Khalil Tahir Sandhu discuss minority rights, EU GSP+ framework

Islamabad, October 22,2026: Romanian Ambassador to Pakistan Dr. Dan Stoenescu received Senator Khalil Tahir Sandhu, who represents Punjab in the...

by Sub News
October 22, 2026
Azerbaijan envoy calls for stronger trade and investment ties with Pakistan
Business

Azerbaijan envoy calls for stronger trade and investment ties with Pakistan

Islamabad, October 22,2026: Azerbaijan’s Ambassador to Pakistan Irfan Davudov has called for stronger trade, investment and industrial cooperation between the...

by Sub News
October 22, 2026
Next Post
US vetoes UN ceasefire resolution as Israeli strikes kill 95 in Gaza

US vetoes UN ceasefire resolution as Israeli strikes kill 95 in Gaza

Breaking News

  • Prolonged Middle East conflict poses risks to Pakistan’s economy, warns World Bank
  • Three terrorists killed, seven surrounded in Gwadar operations
  • Sri Lanka break multiple records with stunning 430-run chase against England
  • Sri Lanka pull off record-breaking chase to beat England by two wickets
  • South Africa thrash Australia by an innings to level Test series
Sub News

© 2026 subnewsenglish.com

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Follow Us

No Result
View All Result
  • Home
  • World
  • Diplomatic
  • Sports
    • Cricket
  • National
  • Business
  • Crime & Justice
  • Entertainment
  • Lifestyle
  • Environment
    • CPEC

© 2026 subnewsenglish.com

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.