Per Capita Income in "Failed State" of Pakistan Up 22% in 2012-2017
Per capita income in Pakistan, often described as a "failed state", grew 22% from 2012 to 2017 , according to data from international sources . This is remarkable given major security challenges and particularly bad press the country has had to deal with during this period. Also remarkable is the fact that the share of income of the poorest 20% has grown faster than other economies in Asia. Pakistan GDP PPP Per Capita. Source: World Bank Per Capita Incomes in Large Economies: China PPP per capita income grew the fastest at 48%, followed by India 43%, Turkey 32%, Indonesia 23%, Pakistan 22%, United Kingdom, United States and Japan 15%, Germany and Canada 13%, France 11%, Saudi Arabia 10%, Greece 9.5%, Russia and Italy 8%, Nigeria 7.5% and Brazil 0%. In the 5 year period 2001 to 2006 prior to the outbreak of the current wave of terrorism, Pakistan per capita income grew 36% , much faster than the 22% in the last 5 years. Thi...