ANL 34.80 Increased By ▲ 0.83 (2.44%)
ASC 19.99 Increased By ▲ 0.43 (2.2%)
ASL 25.25 Decreased By ▼ -0.60 (-2.32%)
AVN 94.82 Increased By ▲ 4.61 (5.11%)
BOP 8.52 Increased By ▲ 0.11 (1.31%)
BYCO 12.67 Increased By ▲ 0.13 (1.04%)
DGKC 123.65 Decreased By ▼ -1.06 (-0.85%)
EPCL 47.40 Decreased By ▼ -0.25 (-0.52%)
FCCL 23.60 Decreased By ▼ -0.25 (-1.05%)
FFBL 26.95 Increased By ▲ 0.10 (0.37%)
FFL 18.44 Increased By ▲ 0.38 (2.1%)
HASCOL 10.95 Increased By ▲ 0.05 (0.46%)
HUBC 80.59 Increased By ▲ 0.08 (0.1%)
HUMNL 8.40 Decreased By ▼ -0.17 (-1.98%)
JSCL 22.80 Decreased By ▼ -0.06 (-0.26%)
KAPCO 43.44 Increased By ▲ 0.24 (0.56%)
KEL 4.18 Increased By ▲ 0.06 (1.46%)
LOTCHEM 15.90 Increased By ▲ 0.15 (0.95%)
MLCF 47.30 Decreased By ▼ -0.37 (-0.78%)
PAEL 35.05 Decreased By ▼ -0.05 (-0.14%)
PIBTL 11.68 Decreased By ▼ -0.18 (-1.52%)
POWER 9.90 Increased By ▲ 0.04 (0.41%)
PPL 90.00 Decreased By ▼ -0.06 (-0.07%)
PRL 25.68 Increased By ▲ 0.10 (0.39%)
PTC 12.17 Decreased By ▼ -0.22 (-1.78%)
SILK 1.94 Decreased By ▼ -0.14 (-6.73%)
SNGP 47.01 Decreased By ▼ -0.99 (-2.06%)
TRG 161.60 Decreased By ▼ -0.90 (-0.55%)
UNITY 42.75 Decreased By ▼ -1.46 (-3.3%)
WTL 3.85 Decreased By ▼ -0.01 (-0.26%)
BR100 5,230 Decreased By ▼ -11.3 (-0.22%)
BR30 27,235 Decreased By ▼ -112.49 (-0.41%)
KSE100 47,901 Decreased By ▼ -86.44 (-0.18%)
KSE30 19,259 Decreased By ▼ -65.68 (-0.34%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
22,073
3924hr
Pakistan Cases
950,768
93024hr
2.04% positivity
Sindh
333,194
Punjab
345,251
Balochistan
26,776
Islamabad
82,431
KPK
137,247

imagePakistan per capital income during the fiscal year 2015-16 witnessed a growth of 2.9 percent rising to $1560.7 compared to $1516.8 during the fiscal year 2014-15.

According to local media reports, the figures were revealed at the Pakistan Economic Survey, by Finance Minister Muhammad Ishaq Dar, the minister was of the view that the contributing factors for the increase in per capita income include acceleration in real GDP growth, lower growth in population and the stability of Pak Rupee.

Per capita income is the measure of the average income earned per person in a given area in a specified year. The Per capita reflects average standards of living of people in the country and is one of the most commonly used economic indicators

It is calculated by dividing the area's total income or Gross National Product (GNP) at market prices in dollar term by country’s population size.

Copyright Business Recorder, 2016