Per capita income of Pakistan increases to $1641

ISLAMABAD: Per capita income of Pakistan during financial year 2017-18 increased by 0.5 percent to $1641, according to Economic Survey released by the federal government on Thursday.

As per Pakistan Bureau of Statistics, per capita income during 2017-18 is Rs. 162,230 ($1641) based on provisional figures of Population Census 2017 held in March 2017 i.e 207,774,520.

The revised series of per capita income will be compiled after finalization of 6th Housing and Population Census results.

Per capita income is one of the most widely used measures of the general well being in an economy.

It is computed by dividing Gross National Income (GNI) by population while GNI is obtained by adding Net Factor Income from abroad in GDP at market price.