Income Of Upper Class In Pakistan

According to the bank to be a member of the middle class in 2015 a pakistani adult must have a wealth of at least 14 413.

Income of upper class in pakistan. Their real income does not exhibit the same stability as that of upper middle class and can vary considerably over time. Pakistan has still a class system in which on top are filthy rich land lords mill owners and high level bureaucrats. We live in houses like these. As far as the lower middle class goes it s a hard struggle to avoid falling into the lower strata of the society.

Jawaid abdul ghani ksbl 2014 with updated results. A household on average consists of six members. Guess i am eligible to answer. The source data set is pslm 2014.

Dad is an educated person and parents have been married for 25 years. Their monthly income could range from one million to 100 million. Economic life chances including standards of living. The middle class definition is consumption of 4 per day per person using ppp constant 2005 dollars.

Addressing challenges to the estimate. For middle class cut off was rs50 000 to rs100 000 and less. Please note that i didn t say salary but i said income. In classes such as upper class middle class upper middle class lower class.

Based on the relationship of people to income generating resources or assets class becomes a relational rather than a gradational concept. The middle class in pakistan can loosely be defined as the section of society that comprises households with a minimum monthly income of rs50 000. The research study to cite is the emerging middle class in pakistan. Figures for income level of rs4 000 and less to as much as rs20 000 were quoted to be the cut off level for the lower class.

The report named a. How it consumes earns and saves dr. Estimating the middle class in pakistan durr e nayab. The middle class consists of professionals like doctors it experts and lawyers.

The middle class in pakistan is hardly two percent of the total population while 97 6 percent is poor or low income class recent report by pew research centre said. So here is a typical upper middle class person who has lived in urban middle class family all her life. Interestingly even though pakistan has 5 7 of their adult population as middle class only 0 9 pay income tax i.