Average Salary in Pakistan
Pakistan is a country with a rapidly growing population and a diverse economy, which includes industries such as agriculture, textiles, and technology. As a result, the average salary in Pakistan can vary greatly depending on the occupation, industry, and location. In this article, we will explore the average wage in Pakistan in more detail, including the factors that influence it and how it compares to other countries.
Factors that Influence Average Salary in Pakistan
Several factors can have an impact on the average salary in Pakistan, including:
- Education and qualifications: Higher education levels and specialized training can lead to higher-paying jobs.
- Experience: More experienced workers may be able to command higher salaries.
- Industry: Certain industries, such as technology and finance, generally pay higher salaries than others.
- Location: Salaries can vary depending on where a person works, with urban areas generally paying more than rural areas.Average Salary in Pakistan
- Company size: Larger companies may be able to pay higher salaries than smaller ones.
Average Salary by Occupation
According to data from the Pakistan Bureau of Statistics, the average monthly salary for a worker in Pakistan is around 35,000 PKR (approximately USD 220). However, this varies significantly by occupation. Here are some average salaries for different types of jobs:
- Doctor: 160,000 PKR/month (USD 1,000)
- Engineer: 80,000-100,000 PKR/month ($500-USD 625)
- Teacher: 30,000-50,000 PKR/month ($185-USD 310)
- IT Professional: 60,000-80,000 PKR/month ($375-USD 500)
- Sales Representative: 25,000-30,000 PKR/month ($155-USD 185)
Average Salary by Industry
As mentioned earlier, specific industries tend to pay higher salaries than others. Here are some average salaries by industry in Pakistan:
- Banking/Finance: 80,000-100,000 PKR/month ($500-USD 625)
- Information Technology: 60,000-80,000 PKR/month ($375-USD 500)
- Healthcare: 40,000-60,000 PKR/month ($250-USD 375)
- Textiles: 20,000-30,000 PKR/month ($125-USD 185)
Here are the average salaries in Pakistan:
• The average monthly income in Pakistan is approximately PKR 51,651 per month (US$349 at current exchange rates). This includes all jobs from low-income to high-income earners.
• For white-collar jobs, the average salary in Pakistan ranges from PKR 25,000 to PKR 100,000 per month (US$167 – US$667).
• Engineers and IT professionals earn around PKR 50,000 to PKR 150,000 monthly (US$333 – US$1000). These are among the highest-paying jobs in Pakistan.
• Doctors earn around PKR 50,000 to PKR 150,000 monthly (US$333 – US$1000). Specialist doctors can earn up to PKR 250,000 to PKR 500,000 per month (US$1,667-$3,333).
• In entry-level to mid-level roles, Bankers and financial analysts earn around PKR 50,000 to PKR 150,000 monthly ($333-$1000). Senior bankers earn up to PKR 200,000 per month ($1,333).
• Teachers and school administrators earn around PKR 20,000 to PKR 40,000 monthly ($133-$267).
• Manual labour jobs pay as low as PKR 14,000 to PKR 20,000 per month ($93-$133).
• The average CEO salary in Pakistan is around PKR 500,000 to PKR 1,000,000 monthly ($3,333-$6,666).
What is the salary of the top 1% in Pakistan?
The salary of the top 1% earners in Pakistan would be considered high income by Pakistani standards. However, limited data are available on the exact salary figures of the top 1% in Pakistan. Some key points regarding the income of the top earners in Pakistan:
• Pakistan has a very unequal income distribution, with the top 20% of earners taking about 50% of the total income, according to the World Bank.
• In general, the top 1% earners in Pakistan would include senior managers, business owners, high-level professionals and senior government officials. Their monthly salaries range from several hundred thousand Pakistani rupees to over 1 million.
• The overall wealth of the top 1% in Pakistan is much higher than their salaries due to assets like property, businesses, investments, etc. The wealthiest individuals in Pakistan have a net worth of billions of US dollars.
• Data limitations: Government data on income and salaries in Pakistan does not capture the wages of the top earners well. There is also a lack of surveys specifically studying the payment of the top 1% in Pakistan.
• The average salary of all salary earners in Pakistan is around 40,000-50,000 rupees per month, according to various estimates. So the wages of the top 1% would likely be at least several multiples of that figure.
While we cannot pinpoint an exact figure, the salary of the top 1% in Pakistan is estimated to start from several hundred thousand rupees per month and go much higher, reflecting their high-income status in the country.
What is the average salary in India vs Pakistan?
Here is a comparison of average salary levels in India vs Pakistan:
India:
• The average monthly salary in India is around ₹25,000 to ₹30,000 ($330 to $400), though it varies widely depending on the sector, industry and location.
• For white-collar jobs in cities like Mumbai, Delhi, and Bangalore, the average salary is around ₹50,000 to ₹1,00,000 ($660 to $1,330) monthly.
• Tech salaries in India are generally higher, with average wages of ₹10-20 lakh ($13,300-$26,600) per annum for software developers.
Pakistan:
• The average monthly salary in Pakistan is around PKR 50,000 to PKR 60,000 ($270 to $320), roughly half the average Indian salary.
• Salaries in Pakistan also vary significantly based on industry, occupation and location. White-collar jobs in major cities like Islamabad and Karachi pay more.
• Software developers and IT professionals in Pakistan earn average salaries of around PKR 600,000 to PKR 1,000,000 ($3,200-$5,300) per annum.
While average salary levels in both countries are relatively low compared to developed economies, average salaries in India tend to be higher than in Pakistan, though the cost of living is also generally higher in India. The gap appears to be around 50-100% when comparing similar occupations between the two countries.
Average Salary of a Lawyer in India?
Average Salary by Location
Location can also have a significant impact on salary. Here are some average salaries by city in Pakistan:
- Karachi: 40,000-60,000 PKR/month ($250-USD 375)
- Lahore: 35,000-50,000 PKR/month ($220-USD 310)
- Islamabad: 50,000-70,000 PKR/month ($310-USD 435)
Comparison with Other Countries
Compared to its neighbouring countries, Pakistan has a lower average salary, as reported by the International Labour Organization, with an approximate monthly income of USD 220. This figure is considerably lower than that of India and Bangladesh. However, it is crucial to consider that the cost of living in Pakistan is also relatively lower compared to other countries, which may offset the lower average salary.
Is 2 lakh a good salary in Pakistan?
Yes, a salary of 2 lacks (200,000) Pakistani Rupees can be considered a good salary in Pakistan, depending on various factors such as the city or region, the job type, and the individual’s lifestyle.
Pakistan has a relatively low cost of living compared to many other countries, and the cost of living can vary significantly between cities. For example, living expenses in Karachi are generally higher than in smaller towns.
Generally, a salary of 2 lahks per month is considered good in Pakistan, especially for entry-level or mid-level professionals. However, it may not be sufficient for individuals with high expenses or those living in expensive areas. Considering your circumstances and financial goals when determining whether a salary isIs Wd is alwimportant which.
Which salary is good in Pakistan?
What salary is considered good in Pakistan can vary based on several factors, such as the city or region, job type, and the individual’s lifestyle.
Salaries in Pakistan vary widely depending on the industry and job type. For example, a fresh graduate may earn around 30,000 to 50,000 Pakistani Rupees monthly, while experienced professionals can earn up to several lakh rupees monthly.
A salary of Rs. 50,000 to Rs. 100,000 per month can be considered a good salary for entry-level or mid-level professionals in Pakistan, depending on the city or region. In major cities like Karachi, Lahore, and Islamabad, where the cost of living is higher, a salary of around Rs. 100,000 per month or higher may be more suitable for a comfortable lifestyle.
A good salary can also depend on an individual’s lifestyle and expenses. For example, if someone has to support a large family or has significant financial obligations, they may require a higher salary to maintain a comfortable standard of living. Ultimately, what constitutes a good salary in Pakistan will depend on factors specific to each individual’s circumstances.
FAQs
Q1. What is the minimum wage in Pakistan?
A1. The minimum wage in Pakistan varies depending on the province and industry, but it is generally around 17,500 PKR/month (USD 110).
Q2. What is the highest-paying industry in Pakistan?
A2. Banking and finance is generally considered the highest-paying industry in Pakistan.
Q3. What is the average salary for a government job in Pakistan?
A3. The average salary for a government job in Pakistan is around 40,000 PKR/month (USD 250).
Q4. Do salaries in Pakistan vary by gender?
A4. Unfortunately, there is a significant gender pay gap in Pakistan, with women generally earning less than men in the same jobs.
Q5. How does the average salary in Pakistan compare to the global average?
A5. The average salary in Pakistan is significantly lower than the global average of ar und USD 1,480 per month.
Conclusion
After conducting thorough research, it has been observed that salaries in Pakistan may vary significantly owing to a multitude of factors such as job category, industry, geographical location, and more. While certain job positions in domains such as banking and IT tend to offer higher remuneration, other professions may not provide the same level of financial prospects. Nonetheless, it is important to bear in mind that the cost of living in Pakistan is generally less expensive than other countries, which may impact the overall compensation package.
