Islamabad, May 19, 2020
Introduction to the Gallup Data Analytics series on Pakistan Social and Living Standards Measurement data:
This press release is the second part of a special Gallup Data Analytics series that aims to foster an empirical understanding of the social and economic indicators in Pakistan based on data generated by PSLM Surveys.
PSLM is the largest survey in Pakistan conducted every two year by Pakistan Bureau of Statistics. The sample covers over 80,000 households and over 400,000 respondents. The PSLM Survey is designed to be representative at district level for in-depth analysis and for the majority of districts a sample of 1000 respondents has been achieved. Gallup Pakistan Data Analytics team has worked extensively on this data and this series of press releases are our attempt to publicize the great efforts done by hundreds of office bearers of Bureau of Statistics who have travelled far and wide to collect this data.
This particular press release aims to assess the use of foreign remittances and understand the transfers being received and paid out along with various demographic breakdowns to provide further insight into the results.
In Pakistan, foreign remittances refers to inflows of migrants’ and short-term employee income transfers (personal remittances). Remittances in Pakistan decreased to 5627 USD Million in the first quarter of 2020 from 5918 USD Million in the fourth quarter of 2019. Remittances in Pakistan are expected to be 5900.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts’ expectations. In the long-term, remittances in Pakistan are projected to trend around 5600.00 USD Million in 2021 and 5200.00 USD Million in 2022, according to our econometric models. Remittances are a crucial component of the country’s economy and in order to understand these transfers better, we explore them in-depth according to various demographic breakdowns.
A nationally representative sample of men and women from the 10+ population from across the four provinces was asked the following question: “During the last 1 year, did any member of your household receive income in form of remittance?” In response to this question, 7% Pakistanis said yes.