Why is Pakistan a poor country?

Answer 1

India is developing country and not a poor country. Also it has one of the most promising and resilient economy. One of the main reasons why India is a developing country and not a developed country is because of British colonization which stole many of India's precious resources such as diamonds and gold which India used to have in massive amounts.

However, few hindrances which stops India from becoming a developed country are :-

1) Overpopulation leads to too many demands on limited resources.

2) Corrupt politicians. Rich and educated do not care.

3) Indiscipline. Everyone wants all types of rights without responsibility.

Answer 2

Iran should be one of the wealthiest nations in the world. Due to its large stocks of fossil fuels and some potential good economic opportunities such as reach cultural and historical heritages that could leads to booming tourism or geographical opportunities

or very young population.

but due to the inefficient and corrupt political Dictatorship and historical mistakes now iran is in disappointed situation.

Answer 3

Pakistan faces challenges such as political instability, corruption, lack of education, and limited access to resources, all of which contribute to its economic struggles. Additionally, external factors like global economic conditions and regional conflicts also impact the country's development.

Answer 4

This depends on your definition of 'poor'. In some ways, it is not. Pakistan has a nominal GDP per capita of around $1000. This is 153rd in the world, just ahead of Kenya, Laos and Haiti. In comparison, the U.S. is 10th, the U.K. 23rd, the world in 63rd, China at 98th and India at 143rd.

So, comparitively, yes. Pakistan is a "poor" country. This may be due to 60% of the exports being apparel and textiles. However, Pakistan is widely regarded as the second largest economy in South Asia and a rapidly developing nation. To answer the question, Pakistan is essentially not a poor country.