Pakistan is now ranked as the world’s cheapest country to live in, according to the latest report by the World Bank. Egypt and India follow closely in the second and third spots in terms of living expenses. On the other hand, countries like Nigeria, Libya, Syria, and Kenya have higher living costs. Surprisingly, Turkey also appears among the ten least expensive nations.
This ranking comes despite Pakistan’s complex challenges, including an unstable political environment and economic difficulties such as fiscal deficits, limited tax revenue, and poor infrastructure. These issues make Pakistan’s economic situation intricate. However, despite these challenges, the country’s low cost of living might attract expatriates and people on a tight budget.
This comparison highlights how economic factors affect daily life differently around the world. It encourages us to explore and understand the various aspects that shape living costs and economic situations worldwide.
