Driver Overview
This section shows a country’s rank, ranking change and score for each of the eight drivers. It also categorises each country’s driver performance on a scale from “Emerging” (score from 0-20) to “Global Leader” (score from 80-100).
Rank
Score /100
Best practice
Metric Overview
Strengths
Cost to start a business
According to the World Bank, the cost to start a business in Pakistan is 6.9% of income per capita, well below the Lower Middle Income Countries average of 17%. Low start-up costs ease the entry of new firms.
Financial stability
Pakistan’s financial stability is satisfactory and in line with other Lower Middle Income countries.Pakistan has a strong Capital Adequacy Ratio well above minimum regulated level and high liquidity in funds, which can improve the supply of capital for infrastructure.
Private infrastructure investment
Pakistan needs to maintain the flow of private capital into infrastructure projects, particularly given the long-term impacts of the COVID-19 pandemic are yet to be determined. Increasing private infrastructure investment can bring greater cost discipline, innovation and value to money.
Top Performing Metrics
Top Performing Metrics
This is defined by the metrics with the highest unweighted score out of 100.
Permits:
Cost to start a business
Financial markets:
Financial stability
Activity:
Private infrastructure investment
Opportunities to Grow
Registering property
According to the World Bank, it takes an average of 105 days to register a property. In 2019, Pakistan improved the process of registering a property by increasing the transparency of the land administration system, which is expected to improve this score over the foreseeable future.
GDP per capita
Pakistan’s GDP per capita was USD 1,388 in 2019, growing at a long term rate of 3.7%. Pakistan’s funding capacity for major infrastructure spending is limited by its low GDP per capita and this could be further impacted by the COVID-19 pandemic.
Political stability and absence of violence score
Pakistan has the lowest level of political stability among all InfraCompass 2020 countries. Government instability impedes governance and economic reforms, and can deter investors from committing capital to long-term infrastructure projects.
Metrics to Improve
Metrics to Improve
This is defined by the metrics with the lowest weighted score out of 100, such that these metrics would have the greatest impact on the overall score.
For metrics that have binary outcomes (yes=100/no=0), no comparative income group average is reported.
Permits:
Registering property
Funding capacity:
GDP per capita
Detailed Data
This section shows country data for each of the 41 metrics. The figures in brackets denote the change in score since InfraCompass 2017.
Note that all data has been normalised on a scale of 1-100. For raw metric data, please download the complete InfraCompass 2020 dataset.
Where relevant, some metric scores have been inverted, such that all metrics have positive relationships with good infrastructure outcomes. For example, since lower compliance costs make it easier to invest in infrastructure, the normalised value of ‘number of procedures to start a business’ has been reversed such that lower number of procedures are scored closer to 100, and higher numbers closer to 0. In other words, a score of 0 indicates a poor performance, rather than 0 number of procedures.
28.2%
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
20.7%
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
18.1%
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
15.1%
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
12.8%
Political stability and absence of violence score
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
5%
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Pakistan
Lower-middle Income Countries Average
Description
The recovery rate is recorded as cents on the dollar recovered by secured creditors through reorganisation, liquidation or debt enforcement (foreclosure or receivership) proceedings.
Weighting (% of Driver)
28.2%
Source Link
Description
World Governance Composite Indicator reflecting perceptions of the extent to which agents have confidence in and abide by the rules of society, and in particular the quality of contract enforcement, property rights, the police, and the courts, as well as the likelihood of crime and violence. The rule of law reflects whether the law imposes limits of power on the state, private sector and individuals.
Weighting (% of Driver)
20.7%
Description
Whether the country conducts post-completion reviews on infrastructure projects to ensure the forecast outcomes are being achieved.
Weighting (% of Driver)
18.1%
Source Link
Description
Measures the governance practices that protect shareholders through three dimensions: the extent of shareholder rights index (shareholders’ rights and role in major corporate decisions), the extent of ownership and control index (governance safeguards protecting shareholders from undue board control and entrenchment), and the extent of corporate transparency index (corporate transparency on ownership stakes).
Weighting (% of Driver)
15.1%
Source Link
Description
Measures perceptions of the likelihood of political instability and/or politically-motivated violence, including terrorism. Estimate gives the country's score on the aggregate indicator, in units of a standard normal distribution i.e. ranging from approximately -2.5 to 2.5.
Weighting (% of Driver)
12.8%
Description
Whether an infrastructure agency exists to coordinate an integrated approach to infrastructure delivery and policy.
Weighting (% of Driver)
5%
Source Link
Country Overview Data
1,564 USD
Population222.6 million persons
55.6 (0-100 best)
Infrastructure investment3.4% of GDP
Infrastructure gap1.1% of GDP
284.2 USD billion
GDP growth rate3.3%
GDP per capita growth rate-11.3%
Gini coefficient33.5 (0-100 worst)
Gross Government Debt77.0% of GDP
Inflation rate7.3%
Summary credit rating25.0 (0-100 best)
Unemployment rate3.0%
Urbanisation ratio37.0% of total population
Road connectivity80.2 (0-100 best)
4.0 (1-7 best)
Efficiency of train services3.8 (1-7 best)
Efficiency of air transport services4.2 (1-7 best)
Efficiency of seaport services4.1 (1-7 best)
Electricity access73.6% of population
Electricity supply quality15.6% of output lost
Exposure to unsafe drinking water71.7% of population
Reliability of water supply4.0 (1-7 best)
Digital Adoption Index0.4 (0-1 best)
Mobile-broadband subscriptions29.2 per 100 population
Fixed-broadband Internet subscriptions0.9 per 100 population