Vehicles in Pakistan: Over Half of All Households Own Motorcycles in 2019

[RiazHaq]

https://www.riazhaq.com/2019/06/vehicles-in-pakistan-over-half-of-all.html

Private vehicle ownership in Pakistan has risen sharply over the last 4 years. More than 9% of households now own cars, up from 6% in 2015. Motorcycle ownership has jumped from 41% of households in 2015 to 53% now, according to data released by Federal Bureau of Statistics (FBS) recently. There are 32.2 million households in Pakistan, according to 2017 Census.


Vehicle Ownership in Pakistan. Source: PBS

Total number of vehicles registered in Pakistan increased 9.6% to 23,588,268 in 2018, up from 21,506,641 vehicles in 2017. Of all the vehicle categories, motorcycles saw the biggest increase of 11.5% reaching 17,465,880. Cars, jeeps and station wagons rose 5.3% reaching 3,043,593. Trucks surged to 277,416 and buses to 236,461, according to Pakistan Today.

Pakistan is now the 5th largest motorcycle market in the world after China, India, Indonesia and Vietnam. With 7,500 new motorcycles being sold everyday, Pakistan is also the among the world's fastest growing two-wheeler markets. Passenger car and motorcycle sales in Pakistan have both been soaring at rates of over 20% a year until recently.



Motorcycle ownership data is yet another confirmation of the fact that the majority of the households in Pakistan now belong to the middle class, a first in Pakistan's history. This was first reported in 2015 research done by Dr. Jawaid Abdul Ghani of Karachi School of Business and Leadership (KSBL).

It's an important tipping point that puts Pakistan among the top 5 countries with fastest growing middle class population in Asia-Pacific region, according to an Asian Development Bank report titled Asia's Emerging Middle Class: Past, Present, And Future. The ADB report put Pakistan's middle class growth from 1990 to 2008 at 36.5%, much faster than India's 12.5% growth in the same period.


Related Links:

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The State of Pakistan's Social Sector

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Pakistan's Trillion Dollar Economy Among World's Fastest Growing

Pakistan: A Majority Middle Class Country

Karachi School of Business and Leadership

State Bank: Pakistan's Actual GDP Higher Than Officially Reported

College Enrollment in Pakistan

Musharraf Accelerated Development of Pakistan's Human and Financial Capital

China-Pakistan Economic Corridor

https://www.riazhaq.com/2019/06/vehicles-in-pakistan-over-half-of-all.html

 

[war&peace]

It also shows that more than 30% of households have cars.

 

[313ghazi]

Vehicle ownership is a good way of measuring the economic situation of a country, but I'd also like to think of this in a different way. We currently have quite low vehicle ownership, if we invest in clean, reliable, cheap public transport we could keep cars off the road and have people travel in a more green manner.

I propose digitised transport cards. 1 card to use in buses, trains, even taxis and rickshaws.

 

[war&peace]

Stockholm local traffic system is a good model. Here you can buy monthly and quarterly cards. Cards can be personal or impersonal (transferrable i.e. anyone can use it any given time) that work on all metro buses, underground trains (tunnelbana), commuter trains, trams and even on local ferries ( ferries only in summers). The system is efficient that people prefer public transport over their cars.

 

[JonAsad]

Bhai logo CD 70 or 125 say kuch oper bhi jao -

 

[Verve]

Bhai logo CD 70 or 125 say kuch oper bhi jao -

Practical and economical to go above? Pakistanis buy these bikes as a necessity so no need to get a 250cc upwards bike. Bigger engine bike, more running costs.

We had a Honda 100cc back in the 80s and 3 of us brothers learnt to ride on it, and owned it for over 15 years! Thoroughly enjoyed it riding in city and then gifted it with less than 30k on it.

I have a 125cc adventure bike in UK. I don't need a bigger bike because it's pointless for me to ride a heavy a** 200kg+ bike off-road/dirt/gravel tracks. 130kg chuckable 15bhp 125cc 90mpg 75mph bike is good enough. I can afford a bigger 700cc Yamaha Tenere but it's a waste of money for me.

Again, practical and economical. Pakistanis don't need to upsize and spend more on something they don't really need.

 

[Fawadqasim1]

Practical and economical to go above? Pakistanis buy these bikes as a necessity so no need to get a 250cc upwards bike. Bigger engine bike, more running costs.

We had a Honda 100cc back in the 80s and 3 of us brothers learnt to ride on it, and owned it for over 15 years! Thoroughly enjoyed it riding in city and then gifted it with less than 30k on it.

I have a 125cc adventure bike in UK. I don't need a bigger bike because it's pointless for me to ride a heavy a** 200kg+ bike off-road/dirt/gravel tracks. 130kg chuckable 15bhp 125cc 90mpg 75mph bike is good enough. I can afford a bigger 700cc Yamaha Tenere but it's a waste of money for me.

Again, practical and economical. Pakistanis don't need to upsize and spend more on something they don't really need.

I bought a Kawasaki gto 125 in 1984 for RS 15600 it was my first bike I lived in Abbottabad at that time a hilly area it had some problem with its first two gears so I sold it and bought a Yamaha 100 for 13000 I remember the prices the fun i had with that bike is unimaginable.I and my friend younis gill mapped the whole hazara on its back remembering good old days.wow

 

[Pakistansdefender]

Ppp government has increased a tax on motorcycle from 1000 to 4500.
Shame on this media not even highlighting any of this .
Poor Sindhis specially from karachi or let me say only from karachi are crushed. They pay tax and get nothing in return. Nothing was kept for karachi in the budget . Nothing.
They even put tax on parking tickets.

 

[Verve]

I bought a Kawasaki gto 125 in 1984 for RS 15600 it was my first bike I lived in Abbottabad at that time a hilly area it had some problem with its first two gears so I sold it and bought a Yamaha 100 for 13000 I remember the prices the fun i had with that bike is unimaginable.I and my friend younis gill mapped the whole hazara on its back remembering good old days.wow

Good old days indeed ...

 

[Fawadqasim1]

Good old days indeed ...

Yes absolutely people say it's selective nostalgia and we aggrandise our past but it's not they were good care free old days.

 

[Verve]

Yes absolutely people say it's selective nostalgia and we aggrandise our past but it's not they were good care free old days.

Cycled half of Faisalabad before getting hands on the motorbike ... Parents didn't worry either as safety was good and not many cars on road back then either. Amazing time.

 

[Abdussamad]

It's because of the lack of public transport. The state has abdicated its responsibilities in this area as well so people have to buy their own vehicles. This contributes to pollution and a higher oil import bill as well.

 

[The Accountant]

I think the numbers are incorrect and are also including scrapped vehicles.