Empirical Impact of Population, Poverty and Public Education Expenditure on Literacy Rate in Pakistan

Economy of Pakistan suffered by multiple socio-economical issues whereas; development of any country’s economy highly depends on proper utilization of human resource. Education is the important source of human resource development and literacy is the basic component of education. Government of Pakistan took many initiatives to overcome the problem of low access to education. However, there are various factors that affects education scenario in the country. Therefore, this research evaluates the trend in literacy rate in Pakistan and finds out the macro economical issues that influences literacy rate in Pakistan. Study found that in Pakistan literacy rate remain low furthermore, regional and gender discrimination also found in access to education. Empirical results show that high growth in population, poverty and short of government attention (such as insufficient government expending for education sector) are the significant factors for low literacy rate in Pakistan.