Brain Drain! 119% Increase in Highly Skilled People Leaving Pakistan in 2023 – Startup Pakistan

The Economic Survey for 2023-24 highlights a significant rise in Pakistan’s brain drain, with more highly skilled professionals leaving the country for jobs abroad. The number of these professionals increased sharply from 20,865 in 2022 to 45,687 in 2023, marking a 26.6% jump.

Punjab saw the highest number of people departing, with 489,301 leaving the province. Khyber-Pakhtunkhwa followed with 210,150 departures, Sindh with 72,382, and the Tribal Areas with 36,609.

Experts attribute this trend to limited job opportunities and the ongoing political and economic instability that has plagued the country since late 2021. They argue that these conditions are pushing talented individuals to seek better prospects overseas.

The situation is exacerbated by the fact that nearly half of Pakistan’s industrial units are either closed or operating at reduced capacity. This decline in industrial activity is due to poor governance and financial mismanagement, further limiting job opportunities for skilled professionals within the country.

As a result, many of the country’s brightest minds are choosing to leave in search of more stable and lucrative opportunities abroad. This brain drain represents a significant loss for Pakistan, as it struggles to retain the talent needed to drive economic growth and development. The departure of these skilled professionals not only affects the individuals and their families but also has broader implications for the country’s economic and social fabric.

The government faces a critical challenge in addressing the root causes of this brain drain. Efforts to improve governance, stabilize the economy, and create more job opportunities will be essential to stem the tide of talent leaving the country. Without such measures, Pakistan risks losing even more of its skilled workforce, which is crucial for the nation’s future progress and prosperity.