In Pakistan, household assets have changed a lot over the years. One of the biggest changes has been the rise of motorcycles. Twenty years ago, only 1 in 10 households owned a motorcycle. But by 2019, this number had jumped to 1 in 2! This is a massive increase in just 1.5 decades, showing how motorcycles have become an essential part of daily life in Pakistan.

Motorcycles are now a common sight on the roads. They are affordable, fuel-efficient, and easy to navigate in busy traffic. Many families prefer motorcycles because they cost much less than cars and provide a convenient way to travel, especially in cities with heavy congestion. For people in rural areas, motorcycles have made life easier by improving access to markets, schools, and healthcare facilities.

There are many reasons behind this increase. Economic growth, rising urbanization, and better financing options have made motorcycles more accessible to the general public. Many banks and companies offer installment plans, making it easier for families to buy a bike without paying the full price upfront. Additionally, fuel prices have increased over time, and motorcycles offer a cheaper alternative to cars.

If you are interested in how household assets like motorcycles, refrigerators, or mobile phones have changed over the years in Pakistan, check out the PSLM Household Expenditures and Consumptions Dashboard by Gallup Pakistan Digital Analytics. This dashboard provides valuable insights into the evolving lifestyle of Pakistani households.

As Pakistan’s economy grows and cities expand, motorcycles will likely continue to be a popular mode of transport. They have already transformed the way people travel, and their impact on daily life will only increase in the years to come.