The pursuit of the latest technological marvels often comes at a steep price, both figuratively and literally. In the case of Pakistan, aspiring iPhone owners are confronted with a staggering financial hurdle.
iPhone, a challenging task for Pakistanis
On average, Pakistanis find themselves in the unenviable position of having to allocate a whopping 816% of their monthly income to lay claim to the coveted iPhone 15 Pro Max. This puts Pakistan slightly ahead of Egypt at 821%, yet significantly behind Nigeria at 754%, in terms of the income-to-iPhone affordability ratio.
📱How much of a monthly salary you need to spend to afford an iPhone 15 Pro Max 256GB:
🇪🇬 Egypt: 821%
🇵🇰 Pakistan: 816%
🇳🇬 Nigeria: 754%
🇻🇪 Venezuela: 655%
🇮🇷 Iran: 397%
🇵🇭 Philippines: 392%
🇮🇩 Indonesia: 361%
🇹🇷 Türkiye: 292%
🇦🇷 Argentina: 286%
🇧🇷 Brazil: 280%
🇹🇭 Thailand: 220%…— World of Statistics (@stats_feed) September 13, 2023
To put this into perspective, the base price of the iPhone 15 Pro Max 256 GB in the United States is $1100, which equates to approximately Rs. 324,961 at the current exchange rate of Rs. 295. However, prospective buyers in Pakistan can anticipate even heftier costs, considering additional charges and import duties.
Also read: “Made In India” iPhones To Go On Sale At Launch For The First Time Ever
The iPhone 14 Pro Max, for instance, is already priced at a staggering Rs. 540,000 after accounting for retail margins and regulatory approvals, underscoring the formidable financial barriers many Pakistanis face in their quest for the latest in smartphone technology.
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