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Bangladesh overtakes India in per capita GDP: IMF

The Accountant

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Aug 13, 2016
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We should keep letting indians waste time on the internet, the more time they spend here, the less productivity, less GDP
U r right. Bangladesh is behind india in terms of PPP GDP per capita.

Thanks for correcting me and sharing data.
 

Protest_again

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Last 2 indicate that you are smaller population, hence the success. All those statistics just pale in comparison with SOUTHERN indian states. Yet India has much larger stages that skew the statistics. Bangladesh is just about as large as orissa may be.
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Comparison of Bangladesh with whole of India is not correct. There are atleast 13 states that does better than Bangladesh on any of those parameters but we have Uttarpradesh, Bihar and Rajasthan that skew every statistics.
 
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DalalErMaNodi

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Last 2 indicate that you are smaller population, hence the success. All those statistics just pale in comparison with SOUTHERN indian states. Yet India has much larger stages that skew the statistics. Bangladesh is just about as large as orissa may be.
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Comparison of Bangladesh with whole of India is not correct. There are atleast 13 states that does better than Bangladesh on any of those parameters but we have Uttarpradesh, Bihar and Rajasthan that skew every statistics.


Look, they're Indians, they're in India, those are your people and your national statistics.



The numbers are all that matters, how the numbers got to where they are is irrelevant.



Now If you don't like the BIMARUs, then set them free ?
 

Protest_again

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Look, they're Indians, they're in India, those are your people and your national statistics.



The numbers are all that matters, how the numbers got to where they are is irrelevant.



Now If you don't like the BIMARUs, then set them free ?
Who said we don't like BIMARUs, they are our brothers and sisters. I just meant that Bangladesh size is comparable to a state. And there are many states in India that does better than Bangladesh. UP is coming up fast. Its revenue and budget are bigger than Bangladesh already. It'll only grow even bigger in coming years. So watch out.
 

DalalErMaNodi

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Who said we don't like BIMARUs, they are our brothers and sisters. I just meant that Bangladesh size is comparable to a state. And there are many states in India that does better than Bangladesh. UP is coming up fast. Its revenue and budget are bigger than Bangladesh already. It'll only grow even bigger in coming years. So watch out.


I get you but I'm not sure what you meant, when you said 'So watch out',...


What are we supposed to be on the lookout for ? This isn't race, not to us, it isn't.



This is the path to development,... these numbers, these comparisons and the vitriol, it's all a consequence of that; sustained growth.



The point here is to improve our countries, whether we are one or two notches ahead or behind India (or any other country) is besides the point.



And realistically speaking any sort of economic comparison between India and Bangladesh is meaningless, I won't get into the details but I have explained this partly in earlier posts.



India is a completely different animal compared to Bangladesh, it thrives on internal consumption and the various state economies piggyback off of each other, it's different than Bangladesh; very different.



Of course, human development indices are still relevant and comparisons on those fronts can reveal critical data but economic comparisons... Not so much.



Then again, this is just me, others may see it differently.
 

Protest_again

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I get you but I'm not sure what you meant, when you said 'So watch out',...


What are we supposed to be on the lookout for ? This isn't race, not to us, it isn't.



This is the path to development,... these numbers, these comparisons and the vitriol, it's all a consequence of that; sustained growth.



The point here is to improve our countries, whether we are one or two notches ahead or behind India (or any other country) is besides the point.



And realistically speaking any sort of economic comparison between India and Bangladesh is meaningless, I won't get into the details but I have explained this partly in earlier posts.



India is a completely different animal compared to Bangladesh, it thrives on internal consumption and the various state economies piggyback off of each other, it's different than Bangladesh; very different.



Of course, human development indices are still relevant and comparisons on those fronts can reveal critical data but economic comparisons... Not so much.



Then again, this is just me, others may see it differently.
I meant it in a friendly competitive way. I seriously think UP will be largest economy with in India in 10-12 years by a mile.

Infant mortality rate of Kerala is 7. Tamil Nadu 17, Karnataka 22 but Madhya Pradesh has the highest at 48. That skews all three states because of higher population.
 
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DalalErMaNodi

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I meant it in a friendly competitive way. I seriously think UP will be largest economy with in India in 10-12 years by a mile.

Well, it's certainly got the population for it, but even if the state prospers economically, I don't see the standards of living there improve by much.


Central Indian states like UP have a very unruly and backward populace, people can get rich over night, but lifestyles and old habits die hard.



Just take the UP rapepidemic for instance, these incidents occur daily in UP and at an unbelievable rate, it is all innately related to the local culture.




Toxic masculinity, Patriarchy, misogyny and lack of respect for the rule of law, that's where UPs rape problem begins.
 

Protest_again

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Well, it's certainly got the population for it, but even if the state prospers economically, I don't see the standards of living there improve by much.


Central Indian states like UP have a very unruly and backward populace, people can get rich over night, but lifestyles and old habits die hard.



Just take the UP rapepidemic for instance, these incidents occur daily in UP and at an unbelievable rate, it is all innately related to the local culture.




Toxic masculinity, Patriarchy, misogyny and lack of respect for the rule of law, that's where UPs rape problem begins.
I don't think that is it. It's the caste based politics that were encouraged under Congress, SP and BSP rules, that left them economically weak and people uneducated. Young in UP (or any other state for that matter) are growing up different these days all realizing that their destiny is not defined by the caste. You may not see it that way from outside. But you can hold me to for this, UP is already the third largest economy in India (yes, I understand it has huge population), but it'll be a $1 trillion economy by 2030.
 

DalalErMaNodi

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I don't think that is it. It's the caste based politics that were encouraged under Congress, SP and BSP rules, that left them economically weak and people uneducated. Young in UP (or any other state for that matter) are growing up different these days all realizing that their destiny is not defined by the caste. You may not see it that way from outside. But you can hold me to for this, UP is already the third largest economy in India (yes, I understand it has huge population), but it'll be a $1 trillion economy by 2030.


Well, it remains to be seen.


Not that my opinion matters but the way I see it, the BIMARUs will always hold India back, in perpetuity.



And that's just UP, what about Bihar ?
 

bête noire

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But you can hold me to for this, UP is already the third largest economy in India (yes, I understand it has huge population), but it'll be a $1 trillion economy by 2030.
What's the current GDP? As far as I know, only Maharastra has higher GDP than Bangladesh. And with high growth of BD, it might make it to $1 trillion by 2030 to 2032. It's hard to believe UP's GDP would be a trillion before or with BD with lower GDP aggregate, unless it has significantly higher growth than BD.
 

DalalErMaNodi

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What's the current GDP? As far as I know, only Maharastra has higher GDP than Bangladesh. And with high growth of BD, it might make it to $1 trillion by 2030 to 2032. It's hard to believe UP's GDP would be a trillion before or with BD with lower GDP aggregate, unless it has significantly higher growth than BD.

CEBR projects Bangladesh to be at 1.23 trillion USD by 2034, cross 1 trillion in 2031 ??


Remains to be seen, we are going in the right direction, that's all that matters.




UP is home to a 199 million people and with a high Total fertility rate of 3, they'll only grow in terms of population from here on out.


Can they get to 1 trillion in the 2030s, maybe, it's not impossible but right policies are needed, remember they have the whole Indian economy to piggyback over.



UP is at 250 Billion currently, we are at 340 billion but remember this, their population is growing at an exponential rate, ours isn't, we have the best TFR numbers in South Asia.


UP's GDP per capita is 990 USD or less, less than half of ours, by 2030 their population is only grow, so 1 trillion or not UP will still have exorbitant amounts of poverty.
 
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Mamluk

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Last 2 indicate that you are smaller population, hence the success. All those statistics just pale in comparison with SOUTHERN indian states. Yet India has much larger stages that skew the statistics. Bangladesh is just about as large as orissa may be.
No need to be so petty, LOL. Why is it so hard to accept Banglas can surpass you? Just accept the reality and congratulate these guys.

Congrats BD folks! Keep up the hard work. :tup:
 

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