Indian population grew by more than 5% in one year? You don't say! While 10% fall in INR value was insignificant :lol:
We are not comparing GDPs, we are comparing per capita. Let me remind you again, we are comparing the economic conditions of two countries.
This is why I mentioned the cost of USD. The apparent drop is because of value of INR, not decline in GDP. Indian economy grew by 4.5%. That obviously means that per capita gdp grew. Just that Rupee value fell so much that it is not reflected in USD data. Same for BD, the actual growth is not...
The point of discussion was if it is better to immigrate to India from BD or vice-versa. In that regards, we are comparing the living conditions, indicated by income and GDP, per capita. PPP is better reflective of that than nominal.
I posted the latest data I could find for the neighboring...
I am not going to spend dollars in India, but rupee. That is why the conversion rates dont effect. In absolute numbers, Indian GPD/capita (nominal and PPP), income/capita(nominal/PPP) are far higher than BD, I posted the data earlier (2013).
I don't have recent data, I posted the data from 2013...
I did. I am just trying to tell you that USD figures don't paint real picture, as they are affected by varying conversion rates. Look at the growth rate. The difference is barely 1.5%, that too, in one of the worst years of Indian economy.
I gave you data earlier. Even West Bengal has higher...
Around +2.5% due to change in dollar? While -10% for India.
Growth for BD was 6% while 4.5% for India. Just about 1.5% more. And last few years have been lowest growth period in a long time.
Besides, India still has higher per capita income and gdp. Certainly makes it better place than BD...
Base year would affect world bank data, not IMF. And for world bank data currently the difference is more than twice!
Even if you assume IMF data, the difference is too big to be changed by base year.
All India added only $18 billion because Rupee value dropped by more than 10%. Actually, despite Rupee falling more than 10% India added $18 billion, on the contrary, despite Taka gaining value, BD only added $20 billion.