At current rates, Bangladesh could top India's per capita income by 2020

[Black_cats]

What kind of chit are you on? Seriously....

They had already hosted an olympic games, bulk of industrialisation had finished by that point, their energy consumption per capita (back then) was 13 times higher than yours now:

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=KR-BD

their GDP output per capita (PPP) was 4 times higher (and they certainly were not padding their numbers with inflations like BD seems to be doing now).


@bluesky this guy when he says :


is too used to white collar Indians at his US workplace bossing him around and earning however many times what he does. He has no idea or concept (or prefers to simply ignore in his butthurt) of the actual industrial zones taking shape in India that I am tagging you to look at in other threads....the blue collar stuff.

In fact the OPvideo:

https://defence.pk/pdf/threads/what...about-india-pakistan-dhaka-university.559808/

has that Bangladeshi gentleman saying what you are saying at some point about Indians more willing to work + be productive. Of course bilal the ill-mannered pakka chotolok would not think much of such a person in first place....but we must wish for BD to also improve its work ethic over time.

You are nearly completely spot on with rest of your analysis on this thread.

@dy1022 news flash: South Korea in 1993 was like Bangladesh today

It will be around 35 years not 25 years. It is not a big deal. In 1990 Korea's per capita GDP was 6,516.31 USD and in 1980 it was 1,704.47 USD.

http://www.multpl.com/south-korea-gdp-per-capita/table/by-year

@bluesky see the link South Korea from same Bangladesh's level has joined the club of developed economy by 2003 in just 23 years.

1 more thing in 1960s condition of South Korea and Bangladesh/East Pakistan was almost similar in terms of per capita gdp.

No, India's per capita is 2,134 dollar.

We are talking about per capita income not GDP. As of 2018 India's per capita income is 111,782 INR or 1652.14 USD where as Bangladesh's per capita income as of 2018 is around 1753 USD.

https://www.livemint.com/Politics/K...ta-income-growth-may-slow-83-to-Rs111782.html

 

[Baby Leone]

but as per World Bank in 2016 below are the Per capita PPP of three countries:

Pakistan: 5249
India: 6572
Bangladesh: 3581

issn't Purchasing power considered better option to know the living standard of people specifically in developing countries?

 

[itachii]

We are talking about per capita income not GDP. As of 2018 India's per capita income is 111,782 INR or 1652.14 USD where as Bangladesh's per capita income as of 2018 is around 1753 USD.

so bd's percapita income 1,753 USD is more than your gdp per capita 1,730$ (acc to IMF) for 2018. I normally don't read @Nilgiri posts on bds statistics, looks like I have to in order to understand how you come up with those ridiculous numbers.

 

[Nilgiri]

It will be around 35 years not 25 years.

More like 50 years....and even 1960's and 1970's South Korea looked a lot better and operates way better than Bangladesh today. Which is not surprising when this is the low quality use of data you have:

It is not a big deal. In 1990 Korea's per capita GDP was 6,516.31 USD and in 1980 it was 1,704.47 USD.

http://www.multpl.com/south-korea-gdp-per-capita/table/by-year

Copy paste job...and like a typical illiterate Bangladeshi, you compare todays dollars to another time frame's dollars when the link clearly says: South Korea GDP per capita in US current dollars (not inflation-adjusted).

When you adjust for said inflation (of USD, making multi year comparison somewhat valid), here is what it looks like:

https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=KR-BD

Bangladesh has around 1000 dollars per capita (in 2010 constant dollars). It is where South Korea was in 1963. So yeah 50+ years behind South Korea. 10 years behind India. Its going to get even worse when BD's inflation laundering through BBS drops like a ton of bricks later.

@bluesky see the link South Korea from same Bangladesh's level has joined the club of developed economy by 2003 in just 23 years.

....and you build more BS on your faulty premise.

1 more thing in 1960s condition of South Korea and Bangladesh/East Pakistan was almost similar in terms of per capita gdp.

No it wasn't. Their per capita was at least 3 times higher then as well. You can argue it was roughly the same in the 50s....but that was because of Korean War and pretty bad economic measurement in place too.

We are talking about per capita income not GDP. As of 2018 India's per capita income is 111,782 INR or 1652.14 USD where as Bangladesh's per capita income as of 2018 is around 1753 USD.

We've been over this before, income standards are different between the two countries @itachii :

https://defence.pk/pdf/threads/indi...s-7-4-to-rs-93-293.454395/page-3#post-8796065

(Best to read the entire thread...it explains quite a bit)

Another economically illiterate BD person was exposed there too.

issn't Purchasing power considered better option to know the living standard of people specifically in developing countries?

Yes far superior. For one it is much more resilient to inflation laundering (that Bangladesh engages in extensively now)....and is not dependent on the country having high exposure to world liquidity (trade, investment, credit etc) as others may (which increases their nominal/PPP ratio).

 

[Black_cats]

so bd's percapita income 1,753 USD is more than your gdp per capita 1,730$ (acc to IMF) for 2018. I normally don't read @Nilgiri posts on bds statistics, looks like I have to in order to understand how you come up with those ridiculous numbers.

Don't rely on this butt hurt Tamil retard too much. This idiot has been busted in his own shared post. Then he started jumping from one topic to another and twisting fact. However this idiot answered itself why per capita income is more then GDP.

There is nothing wrong in accepting Bangladesh has moved ahead of India in terms of per capita income. The figure 1752 will be released after the end of the fiscal year 2017-18.

https://bdnews24.com/economy/2018/0...growth-for-this-fiscal-year-fastest-on-record

 

[Nike]

What kind of chit are you on? Seriously....

They had already hosted an olympic games, bulk of industrialisation had finished by that point, their energy consumption per capita (back then) was 13 times higher than yours now:

https://data.worldbank.org/indicator/NY.GDP.PCAP.PP.CD?locations=KR-BD

their GDP output per capita (PPP) was 4 times higher (and they certainly were not padding their numbers with inflations like BD seems to be doing now).


@bluesky this guy when he says :


is too used to white collar Indians at his US workplace bossing him around and earning however many times what he does. He has no idea or concept (or prefers to simply ignore in his butthurt) of the actual industrial zones taking shape in India that I am tagging you to look at in other threads....the blue collar stuff.

In fact the OPvideo:

https://defence.pk/pdf/threads/what...about-india-pakistan-dhaka-university.559808/

has that Bangladeshi gentleman saying what you are saying at some point about Indians more willing to work + be productive. Of course bilal the ill-mannered pakka chotolok would not think much of such a person in first place....but we must wish for BD to also improve its work ethic over time.

You are nearly completely spot on with rest of your analysis on this thread.

@dy1022 news flash: South Korea in 1993 was like Bangladesh today

South Korea in 1993 already had Hyundai, KIA mobile and Daewoo heavy industry. Well i remember my dad used to ride Hyundai elantra back in 90's before switching to his ol' good pal Camry. And right now bangladesh doesnt have any sizeable automotive industry (a clear indicator on how advance your heavy industry it is?) not to mention at the time Sokor already built extensive network of highway, expressway (Bangladesh doesnt have Expressway or toll roads till now, their elevated dhaka expressway is still in limbo), not to mention their railway system is extensive and electrified too (You know, impressive infrastructure is a good indicator on how developed your economy it is) Bangladesh is still very suck in infrastructure.

Well in 90's they already had several internasional level company already engaging in heavy competition against world class player, the like of Samsung, Hyundai, Doosan, LG, is already poised to growing in millenium era. Bangladesh had none till now. Even in Banking sector we can see how much developed they are back then and it cant be compared against the current Bangladesh

 

[itachii]

There is nothing wrong in accepting Bangladesh has moved ahead of India in terms of per capita income. The figure 1752 will be released after the end of the fiscal year 2017-18.

I will accept when there is any credibitlity to your news. GDP per capita figures are from apr, 2018. If you believe your per capita income/NNI is more than your gdp per capita then good luck to you.. I got nothing else to say.

 

[Black_cats]

I will accept when there is any credibitlity to your news. GDP per capita figures are from apr, 2018. If you believe your per capita income/NNI is more than your gdp per capita then good luck to you.. I got nothing else to say.

Who determine credibility you or the Tamil retard or World Bank, IMF etc?

As you have taken the tamil idiot as the gurudev he answered that in his shared thread already why income is more then gdp. According to him Bangladesh is too much reliant on remittance which India is not. Anything else?

 

[Bilal9]

it's called being butthurt and jealous!

@Bilal9

The buck stops at the fact of what The holy Quran says that mushriks will never be our friends no matter how much of a charade front they put up... what you are seeing from the negative opinions of every indian is just a simple and a practical demonstration of that.

Yup, my words exactly. This is sad. The rise of openly religio-fascist India and Indians. My hopes for India's future is now dashed.

 

[AfrazulMandal]

Bangladesh will be a developed nation sooner than India will. Take note.

 

[Nilgiri]

I will accept when there is any credibitlity to your news. GDP per capita figures are from apr, 2018. If you believe your per capita income/NNI is more than your gdp per capita then good luck to you.. I got nothing else to say.

And now the moron is saying I explained somewhere "why income is higher than GDP"....when it is a component of GDP (there are non-income portions of GDP, depending on how you define income). So yes income has to always be less than GDP (or GNP) given it is one part of it.

He's just mad he was made to look like a complete illiterate....comparing US dollar (current) nominal per capita over decades of time....forgetting all the juicy inflation thats happened in his country compared to the world.

or World Bank, IMF etc?

Have a good cry, when inflation is taken into account:

No accounting for price level:

Over last 10 years, India growing at 6% per annum

BD (at much lower base) growing at 5% per annum

Accounting for price level:

You are 10 years behind AND growing slower than India when it was there.

Only when you use current US dollars (no accounting for inflation) does BD performance become "comparable" (and this is the one that BD members love to use with no understanding)....it basically illustrates the effect/significance of inflation in BD....no wonder it is starting to eat away big time at your actual household real income:

https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

 

[Black_cats]

And now the moron is saying I explained somewhere "why income is higher than GDP"....when it is a component of GDP (there are non-income portions of GDP, depending on how you define income). So yes income has to always be less than GDP (or GNP) given it is one part of it.

He's just mad he was made to look like a complete illiterate....comparing US dollar (current) nominal per capita over decades of time....forgetting all the juicy inflation thats happened in his country compared to the world.



Have a good cry, when inflation is taken into account:

No accounting for price level:

View attachment 477277

Over last 10 years, India growing at 6% per annum

BD (at much lower base) growing at 5% per annum

Accounting for price level:

View attachment 477278

You are 10 years behind AND growing slower than India when it was there.

Only when you use current US dollars (no accounting for inflation) does BD performance become "comparable" (and this is the one that BD members love to use with no understanding)....it basically illustrates the effect/significance of inflation in BD....no wonder it is starting to eat away big time at your actual household real income:

https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

Idiot Formula for GNI = GDP +Money flowing from foreign country - Money flowing to foreign country

There are number of countries like USA, Japan, Germany, France, Italy wtc. has higher GNI then GDP. India has higher GDP then GNI does not mean all country needs to have lower GNI.

https://en.wikipedia.org/wiki/Gross_national_income

We are not talking about inflation, rather very specific items. Dont start jumping from one topic to another. We are talking about per capita income and Bangladesh has higher per capita income then India.

This Bihari idiot @Nilgiri using false flag of Canada to hide his Indian dalit identity. At 3:15 am still he has time to spend hours at forum. Time to do Shahri and good night guys.

 

[Nilgiri]

GNI = GDP +Money flowing from foreign country - Money flowing to foreign country

Thats more akin to GNP and not what you are comparing to India (NNI).

Again case closed you are stupid, its all covered in the previous thread.

Anyone can have a look for themselves (GNI):

Accounting for inflation:

https://data.worldbank.org/indicator/NY.GNP.PCAP.KD?locations=IN-BD

No accounting for inflation:

https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?locations=IN-BD

We are talking about per capita income and Bangladesh has higher per capita income then India.

From your very own reputable World Bank, the previous two links. Now go pole vault somewhere else idiot. 10 years behing India in GNI per income (constant 2010 dollars)...which is the most relevant measurement (after PPP per capita).

We are not talking about inflation,

Inflation is the factor that makes one measurement better than the other. Who cares if you earn more if you cant buy the same as you did before.

At 3:15 am still he has time to spend hours at forum.

Right because there is no such thing as being in another part of the world for work. More low IQ on display. It is why you have 70% poverty rate wherever you go....yuck.

 

[Homo Sapiens]

South Korea in 1993 already had Hyundai, KIA mobile and Daewoo heavy industry. Well i remember my dad used to ride Hyundai elantra back in 90's before switching to his ol' good pal Camry. And right now bangladesh doesnt have any sizeable automotive industry (a clear indicator on how advance your heavy industry it is?) not to mention at the time Sokor already built extensive network of highway, expressway (Bangladesh doesnt have Expressway or toll roads till now, their elevated dhaka expressway is still in limbo), not to mention their railway system is extensive and electrified too (You know, impressive infrastructure is a good indicator on how developed your economy it is) Bangladesh is still very suck in infrastructure.

Well in 90's they already had several internasional level company already engaging in heavy competition against world class player, the like of Samsung, Hyundai, Doosan, LG, is already poised to growing in millenium era. Bangladesh had none till now. Even in Banking sector we can see how much developed they are back then and it cant be compared against the current Bangladesh

Why are you taking that slip of tongue so seriously? If any person say 1000 sentences, it is very possible that 1 or 2 sentence will sound like improbable. It happens for every person. It does not mean you have grill them for that.


Bangladesh's 2018 per capita income in 2011 constant ppp dollar is 4,061 dollar
For South Korea, 1993 per capita ppp in 2011 constant dollar=14,126 dollar(3.5 times higher than current BD)
In 1980=5,084 dollar(25% higher than current Bangladesh)
http://www.imf.org/external/pubs/ft/weo/2018/01/weodata/weorept.aspx?pr.x=48&pr.y=12&sy=1980&ey=2018&scsm=1&ssd=1&sort=country&ds=.&br=1&c=513,542&s=NGDPRPPPPC&grp=0&a=

So most probably around in 1978, South Korean prosperity was current level of Bangladesh. So instead of 25 years, @Bilal9 should have said 40 years. Actually @Bilal9 over-estimated the recent economic progress of South Korea, that's why he said 25 years.But in reality south Korea progressed some years earlier than that. It is actually a good impression for South Korea on part of @Bilal9 . I do not know why are you ridiculing him for that as if he has said anything bad about South Korea.

 

[Black_cats]

Thats more akin to GNP and not what you are comparing to India (NNI).

Again case closed you are stupid, its all covered in the previous thread.

Anyone can have a look for themselves (GNI):

Accounting for inflation:

https://data.worldbank.org/indicator/NY.GNP.PCAP.KD?locations=IN-BD

No accounting for inflation:

https://data.worldbank.org/indicator/NY.GNP.PCAP.CD?locations=IN-BD



From your very own reputable World Bank, the previous two links. Now go pole vault somewhere else idiot. 10 years behing India in GNI per income (constant 2010 dollars)...which is the most relevant measurement (after PPP per capita).



Inflation is the factor that makes one measurement better than the other. Who cares if you earn more if you cant buy the same as you did before.



Right because there is no such thing as being in another part of the world for work. More low IQ on display. It is why you have 70% poverty rate wherever you go....yuck.

Idiot the figure that was quoted for India was GNI not NNI. If you still think that was NNI then quote GNI for India of 2018.

We have figure for NNI both for India and Bangladesh

https://data.worldbank.org/indicator/NY.ADJ.NNTY.PC.CD?locations=IN-BD

Stick to current topics instead of jumping from one thing to another.

It is good that you are coming in line by admitting beside Canada there is other part of the world. Have you ever set foot beside slums of bihar?