Bangladesh set to overtake India in terms of GDP per capita by 2030: Standard Chartered Bank

[Michael Corleone]

Bangladesh will never overtake India. Its like saying a chickpea will grow bigger than a watermelon. Shear size of indian economy is on a different scale. India is set to become second or third largest economy at least in long term future. Seriously people who are trying to compare are dumb.

well the collective india will always be much higher than bd forever... but this talks about the purchasing power of the people so on average a bengali would earn more than an indian as per the projection. it's like comparing bd to kuwait.... bd economy is way larger than kuwait but kuwaitis on average earn wayy more than bangladeshis

 

[Nilgiri]

but this talks about the purchasing power of the people

Nope even stanchart just projects in nominal terms (and BD will take a hit in the end by its crappy purchasing power given inflation laundering)....not purchasing power.

Purchasing power wise India already close to 8000 USD per capita right now.

 

[mb444]

the posters here are on the whole thick. They have no idea about the differences between the overall GDP/GNP value and the corresponding per capita values.

My advice to BDs is simply to ignore idiots.... you will never win an argument as your detractors do not really know their behind from their face. just jog on...

 

[Mamadouso]

Well done to BD, it is a high trajectory. It is quite remarksble given the low base the country started from.

If they can keep this up and diversify (which is crucial) they can go on to similar trajectory to Malaysia or even S Korea.

 

[Abu Shaleh Rumi]

Well done to BD, it is a high trajectory. It is quite remarksble given the low base the country started from.

If they can keep this up and diversify (which is crucial) they can go on to similar trajectory to Malaysia or even S Korea.

Thanks mate. BTW, can you smells the burn here...

 

[Nilgiri]

Well done to BD, it is a high trajectory. It is quite remarksble given the low base the country started from.

It is on a "trajectory" because of its low base, not despite it.

When you are 10 dollars worth, and grow 10 dollars, thats a doubling (100% growth!)

When you are 100 dollars worth, and grow the same 10 dollars, its just 10% growth.

Some people feel this will compound anyway...others dont.

But only one side gets super angry when you pose challenges to it. That is quite telling in itself in that one has lot to hide.

Countries that stage elections to get 95% seat win results of course have a lot to hide.

But hey everyone gets to see in the end.....

Can Bangladesh invest more than 2 dollars per person outside its border in the years to come in the amounts needed to show actual growth?

Can they file more than 2 patents a year in the US PTO?..and stop every other year being a 0?

Can they output more science per capita than the congo and kenya?

Can they grow market cap into three digit bn levels?

Can they improve their credit rating finally?

Can they get out of the forex, household income and energy consumption stagnancy they are in now?

Can they join the SDDS standard which actually will put some semblance of comparison with economies that matter in the world in the first place?

Can they export their way past 0 tariff reliance on the current one-monolith industry?

Can they get harvard to change their analysis from 4% long term growth because of really non-diverse structure now?

All remains to be seen.

 

[SBUS-CXK]

It is on a "trajectory" because of its low base, not despite it.

When you are 10 dollars worth, and grow 10 dollars, thats a doubling (100% growth!)

When you are 100 dollars worth, and grow the same 10 dollars, its just 10% growth.

Some people feel this will compound anyway...others dont.

But only one side gets super angry when you pose challenges to it. That is quite telling in itself in that one has lot to hide.

Countries that stage elections to get 95% seat win results of course have a lot to hide.

But hey everyone gets to see in the end.....

Can Bangladesh invest more than 2 dollars per person outside its border in the years to come in the amounts needed to show actual growth?

Can they file more than 2 patents a year in the US PTO?..and stop every other year being a 0?

Can they output more science per capita than the congo and kenya?

Can they grow market cap into three digit bn levels?

Can they improve their credit rating finally?

Can they get out of the forex, household income and energy consumption stagnancy they are in now?

Can they join the SDDS standard which actually will put some semblance of comparison with economies that matter in the world in the first place?

Can they export their way past 0 tariff reliance on the current one-monolith industry?

Can they get harvard to change their analysis from 4% long term growth because of really non-diverse structure now?

All remains to be seen.

This friend is just polite... Don't seriously.

 

[Mamadouso]

It is on a "trajectory" because of its low base, not despite it.

When you are 10 dollars worth, and grow 10 dollars, thats a doubling (100% growth!)

When you are 100 dollars worth, and grow the same 10 dollars, its just 10% growth.

Some people feel this will compound anyway...others dont.

But only one side gets super angry when you pose challenges to it. That is quite telling in itself in that one has lot to hide.

Countries that stage elections to get 95% seat win results of course have a lot to hide.

But hey everyone gets to see in the end.....

Can Bangladesh invest more than 2 dollars per person outside its border in the years to come in the amounts needed to show actual growth?

Can they file more than 2 patents a year in the US PTO?..and stop every other year being a 0?

Can they output more science per capita than the congo and kenya?

Can they grow market cap into three digit bn levels?

Can they improve their credit rating finally?

Can they get out of the forex, household income and energy consumption stagnancy they are in now?

Can they join the SDDS standard which actually will put some semblance of comparison with economies that matter in the world in the first place?

Can they export their way past 0 tariff reliance on the current one-monolith industry?

Can they get harvard to change their analysis from 4% long term growth because of really non-diverse structure now?

All remains to be seen.

Yes - in essence you are not wrong. There are challenge for BD ahead, they will need to put effort into different sectors.

But it is a credit to BD that (no offense to Pak posters) they are not talking of problem with foreign exchange or bailouts. BD has to be proud it is on its own feet.

 

[Nilgiri]

Yes - in essence you are not wrong. There are challenge for BD ahead, they will need to put effort into different sectors.

But it is a credit to BD that (no offense to Pak posters) they are not talking of problem with foreign exchange or bailouts. BD has to be proud it is on its own feet.

They have managed what they have inherited quite well. If they were more humble/accomodating membership wise.....and some level of self-depreciating (that lot of pakistani members are more naturally for themselves it seems)...I would be talking more to their strengths. But they already drone out such talk from forming (from other sides) by having that (the success stuff) as default highest volume setting.

Membership wise BD vibe is overall somewhat off-putting here sadly when you try to have a serious convo. They take everything negative as a deep attack on them....and any positive thing you try give them credit for.....they start to brandish it against you someway....instead of just take it with humility.

Thus this sub forum specifically has become somewhat distorted and all over the place more than the rest.

 

[Shahzaz ud din]

Bangladesh is irrelevant to the world. The world knows Bangladesh because of neighbourhood of India.

 

[R4hil]

Oh man guys cmon I just joined

 

[Mamadouso]

They have managed what they have inherited quite well. If they were more humble/accomodating membership wise.....and some level of self-depreciating (that lot of pakistani members are more naturally for themselves it seems)...I would be talking more to their strengths. But they already drone out such talk from forming (from other sides) by having that (the success stuff) as default highest volume setting.

Membership wise BD vibe is overall somewhat off-putting here sadly when you try to have a serious convo. They take everything negative as a deep attack on them....and any positive thing you try give them credit for.....they start to brandish it against you someway....instead of just take it with humility.

Thus this sub forum specifically has become somewhat distorted and all over the place more than the rest.

Okay, that is good to know. I am not so aware of the issue in sub forums. Sometimes I have also talked in Indian forum and some Indian posters have unneccesarily attacked & got very defensive when I have critiqued issues.

On other hand the BD & Chinese forum members have been quite calm when I have asked them on topics about their countries!

 

[TopCat]

Well done to BD, it is a high trajectory. It is quite remarksble given the low base the country started from.

If they can keep this up and diversify (which is crucial) they can go on to similar trajectory to Malaysia or even S Korea.

There are a lot of poor people at the bottom considering 160 million of total population. We do need to diversify yet we have a long way go to complete our mission in low tech labor intensive industries. It will come eventually.