TopCat
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What makes you remain so dumb? Send that pill to meMore important is how you are doing when inflation is taken into account. You are nowhere close to "overtaking" Pakistan in constant USD terms (which takes stock of the effective inflation):
https://data.worldbank.org/indicator/NY.GDP.MKTP.KD?locations=BD-PK
i.e you are 8 years behind them in level.... and accumulation rates (about 10 - 12 billion 2010 USD yearly right now) seem to be roughly the same (BD higher growth number simply reflects its lower base largely)....so there will be no "surpassing" this year, next year or any year we can foresee.
What is really disturbing for Bangladesh is when you see how much inflation is part of the "current USD" growth:
https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=BD-PK
i.e BD grew by (2015 - 2016) 26 billion USD in current terms, but only 11 billion USD in constant (factoring in effective inflation) terms. That is about 15 billion that is effective inflation, i.e nearly 60% of the current growth.
Pakistan in same standard grew by 9 billion in current terms but 12 billion in constant (suggesting effective deflation compared to global trends)....i.e Pakistan got deflation of 3 billion....i.e constant growth is 133% of current growth (which is far better result than the reverse in case of Bangladesh). The figure this way is around 94% for India and an extremely lousy 42% for Bangladesh
The results of this (terrible realised effective inflation) are already showing up in Bangladesh:
https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/
View attachment 478999
We all know how bad inflation has wreaked havoc in Pakistan and India from the media coverage.....one can only imagine how bad it is on the ground for Bangladesh given it suppresses its media and has the regions most corrupt (and stagnant in such) institutions by far.
@ziaulislam @Major Sam @Chak Bamu @django @bluesky
@Valar. @DESERT FIGHTER @Areesh
Yes he is sure about that part. In sez you need to deposit a percentage of your investment proposal only to show your seriousness on the investment before getting allocation of the land. All lands are already taken by the potential investor and the sez in question are not taking any more applicant before further land development.
BD investments are dominated by domestic investment not FDI.
May be you are right and take one or two more years for bd to march past PK to become the 2nd biggest econony in SA. Its only the matter of time.I don't try to falsify ambitious plans but let me do it for you.
Pakistan GDP would have been $327 bn for 2018 but due to devaluation of pkr it resulted in $297.5 bn so this is not anything achieved by BD but done by Pakistan to increase exports.
Now come to second point, As per IMF report BD GDP would be $313 bn in 2019 but let me clear you that Pakistan GDP would be $326 bn in 2019 so still Pakistan GDP will be more than you.