Comparing Indian and Pakistani Economies in 2014

[Parul]

3rd grade students maths performance..


I don't see anything wrong... Is it wrong to work in farms?

60% kuch kam nahi hai?

 

[kobenhaven]

Haq's Musings: India-Pakistan Economic Comparison 2014

India and Pakistan are running neck and neck in per capita GDP in both nominal US dollar terms and purchasing power parity terms, according to data available from multiple sources.

View attachment 108302

Nominal and PPP GDP:

CIA World Factbook reports that the 2013 official exchange rate GDP of India is $1.67 trillion while that of Pakistan is $237 billion. It's a ratio of 7, about the same as the population ratio between the two countries.

World Bank's International Comparison Program (ICP) 2011 did a detailed cross-country purchasing power comparison and estimated $778 billion PPP GDP for 2011. It put India's GDP at $5,757 billion, about 7.4 times Pakistan's. It makes India's economy the third largest andPakistan's economy 23rd largest in the world in PPP terms. The ICP findings conclude that Pakistan's per capita income is US$4,450.00, just slightly below India's US$4,735.00.
Poverty Rates:
The number of Pakistanis living below the 2005 $1.25 poverty line (set at $1.44 for 2011) is 4.8 million, less than one-seventh of the 35.1 million reported earlier., according to Center for Global Development (CDG). It is a huge drop from about 20% of the population to 3% of the population living below the international poverty line.
View attachment 108303
World Bank's Revised Poverty Estimates (Source: CGD)

Poverty rates for many other nations, including India and Bangladesh, have also seen dramatic downward revisions. As a result, India now has 102 million poor, just slightly above China's 99 million. In fact, the new report has cut the world poverty rate in half from 19.7% to 8.9%. Reduction from 21% to 3% for Pakistan poverty is much sharper than the rest of the world because ICP 2011 found it to be the second cheapest in the world.

The revision became necessary after the World Bank's International Comparison Program (ICP) completed a detailed study of a list of around 800 household and non-household products to compare real purchasing power for trans-national income comparison program (ICP). The CDG explained that the revision in poverty rate was necessitated by the results of latest ICP. It said: "Pakistan’s PPP conversion rate for GDP was 19.1 Rupees to the dollar in 2005 and 24.4 in 2011 — a gentle increase of 28 percent. The Consumer Price Index in Pakistan has gone up 102 percent over that same period. That might reflect changing or inadequate ICP commodity baskets or consumption data in one or both years, or mismeasurement of prices by Pakistan’s statistical agencies. But whatever the reason, it appears to apply to a lot of countries. Very few places saw PPP conversion rates climb close to or more than CPIs between 2005 and 2011, which is why poverty rates based on the 2011 PPP numbers tend to be lower."

Rural Poverty:

One of the key reasons for lower rural poverty in Pakistan is the relatively high per capita agriculture value added for its region.

View attachment 108304
Agriculture Value Added Per Capita in Constant 2000 US$--Source: World Bank
Livestock revolution enabled Pakistan to significantly raise agriculture productivity and rural incomes in 1980s. Economic activity in dairy, meat and poultry sectors now accounts for just over 50% of the nation's total agricultural output. The result is that per capita value added to agriculture in Pakistan is almost twice as much as that in Bangladesh and India.

GDP Growth Rates:

While per capita GDPs of Pakistan and India are neck-and-neck at the moment, the fact is that economic growth rates in Pakistan are continuing lag India and other SAARC economies.

Meager 4.1% GDP growth reported by Pakistan for 2013-14 caps sixth consecutive year of disappointing economic performance under "democratic" governments in the country. This slow growth brings back bitter memories of the last lost decade of 1990s when economic growth plummeted to between 3% and 4%, poverty rose to 33%, inflation was in double digits and the foreign debt mounted to nearly the entire GDP of Pakistan as the governments of Benazir Bhutto (PPP) and Nawaz Sharif (PMLN) played musical chairs.




India-Pakistan GDP Growth Rates Since 1990s Source: World Bank


Unless Pakistani leaders find a way to accelerate growth, Pakistan will be left far behind India in terms of per capita gdp by the end of this decade.

Summary:
While India has suffered an economic slow-down in recent years, growth in Pakistan has dramatically plummeted under "democratic" leadership since 2008. Pakistan is in the midst of another lost decade like the 1990s, putting it at risk of being the worst economy in South Asia region and hurting its people in myriad ways including human development rates. This has to change for the better for Pakistan to keep up with its neighbors.

Haq's Musings: India-Pakistan Economic Comparison 2014

United States Population or so many western countries population is also less than India and where do Pakistan stand in comparison to Singapore or Denmark or Sweden ..Stop writing shit.

 

[danger007]

60% kuch kam nahi hai?

Lol... Even though we have more literacy rate... Haq is chest thumping nothing else..

 

[45'22']

Riaz bhaijaan

 

[bitter_truth]

this guy is so obsessed with india..
Man we are not super power..(although we are far..far..far..far.. better than you) So don't compare us with you..
Compare yourself with USA..
Its our Indian media who cries about Indian super power every now and then.. And some of us get excited..but thats just trp masala..
We are no way near to that..
Having said that i would like to remind you.. The more population in your country..the more problem you will face..and that too with many religions.. So in this term you are lucky pakistan.. Use this luck to improve yourself..just country like srilanka did..
But we are working hard..since may 2014..last ten years were dull
so at the end of the day tell this riaz haq "the so called scholar" comparison with india will not improve your own wishes.. Work man work..that is how every country can become super power.. Even country like yuganda.. It will take time.. But hard work can do anything..
So stop comparison in ac rooms and go to work..

 

[IPL5]

Begging season has started

International assistance is required for rehabilitation: Finance Minister

 

[Parul]

Lol... Even though we have more literacy rate... Haq chest thumping nothing else..

I'm aware of it.. Kuch log adat say majboor hote hai. May Allaha Bless Him and he gets well soon.

 

[RiazHaq]

How many Indians live below Poverty Line? Since Two years on PDF, I've been told 70% of US. Just wanted to know the latest figures, as % is stagnant.

20 times more Indians live at or below $1.25 than Pakistanis.

Global Absolute Poverty Fell by Almost Half on Tuesday | Center For Global Development

 

[Parul]

20 times more Indians live at or below $1.25 than Pakistanis.

Global Absolute Poverty Fell by Almost Half on Tuesday | Center For Global Development

We have bigger Population than Pakistan, so that is obvious. However, Pakistan isn't far behind. It's also a third world country like India, Plagued with similar problems. The day you'll remove lenses of hatred, you going to realise it. Till then you can live in your lala land proud of it. #improudofmypligtistan

 

[INDIC]

20 times more Indians live at or below $1.25 than Pakistanis.

Global Absolute Poverty Fell by Almost Half on Tuesday | Center For Global Development

Pakistan has world's second highest number of kids out of school next only to Nigeria.

 

[SledgeHammer]

Please think about the overall Indian economy beyond a few symbols.

Over 60% of Indians still work on farms.

Haq's Musings: Agriculture and Textiles Employ Most Indians and Pakistanis

All these trains and cars do not help the poor Indian farmers who are committing suicides at a rate of one every 30 minutes.

Haq's Musings: India's Agrarian Crisis: A Farmer Commits Suicide Every 30 Minutes

I wonder what 60% of the Pakistanis do, or maybe we know that already.

 

[danger007]

Begging season has started

International assistance is required for rehabilitation: Finance Minister

Usually I don't like to comment on tragedies.. But for Haq... Their FM stands in front of WB, ADB and US main gate to request foreign Aid... Even their defence budget come from USAID... . Still this guy shows glittering Pakistan...

 

[INDIC]

Why is Pakistan's poverty rate not updating since 2007. @EyanKhan do you have the answer, since you tagged me once.

Over half of Pakistan lives under poverty line: Dar - Pakistan - DAWN.COM

 

[manojb]

this guy is so obsessed with india..
Man we are not super power..(although we are far..far..far..far.. better than you) So don't compare us with you..
Compare yourself with USA..
Its our Indian media who cries about Indian super power every now and then.. And some of us get excited..but thats just trp masala..
We are no way near to that..
Having said that i would like to remind you.. The more population in your country..the more problem you will face..and that too with many religions.. So in this term you are lucky pakistan.. Use this luck to improve yourself..just country like srilanka did..
But we are working hard..since may 2014..last ten years were dull
so at the end of the day tell this riaz haq "the so called scholar" comparison with india will not improve your own wishes.. Work man work..that is how every country can become super power.. Even country like yuganda.. It will take time.. But hard work can do anything..
So stop comparison in ac rooms and go to work..

That is his work

 

[rockstar08]

Pakistan immediately require Khilafat-e-Rashida economic model rather than the current infidel Anglo-Sexan model. Pakistan Army should take over Pakistan's economic department and bring Martial Law there to counter India.

trust me , Pakistan will work more better in khilafate-rashida