Nair saab base year change will increase Pak GDP 50%. This is what happens in rest of the world, GDP growth rate change is India only thing.
I dont think so.
We changed our base year .But our nominal GDP is still remain as 2 trillion.
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Nair saab base year change will increase Pak GDP 50%. This is what happens in rest of the world, GDP growth rate change is India only thing.
@LeveragedBuyout - a little help here sir?Ur area of expertise.Deflation and how possible it is,how much effect it can really have?
Population is not a matter here since we are still developing with around 7+%.
And 2 trillion $ is indeed 2 trillion.Population is not a factor in there.
Lol
35% .Extra ordinary.
Baseyear change will show high GDP growth.But wont show real nominal GDP rise.It will still remain as 250 billion$.
Well 35% is the worst case scenerio,some people consider it to increase by as much as 70%,even surpassing the nigerian increase(60%) last r or the Bangladesh increase in 2013(30%).
Indian GDP is very well documented unlike Pakistan
BBC News - Nigeria becomes Africa's biggest economy
I dont think so.
We changed our base year .But our nominal GDP is still remain as 2 trillion.
No Indian economy is not very well documented .Still not perfect even after these base year change.
I dont know about Pakistan.But AFAIK
base year change will only add some valid economic data ,wont change nominal GDP.
Then it is so easy to countries to increase their nominal GDP by regularly changing base year
Bangladesh's gdp is 184billion $ according to the old base year not the new onePakistan GDP base year chnage will be followed under IMF,so don't worry our numbers will be credible.
Bangladesh=Change from 115Bn Dollars to 184Billion dollars
Nigeria=60% increase to become the largest GDP of Africa
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Base year for national accounts to change every 10 years: Dar
Pakistan informal GDP is 91% or even more(170%) and yes don't be surprised if after change in base year,our GDP even increase by more than 100% or say become 500Billion dollars+
Size of informal economy at 91.4 percent of GDP: study - thenews.com.pk
Infact don't be surprised if Pakistan even replaces sri lanka in GDP per capita income in South asia after the change in base year.Though i am not 100% sure about this
This won't work in the present situation. Monetary stimulus (reduction in interest rate) has not worked in Japan and Europe thus far. For starters, you need to sort out your energy crisis first to get your manufacturing sector and industries to start working again.
Bangladesh's gdp is 184billion $ according to the old base year not the new one
If they change it to 2010/2015......it will further increase
A general question as i m no expert on economic matters.ofcourse it will further increase with the change in base year.
but pakistan GDP is the least documented in South asia.
What's the base year for you guysofcourse it will further increase with the change in base year.
but pakistan GDP is the least documented in South asia.
Pakistan GDP base year chnage will be followed under IMF,so don't worry our numbers will be credible.
Bangladesh=Change from 115Bn Dollars to 184Billion dollars
Nigeria=60% increase to become the largest GDP of Africa
Associated Press Of Pakistan ( Pakistan's Premier NEWS Agency ) - Base year for national accounts to change every 10 years: Dar
Pakistan informal GDP is 91% or even more(170%) and yes don't be surprised if after change in base year,our GDP even increase by more than 100% or say become 500Billion dollars+
Size of informal economy at 91.4 percent of GDP: study - thenews.com.pk
Infact don't be surprised if Pakistan even replaces sri lanka in GDP per capita income in South asia after the change in base year.Though i am not 100% sure about this
In case of Pakistan if base year is finally changed then GDP will increase 50%. Bangladesh GDP went from $110b to $185b because of change in base year. India just changed the way they calculate growth rate which is why its over 7% right now.
New Recruit