Pakistan’s economy to surpass $2 trillion by 2050

[thesolar65]

Pakistan’s economy to surpass $2 trillion by 2050

What will be the share of Indian fake currency??

 

[Roybot]

GDP $1.1 trillion (nominal, 2015)[1]
[2]$928 billion (PPP, 2014)[3]
GDP rank 26th (PPP)
21st (nominal)
GDP growth
Increase 4.24%(2014)[4]
GDP per capita


$1,513 (nominal)[5]
$4,993 (PPP; 133rd; 2015)[3]
GDP by sector
agriculture: 25.1%, industry: 21.3%, services: 53.6% (2014 est.)
Inflation (CPI)
1.8% (July 2015)[6]
Population below poverty line
12.4% (2014)[7]

Economy of Pakistan - Wikipedia, the free encyclopedia

So Pakistan's nominal gdp is more than its GDP PPP. Makes sense!

 

[Sam.]

I should take the advice of your signature lol. I feel like I have lost some brain cells already.

you should have

So Pakistan's nominal gdp is more than its GDP PPP. Makes sense!

You know nothing jon snow.He will come back and say GDP nominal from year 2015 while GDP PPP from year 2014 and you will eat your word.

 

[The BrOkEn HeArT]

Useless thread. Nobody can predict where we will be in 2050. If war happans then..............

 

[Nilgiri]

So Pakistan's nominal gdp is more than its GDP PPP. Makes sense!

Pakistan so advanced its like Switzerland or Sweden.

 

[IndoUS]

Ahem.... Let me interject... You have no clue of what you are talking about, as always, and I'm game to kick your teeth in anytime of the day... and you can take that to your bank.....

and in your mathematics, which you most likely failed, you predict Pakistan to go from 250 billion to 2 trillion i.e. 800% in 12 years... your super duper mathematics is just as useful as rest of your narrative... utter garbage.



That is the joke of the day, not one post of your ever on this forum has been backed by any empirical data, common sense, references, publications or the combination of any. The idiot who predicts octa growth in 12 years backed by 65 years of data and economic performance, talking about background, the only background that can be derived is in a small FMCG outlet background.


jeez........India and china were at 250Billion GDP in 1986 and 1984 respectively, not 1995. There goes your background and sound empirical data.

Let me know if any other interjection is needed...

regards

Watch out mate he will call webby and all the other mods and put an end to you and your cronies.

 

[silent poison]

And if you are going to ask what Pakistani companies doing ??

Then they are busy declaring Eco-war against India
Pakistan Company Declares Eco-War on India

They will destroy der country for sake of destroying India .

 

[jaunty]

I wonder why Pakistanis like @Viper0011. are so ashamed of their country of origin that they have to hide behind an American flag to get their point across.

@WebMaster can you change one of his flags to Pakistan? He is admitting to have Pakistani background here. You have done it before with others.

 

[Nilgiri]

I wonder why Pakistanis like @Viper0011. are so ashamed of their country of origin that they have to hide behind an American flag to get their point across.

@WebMaster can you change one of his flags to Pakistan? He is admitting to have Pakistani background here. You have done it before with others.

Who cares. Him keeping two US flags like Luca just adds to the fun/embarrasment.

 

[Arya Desa]

Perhaps 2$ trillion in PPP by 2050.

 

[jaunty]

So Pakistan's nominal gdp is more than its GDP PPP. Makes sense!

But he runs a company that provides employment to Indians.

He probably needs to read Economics for dummies

 

[Roybot]

But he runs a company that provides employment to Indians.

He probably needs to read Economics for dummies

The guy reminds of me SuperKaif? Anyone remember him?

 

[farhan_9909]

Developing country Real GDP expansion is more than the yearly achieved growth rate

E.g

In 2003 Indian GDP increased by 110Billion dollars or 14% but the achieved growth of the period was only slightly more than 7%.

This happens in Pakistan also.

 

[Nilgiri]

Developing country Real GDP expansion is more than the yearly achieved growth rate

E.g

In 2003 Indian GDP increased by 110Billion dollars or 14% but the achieved growth of the period was only slightly more than 7%.

This happens in Pakistan also.

Yes Nominal and Real are two different comparisons and real is definitely more superior.

But Pakistan the nominal growth tends to be much lower to begin with (especially in recent years) and the real growth is also far lower than India's.

Let us look at IMF data for the last 14 years or so (from 2000 - 2014):

Report for Selected Countries and Subjects

When we look at nominal (current prices) growth, the average growth rate (using GDP14/GDP00 ^(1/14)) is:

Pakistan = 250.1/79.8 ^(1/14) = 1.085 = 8.5% growth per year

India = 2049.5/476.6 ^(1/14) = 1.1098 = 11% growth per year

When we look at real (constant prices) growth, the average growth rate is:

Pakistan = 10227/5655 ^(1/14) = 1.0432 = 4.3% growth per year
India = 106323/40044 ^(1/14) = 1.0722 = 7.2% growth per year

So basically each country "loses" about 4 percentage points of growth due to inflation + currency appreciation to the USD and a few other factors. But Indian growth has been appreciably higher on average whichever system you are looking at....and in percentage terms India's real growth rate is at about 2/3rds of its nominal growth rate whereas Pakistan's real growth rate is about half of its nominal growth rate. i.e there is better overall conversion of "Real" growth from the raw nominal growth in India compared to Pakistan...and it is also much larger to begin with.

So India is definitely ahead in the economic growth story and it looks to be on a more solid trajectory in both short and long term.

Pakistan will need to bring significant structural changes to its economy to accelerate to the next level of growth.

 

[Skull and Bones]

The guy reminds of me SuperKaif? Anyone remember him?

I think he joined a rival forum.