Bangladesh keeps outrunning India in per capita GDP race

[Saudang]

Just slightly ahead of the giant slum. Nothing to be proud of, yet.

What does that make you then ? Sinking rathole?

 

[Chakar The Great]

Well done Bangladesh. Keep it up.
But remember India is no competition for you, think big and think higher. Proud of you mates.

 

[Indos]

Oh no bro that's a misunderstanding! We are PE, Private Equities, we buy non-public assets. Typically we invest money into a private company, and sell (we call "exit") our shares at IPO, or we may sell to other buyers public or private if IPO is not achieved (another way of exit). We help invested companies grow, we may re-structure them as we see fit, get them out of trouble, M&A, fill them with missing puzzle, we do anything while retaining a fair degree of control throughout until eventually we cash out.

Of course we have to know the stock market very well, cos either that's where our invested companies get listed (we sell shares in the market and cash out), or that's we find buyers to buy assets on our hand. But we do not buy any public shares, that's not our business.

Yes we use data providers, as well as lawyers, auditors, evaluators, head hunters, "consulting firm" ... the usuals in our business. Good to know you sell data, will check with you again if we got deals in Indonesia, stay in touch bro!

No problemo bro

 

[KrimesKaster]

"Bangladesh keeps outrunning India in per capita GDP race" .... by inflating prices....

 

[Bilal9]

"Bangladesh keeps outrunning India in per capita GDP race" .... by inflating prices....
View attachment 811364

If you are already in Canada, then stop wasting time being do rupaiya troll, politicking for Modi and try to work hard and put in more hours at UBER driving in the snow, so you can send more money back home, they'd appreciate it. Stop useless bhakt-giri schwanz measuring and chest beating. Modi and Mota Bhai is getting Billions richer, not you. And chew on these for a change (instead of putting up figures from 2015),

1. There has been zero growth in formal job sector in India for last three years, writing is on the wall. Modi ruined India more or less.

Data shows no major jump in formal sector jobs in 3 yrs - The Tribune

Sandeep Dikshit New Delhi, January 25 The green shoots of economic recovery anticipated by RBI chief Shaktikanta Das and Union Finance Minister Nirmala Sitharaman have been slow in taking root in the formal sector, if statistics on payrolls from three...

www.tribuneindia.com

2. $256 Billion loan is to be repaid by India this year, out of reserves which are $600 Billion. The figures on growth will change.

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India's forex reserves to face $256 billion overseas debt challenge in next 12 months​

SECTIONS
India's ..

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

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3. Also - debt to GDP ratio for India in 2020 was 74% by conservative estimates, it is close to 90% by now I'm sure. Bangladesh debt to GDP ratio at the same time was 32%.

Who do you think will get development loans cheaper?

Country List Government Debt to GDP

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Country List Government Debt to GDP. This page provides values for Government Debt to GDP reported in several countries. The table has current values for Government Debt to...

tradingeconomics.com

@Destranator and @UKBengali bhais am I wrong?

 

[Bilal9]

The International Monetary Fund (IMF) has raised its forecast for growth in India's gross domestic product (GDP) in FY23 by 50 basis points (bps) to 9 percent.

India's GDP growth forecast for FY24 was also raised by 50 bps to 7.1 percent.

IMF Raises GDP Growth Forecast By 50 Bps To 9% For FY23

The multilateral agency expects an improvement in India's credit growth, which would boost consumption and investment. The upward revision in the growth forecast is also on the back of better-than-expected performance by India's financial sector.

www.google.com

India's exports rises 25% yoy to $57.87B in December 2021, imports climb 34% yoy

India’s overall exports (Merchandise and Services combined) in April-December 2021 are estimated to be USD 479.07 Billion, exhibiting a positive growth of 36.31 per cent over the same period last year.

www.google.com

India's engineering goods exports touch $81.8 billion during April-December 2021 | Business News

The engineering goods sector formed the largest share, over 27%, of India’s total exports basket during the period.

www.google.com

Why is your flag Pakistani - if you are regurgitating Indian Godi media dhokeybaaj financial propaganda as your 6th post on this forum?

@waz, @The Eagle bhais is false-flagging against forum rules?

I have never seen people from countries other than India do this feminine nautanki drama sort of thing...

 

[Maula Jatt]

Why is your flag Pakistani - if you are regurgitating Indian Godi media dhokeybaaj financial propaganda as your 6th post on this forum?

@waz, @The Eagle bhais is false-flagging against forum rules?

I have never seen people from countries other than India do this feminine nautanki sort of thing...

look through posting history
everything is obvious

 

[Destranator]

"Bangladesh keeps outrunning India in per capita GDP race" .... by inflating prices....
View attachment 811364

Dude, you just posted a graph showing the Indian GDP per capita falling in fixed 2015 dollars. What are you on about?

BBS data has issues but "inflating prices" is not one of them.

 

[Indos]

Dude, you just posted a graph showing the Indian GDP per capita falling in fixed 2015 dollars. What are you on about?

BBS data has issues but "inflating prices" is not one of them.

By using constant 2015 USD it is clear that Indian nominal GDP is far from 3 trillion USD level. It is still 2.5 trillion USD, while Indonesia using the constant price 2015 still shows a trillion USD.

This why Indian claim that their economy has already been 3 trillion USD in nominal term should be debunked.

World Bank Open Data

Free and open access to global development data

data.worldbank.org

 

[KrimesKaster]

If you are already in Canada, then stop wasting time being do rupaiya troll, politicking for Modi and try to work hard and put in more hours at UBER driving in the snow, so you can send more money back home, they'd appreciate it. Stop useless bhakt-giri schwanz measuring and chest beating. Modi and Mota Bhai is getting Billions richer, not you. And chew on these for a change (instead of putting up figures from 2015),

1. There has been zero growth in formal job sector in India for last three years, writing is on the wall. Modi ruined India more or less.

Data shows no major jump in formal sector jobs in 3 yrs - The Tribune

Sandeep Dikshit New Delhi, January 25 The green shoots of economic recovery anticipated by RBI chief Shaktikanta Das and Union Finance Minister Nirmala Sitharaman have been slow in taking root in the formal sector, if statistics on payrolls from three...

www.tribuneindia.com

2. $256 Billion loan is to be repaid by India this year, out of reserves which are $600 Billion. The figures on growth will change.

-------------------------------------------------------------------------------------------------------------------

India's forex reserves to face $256 billion overseas debt challenge in next 12 months​

SECTIONS
India's ..

Read more at:
https://economictimes.indiatimes.co...ofinterest&utm_medium=text&utm_campaign=cppst

--------------------------------------------------------------------------------------------------------------------

3. Also - debt to GDP ratio for India in 2020 was 74% by conservative estimates, it is close to 90% by now I'm sure. Bangladesh debt to GDP ratio at the same time was 32%.

Who do you think will get development loans cheaper?

Country List Government Debt to GDP

This page displays a table with actual values, consensus figures, forecasts, statistics and historical data charts for - Country List Government Debt to GDP. This page provides values for Government Debt to GDP reported in several countries. The table has current values for Government Debt to...

tradingeconomics.com

@Destranator and @UKBengali bhais am I wrong?

You DO know the difference between Finance and Economics, don't you?

By using constant 2015 USD it is clear that Indian nominal GDP is far from 3 trillion USD level. It is still 2.5 trillion USD, while Indonesia using the constant price 2015 still shows a trillion USD.

This why Indian claim that their economy has already been 3 trillion USD in nominal term should be debunked.

Indeed! There is a reason why inflation corrected GDP is also called as "Real GDP". When an economy grows, it should produce more goods and services. True some inflation is also expected but if inflation explains most of your growth then the nominal number becomes meaningless. If only your goods and services became more expensive then your economy did not grow as much. So yes, India is no where near to 3 trillion dollar economy and Bangladesh per capita GDP is no where above India!

 

[Vapnope]

I heard that the Indian govt calculated cow dung into their GDP. Is it true? Why can cow shit count as GDP?

Sir that is selling like a hot cake in India since 2014. Cow dung is worth gold now a days

 

[Iron Shrappenel]

Just slightly ahead of the giant slum. Nothing to be proud of, yet.

Progress is progress

 

[KrimesKaster]

Dude, you just posted a graph showing the Indian GDP per capita falling in fixed 2015 dollars. What are you on about?

BBS data has issues but "inflating prices" is not one of them.

LOL! Indeed Indian GDP per Capita fell during 2020 because of effects of pandemic both in real (ie inflation adjusted) and nominal (ie just the number on the paper) terms. It is also true that when corrected for inflation, B'desh is no where producing enough goods and services per capita that it could be called above to those produced in India on a per-capita basis.

Just slightly ahead of the giant slum. Nothing to be proud of, yet.

You will be happy to know that B'desh is not even ahead of the giant slum. Actually, it is below the giant slum.

 

[The Eagle]

Why is your flag Pakistani

Being ashamed of real flag and obvious introduction.

 

[Maira La]

You will be happy to know that B'desh is not even ahead of the giant slum. Actually, it is below the giant slum.

Actually every nation is below giant slum. Suppapowa 2022!

Why is your flag Pakistani - if you are regurgitating Indian Godi media dhokeybaaj financial propaganda as your 6th post on this forum?

@waz, @The Eagle bhais is false-flagging against forum rules?

I have never seen people from countries other than India do this feminine nautanki drama sort of thing...

I bet almost 20% of the Pakistanis on this board are Indian false flaggers. There are also Indian rats bearing American, European, Israeli & Chinese flags.