Bangladesh Per capita income now $1314

[WAR-rior]

Hopefully more of this news will stop those Indians trying to claim that India is the land of milk and honey for Bd'shis

Then take the 1Crore Bangladeshis from India. We will for sure stop claiming anything and everything. Period.

Pakistan faces far more problems than BD does - major one is that India is a threat to Pakistan and hence Pakistan needs to spend far more on defence than BD does. Saying this there are some lessons that Pakistan should be able to take from BD.

You seems to be an expert on Pakistan rather than Bangladesh.

India is just as much a threat to Bangladesh as it is to Pakistan, and vice versa.

JAMATI SPOTTED.

 

[Donatello]

Because Bangladesh has better energy management policies in place. Whereas the Pakistanis are very wasteful. Anyway, I get the impression Pakistan has already realised much of its potential and growth rate will probably remain at current levels for a long time to come. Bangladesh is a relatively new country with a lot of political turmoil, undermining growth. As political uncertainties subside, growth will persist, not only that, it will grow. I can imagine the country attaining 10% growth when the world economy recovers further.

It is good to be optimistic, but being realistic is better.

You can wait and see what happens in 10-15 years.

 

[UKBengali]

Then we should try to become a threat for BD too, then the two brotherly nation will be in level playing field. Moron.

Don't drag India into all your issues. We don't blame China for our economic issues, we look inside. That's one takeaway lesson to improve the economy.

You sound a little butt-hurt dude.

BD would be way,way wealthier than India if it was not for the fact that BD only got it's independence in 1971, a full 24 years behind India.

BD needs to start preparing itself for the coming onslaught of poverty-stricken Indians to an increasingly prosperous BD.

No, that is not how this works.
Let's look at some facts:

Bangladesh is extremely poor, so there is more room for growth. Pakistan was where Bangladesh is today, about 10-15 years ago.
Now Back then, Pakistan didn't suffer from energy shortage much (natural gas or electricity)....however as the economy expanded and the demand for power grew, Pakistan choked on it's own. Pakistan's main hindrance to economy is energy only. Because there is tons of money in Pakistan that can be put in factories, but if you don't have energy, then those factories cannot do anything much. In every industry, Pakistan is still way ahead of Bangladesh.

Bangladesh Installed capacity of electricity is 11,500 MW which is derated to 10,500 (http://www.bpdb.gov.bd/bpdb/index.php?option=com_content&view=article&id=150&Itemid=16|)

Pakistan's total installed capacity is well over 20,000MW, but as due to fuel mismanagement it produces 16-18000 MW.

Let's look at natural gas, Bangladesh demand is 2.5 billion cubic ft a day, Pakistan's is greater than 6 billion cubic ft. Our supply and demand gap is same as Bangladesh total demand

Now we have twice the installed electricity capacity as Bangaldesh and more than twice the natural gas demand....yet our population is 190 million and Bangladesh is 160 million.

So with just 18% more population, why is that Pakistan needs twice the energy amount?
As Bangladesh diversifies it's industry from textiles into other sectors, they'll realize that with energy shortage they too will stifle their growth. So Bangladesh cannot keep growing at 6-7%.
As with any developing economy, you have much room to grow in the beginning, but it will slow down after a certain amount of organic growth has been achieved.As there is the case in China is slowing down because they have expanded so much, but India can grow because they have much room to grow. India will find that after 10 years, they too will have to face the same. This is the process of any country going through a development phase.

So saying that in 12 years, Bangladesh will surpass Pakistan, is really not stating much. Not that it cannot, but my question is, where is that growth going to come from? And during that time, Pakistan won't be sitting still. As energy projects come online, economy will easily add 2-3% growth to the gdp rate.


I hope you understand.

BD is just as wealthy as Pakistan these days on a per-capita basis. We already live 3-4 years longer than the average Pakistani.

The figures you are quoting for BD electricity generation capacity do not take into account the widespread use by industry of generators. Add on an extra 2-3 GW by this method and you would get a more truer measure of total generating capacity of BD. Also you forget that the Pakistan military uses far more electricity than the much smaller BD one and that also somewhat accounts for the discrepancy.

I wish that Pakistan does well but currently it is no match economically for BD, whose economy can grow 6.5% a year even with widespread industrial strife.

 

[extra terrestrial]

Investments are still below expectation, we need to work on that!

 

[masud]

we need to work hard................

 

[farhan_9909]

As per a very recent report,Pakistan per capita income for 2015 is 1460$

Pakistan GDP numbers even for this year are not updated by IMF,Perhaps they are also waiting for the change in base year but a recent deficit target direct reveals that our GDP is estimated at 320Billion dollars,with this our per capita income will be +1650$

 

[AbidM]

WOOHOOT, OH I'M BACK

 

[UKBengali]

As per a very recent report,Pakistan per capita income for 2015 is 1460$

Pakistan GDP numbers even for this year are not updated by IMF,Perhaps they are also waiting for the change in base year but a recent deficit target direct reveals that our GDP is estimated at 320Billion dollars,with this our per capita income will be +1650$

Hope that Pakistan does well.

A strong Pakistan is critical to peace and prosperity in South Asia.

 

[farhan_9909]

Hope that Pakistan does well.

A strong Pakistan is critical to peace and prosperity in South Asia.

i am optimistic for the future of Pakistan.

The competitive economical and political rivalry between PMLN and PTI in long term will help Pakistan.

FY 2015-16 economically will be a important year for Pakistan as Pakistan will surpass 5% growth mark,reserve in excess of 25Billion dollars and reduction in load shedding.FY 2015-16 will mark the recovery of Pakistan economy after 10 long years

 

[Shams313]

we need to work hard................

Dude like Japanese..

 

[WAR-rior]

As per a very recent report,Pakistan per capita income for 2015 is 1460$

Pakistan GDP numbers even for this year are not updated by IMF,Perhaps they are also waiting for the change in base year but a recent deficit target direct reveals that our GDP is estimated at 320Billion dollars,with this our per capita income will be +1650$

Link plz. What u said made no sense. Until specified by some research.

 

[Shams313]

Need more investment..................
glad to know that news......At least we can say we r developing.......

 

[masud]

Dude like Japanese..

we can develop our country in our way.................as like BANGALI.

 

[farhan_9909]

Link plz. What u said made no sense. Until specified by some research.

Poor’s gives thumbs-up to Pakistan economy - Pakistan - DAWN.COM

Pakistan’s GDP per capita is expected to rise by 4.3pc to about $1,460 this year, from 5.4pc in 2014, the agency said. “We have revised our 2015-17 average real GDP growth projections for Pakistan to 4.6pc, from 3.8pc

Regarding GDP numbers

if the deficit is 1.4trillion pkr or 4.4% of GDP,it roughly means that the total GDP is 32Trillion pkr or 320Billion dollars.calculate the per capita yourself
Pakistan wants IMF to relax budget deficit cut - The Express Tribune

 

[UKBengali]

@farhan_9909 : I think that Pakistan should use BD GDP/capita as a base level and make sure that BD cannot surpass Pakistan in that category. If it achieves that then it means that Pakistan is doing well economically.