KSE contradicts official figures for Pakistan’s GDP, actual amounts $300 bn

[yyetttt]

@roybot ur right... it equals to $295b

ok so lets see

3% of 210 is what (2012)
+
3% of 190 is what (2011)
+
3% of 170 is what (2010)

=

its more than 300 bn

 

[Roybot]

@roybot ur right... it equals to $295b

ok so lets see

3% of 210 is what (2012)
+
3% of 190 is what (2011)
+
3% of 170 is what (2010)

=

its more than 300 bn

What are you on about

 

[yyetttt]

^^ u proved u know nothing... i aready knew from ur posts u knew nothing about GDP just headbutted in

 

[Roybot]

^^ u proved u know nothing... i aready knew from ur posts u knew nothing about GDP just headbutted in

lmao o reely? Why don't you elaborate a bit about your calculation up there, and how you reached from 210 billion to 295 Billion in 3 years with a growth rate of 3%.

 

[yyetttt]

@roybot

I already told you.

3% of $210 billion is our 2012 growth rate and GDP

3% of $190 billion is our 2011 growth rate and GDP

3% of $170 billion is our 2010 growth rate and GDP

So do the math and add it up to $210 billion. You'll get more than $300 billion. I'm sure you know math?

 

[Roybot]

@roybot

I already told you.

3% of $210 billion is our 2012 growth rate and GDP

3% of $190 billion is our 2011 growth rate and GDP

3% of $170 billion is our 2010 growth rate and GDP

So do the math and add it up to $210 billion. You'll get more than $300 billion. I'm sure you know math?

Are you for real? How old are you? I hope you are still in middle school or something. Because a grown as man not being able to do something as simple as percentage is quite sad.

In 2012 Pakistan's gdp is $210 Billion- Growth rate- 3%- Therefore in 2013 Pakistan's gdp will be 210+ 3% of 210= $216.3 Billion and then you factor in the inflation you ll get around $220 Billion

In 2013 Pakistan's GDP is $225 Billion- Growth rate- 3%- Therefore in 2014 Pakistan's GDP will be 220+3% of 220= $226.6 Billion, factor in the inflation you ll get around $230 Billion

In 2014 Pakistan's GDP is $230 Billion- Growth rate- 3%- Therefore in 2015 Pakistan's GDP will be 230+ 3% of 230= $237 Billion, factor in the inflation you ll get around $245 Billion max.

I hope this is clear now.

Besides this is not what the thread is about. According to the KSE director Pakistan's GDP is already $300 Billion (when you take in account the underground economy) and will be around $350-370 Billion by 2015. In which case Pakistan isn't alone, every developing country has a substantial economy so I don't know what he would get out of misleading Pakistanis again.

 

[yyetttt]

^^ All wrong

He said if Pakistan grows at 3% until 2015 then it will be $345 billion. Nothing about the underground economy

 

[karan.1970]

Are you for real? How old are you? I hope you are still in middle school or something. Because a grown as man not being able to do something as simple as percentage is quite sad.

In 2012 Pakistan's gdp is $210 Billion- Growth rate- 3%- Therefore in 2013 Pakistan's gdp will be 210+ 3% of 210= $216.3 Billion and then you factor in the inflation you ll get around $220 Billion

In 2013 Pakistan's GDP is $225 Billion- Growth rate- 3%- Therefore in 2014 Pakistan's GDP will be 220+3% of 220= $226.6 Billion, factor in the inflation you ll get around $230 Billion

In 2014 Pakistan's GDP is $230 Billion- Growth rate- 3%- Therefore in 2015 Pakistan's GDP will be 230+ 3% of 230= $237 Billion, factor in the inflation you ll get around $245 Billion max.

I hope this is clear now.

Probably he is factoring in an inflation rate of 15-20% to arrive at 300.. Considering inflation rate for 2011 for Pakistan is 18.94%

Hence while the absolute numbers of GDP may look growing at almost 11% (210/190), most of that absolute number growth is driven by inflation and not actual GDP growth

World Development Indicators and Global Development Finance - Google Public Data Explorer

 

[xyxmt]

Every country has underground economy, Pakistan isn't the only one. If we count India's underground economy our GDP will be our 3 Trillion.

wrong it would be 6 Trillion-Gazillion, and please do tell us more about Indian Economy

 

[zip]

@jellodragon
your basic mathematics is not up to the mark

 

[yyetttt]

^^ inflation is 9.6% in pakistan buddy

@karan.1970

 

[gslv mk3]

^^^ Only indians measure in PPP to make them feel good. u dont measure in PPP to compare

dude ppp is the real 'value of money'
with $1 you can buy a coke can in the US
with the same $1 you can buy 2.5 coke cans in India

 

[OrionHunter]

^^^ Only indians measure in PPP to make them feel good. u dont measure in PPP to compare

Straw man argument. Economy is measured both ways. PPP is country specific. If a bar of chocolate costs $3 in the U.S. it doesn't mean it would cost 3x50 or Rs 150 here!

 

[karan.1970]

^^ inflation is 9.6% in pakistan buddy

@karan.1970

Forgive me.. but world bank says otherwise. 2011 figures from Inflation in Pakistan are close to 19%

World Development Indicators and Global Development Finance - Google Public Data Explorer

 

[Pak47]

Indians begin burning reading any Pro-Pakistani News.