TOP 20 Muslim Economies

[JayAtl]

Muslims with 1.8 billion worldwide population are complete under-achievers.

it's more about countries that run their constitution based on religion will forever be under achievers -because their zealots will forever bring them down.

 

[true_indian]

without petrol revenue Total:4.265.773
with petrol revenue Total 5.267.038

not 2/3 only %19

hehe..who taught you economics? Exports - Imports != GDP..

 

[AKINCI]

hehe..who taught you economics? Exports - Imports != GDP..

a kicked indian has claimed that most of muslim revenues coming from their petroleum reserves.

 

[true_indian]

a kicked indian has claimed that most of muslim revenues coming from their petroleum reserves.

Yes thats true because most Muslim countries have only petroleum industry nothing else. You see GDP is calculated using number of monetary transactions happened in that year. If a GDP of a country is $250 billion that doesn't mean there is $250 billion in the economy. It means $250 billion worth of transactions happened in the country. Most of this money is redundant.

I'll give you a simple example. You have a dollar, you buy something from a merchant. Your merchant use the same dollar to buy from some other merchant. So in fact its the same dollar being reused but in GDP calculations it is counted as two dollars, one for each transaction. So the money is redundantly counted. SO assuming a petrol dollar changes hands 4 times in arab countries in a year..your 19% jumps to 76%.

 

[Banglar Lathial]

Indonesia will surpass Turkey at the end of this year.

TOP 20 Muslim Economies (IMF 2011)

1.Indonesia 822.631
2.Turkey 797.605
3.S.Arabia 578.566
4.Iran 420.894
5.UAE 363.815
6.Nigeria 267.779
7.Malaysia 247.781
8.Egypt 231.111
9.Pakistan 202.831
10.Qatar 194.270
11.Algeria 192.384
12.Kuwait 172.778
13.Kazakhstan 168.789
14.Bangladesh 115.387
15.Iraq 108.418
16.Morocco 100.323
17.Sudan 75.103
18.Azerbaijan 72.189
19.Syria 68.336
20.Oman 66.048

Total 5.267.038 Japan 5.821.945

Even 20 Muslim country can't surpass Japan which have 130 million pop.

Errmm...bro, do you know what you just calculated? Do you know what MER represents? Do you know the futility in adding up domestic productions of various disparate geographic and political entities ruled by (mostly) Kafir laws using the exchange rate (mostly) determined on the basis of the subset of domestic production traded on the international market is grossly misleading?

If you feel any better, even 1.3 billion Chinese could not surpass Japan with 130 m population until recently, India with 1.2 billion ppl still does not produce 30% of Japan's GDP, and Africa with 1 billion people is only slightly ahead of Japan by your measure.

If you add all "Muslim" countries' GDP, then Japan's GDP is already surpassed although this is not much to be proud of for Muslims as a whole, since Muslims have around 1.5 or 1.6 billion peopl.

 

[Banglar Lathial]

source

Right now we are $1.770 trillion

Well combined per capita of Muslims is slightly less to that of Hindus..so yes he is wrong.
25 million Hindus (Including Sikhs) outside India support an economy of $450 billion of which $150 billion is in US alone fo just 3 million people.fact:- Formally Sikhs,Buddhists,Jains,Indian Atheists are considered Hindus by Indian Government

What? Per capita of Muslims is slightly less to that of Hindus? According to what criterion is that? If it's measured by the amount of urine consumed per capita, then I won't argue. If you want to debate economic facts, all guns blazing...

 

[Banglar Lathial]

Petrol Exporters (only top 20) billion$
1.S.Arabia 324.837
2.UAE 107.629
3.Qatar 107.359
4.Iran 97.005
5.Kuwait 88.214
6.Nigeria 87.923
7.Algeria 83.333
8.Iraq 70.855
9.Kazakhstan 54.086
10.Azerbaijan 35.855
11.Oman 32.968
12.Malaysia 24.002
13.Indonesia 20.808
14.Sudan 13.958
15.Egypt 9.981
16.Syria 6.652
17.Turkey 6.443
18.Pakistan 1.237
19.Morocco 0.658
20.Bangladesh --

Total: 1.173.803

Bro, where did you get these numbers from? Bangladesh does not export any oil or petroleum whatsoever, even India has more petroleum than Bangladesh, and look at its state.

 

[Banglar Lathial]

Yes thats true because most Muslim countries have only petroleum industry nothing else. You see GDP is calculated using number of monetary transactions happened in that year. If a GDP of a country is $250 billion that doesn't mean there is $250 billion in the economy. It means $250 billion worth of transactions happened in the country. Most of this money is redundant.

I'll give you a simple example. You have a dollar, you buy something from a merchant. Your merchant use the same dollar to buy from some other merchant. So in fact its the same dollar being reused but in GDP calculations it is counted as two dollars, one for each transaction. So the money is redundantly counted. SO assuming a petrol dollar changes hands 4 times in arab countries in a year..your 19% jumps to 76%.

If this is what they teach you in India, that's all the more reason for Bangladeshis and the whole world to stay clear of India and Indians. Oh my..!

 

[Banglar Lathial]

Is there any civilian airliner designed, built or produced in India? If not, how can Indians even dare to point fingers at Muslim world's development level?


What is the Indian counterpart to this?

Or this?

Or this?

Even this?

 

[Abu Zolfiqar]

hehe..who taught you economics? Exports - Imports != GDP..

it's obviously you who is a moron.....there is a lot more to GDP than just trade.

you also have taxes, government expenditures, investment (domestic and foreign), and of course domestic consumption.


and also keep in mind that in countries like Pakistan --- a lot of the economy is undocumented. While our real GDP (adjusted for inflation) is roundabout $520 billion, the informal economy is worth roughly another $85 to 100 billion (my personal estimate). It is much to our peril that the govt. squanders some of the money and stashes it away; it is unfortunate that our tax base is only 10% ......through tax reform and short-term pain, the country can easily stand on its own. It has in the past, and it will in the future.


its only the leashless indian troll brigages who like to paint Pakistan as some despondently poor country that survives on cash handouts which couldnt be farther from the truth. . . Pakistan is still the 26th largest economy in the world, and with the right policies and a ''saner'' environment Inshallah we will rise up the ranks.

 

[Storm Force]

49 TH Largest econ omy based on GDP NOMINAL NOT 26TH

 

[Abu Zolfiqar]

Nominal exludes a lot of key factors, such as purchasing power.....it just gives absolute amounts. When talking about developing countries I think it's better to factor in purchasing power parity.

and in PPP terms, adjusted for inflation -- Pakistan is ranked @ 26 (27 according to some sources).


you can double check if you want, I am just stating the facts

 

[true_indian]

it's obviously you who is a moron.....there is a lot more to GDP than just trade.

you also have taxes, government expenditures, investment (domestic and foreign), and of course domestic consumption.


and also keep in mind that in countries like Pakistan --- a lot of the economy is undocumented. While our real GDP (adjusted for inflation) is roundabout $520 billion, the informal economy is worth roughly another $85 to 100 billion (my personal estimate). It is much to our peril that the govt. squanders some of the money and stashes it away; it is unfortunate that our tax base is only 10% ......through tax reform and short-term pain, the country can easily stand on its own. It has in the past, and it will in the future.


its only the leashless indian troll brigages who like to paint Pakistan as some despondently poor country that survives on cash handouts which couldnt be farther from the truth. . . Pakistan is still the 26th largest economy in the world, and with the right policies and a ''saner'' environment Inshallah we will rise up the ranks.

What are you on about? I am just explaining him how the GDP is calculated. He thinks GDP is exports - Imports. Also next time read the post carefully.

hehe..who taught you economics? Exports - Imports != GDP..

 

[Mike2011]

it's obviously you who is a moron.....there is a lot more to GDP than just trade.

you also have taxes, government expenditures, investment (domestic and foreign), and of course domestic consumption.


and also keep in mind that in countries like Pakistan --- a lot of the economy is undocumented. While our real GDP (adjusted for inflation) is roundabout $520 billion, the informal economy is worth roughly another $85 to 100 billion (my personal estimate). It is much to our peril that the govt. squanders some of the money and stashes it away; it is unfortunate that our tax base is only 10% ......through tax reform and short-term pain, the country can easily stand on its own. It has in the past, and it will in the future.


its only the leashless indian troll brigages who like to paint Pakistan as some despondently poor country that survives on cash handouts which couldnt be farther from the truth. . . Pakistan is still the 26th largest economy in the world, and with the right policies and a ''saner'' environment Inshallah we will rise up the ranks.

Well pakistan is not self sufficient. It has no significant export industry. For foreign exchange depends on USA aid and arab handout. Other source of foreign exchange is remittance. Direct investment is nearly ZERO. infact capital outflow.
Don't bash Indians, proof is IMF loan as lifeline!!

 

[DESERT FIGHTER]

Well pakistan is not self sufficient. It has no significant export industry. For foreign exchange depends on USA aid and arab handout. Other source of foreign exchange is remittance. Direct investment is nearly ZERO. infact capital outflow.
Don't bash Indians, proof is IMF loan as lifeline!!

So a billion dollar runs our whole economy?
Ur a genius.

P.S=I hope ur country takes AID frm USA,UK and UN.