UAE
May 14th, 2006, 07:27 AM
compared with other gulf states?
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View Full Version : is bahrain poor? UAE May 14th, 2006, 07:27 AM compared with other gulf states? Halawala May 14th, 2006, 09:13 AM ^^ Ur threads always crack me up! loool :haha: Bahrain has a lot of poor people; but it is in no way considered "a poor country." Bahrain's GDP per capita is just over $20,000 compared to Saudi Arabia's $14,000. So its not the poorest our of the Gulf states (Oman has a GDP of $13,000. Got my research thing going on.. lol Skyprince May 14th, 2006, 09:31 AM I am a Malaysian and hav been to Bahrain but cannot say anything because Bahrain is a small island similar in size to Singapore . But Bahrain is a developed country. The airport is Cool ! Wild el Bahrain May 14th, 2006, 10:32 AM Thanx Halawala u spared me from looking up for the numbers ;) We might be the country with the least oil production levels but that doesnt tell the whole story..Unfortunately neither does the GDP per capita. Halawala May 14th, 2006, 11:20 AM Bahrain is almost twice the size of Singapore... Bahraini Spirit May 14th, 2006, 12:12 PM Bahrain is almost twice the size of Singapore... Wrong bro, it used to be smaller but with all this freakin reclamation we might just tip em off by a bit in the not so far future. Singapore: 692.7 sq km Bahrain: 665 sq km I tell you what, if Bahrain's money was used properly, you'd see that Per capita over $30,000 ages ago. They aim to make it that in I dunno how many years, 10 if am not wrong. Again, per capita is deceiving, looks at tons of western countries, high per capitas but once you go there, you see loads of unfortunate people that are in disastrous conditions when compared to say the ones we have in bahrain. Oh ya, the per capita is actually $20,500, you forgot the live savin $500 :D. Halawala May 14th, 2006, 01:29 PM Wrong bro, it used to be smaller but with all this freakin reclamation we might just tip em off by a bit in the not so far future. Singapore: 692.7 sq km Bahrain: 665 sq km I tell you what, if Bahrain's money was used properly, you'd see that Per capita over $30,000 ages ago. They aim to make it that in I dunno how many years, 10 if am not wrong. Again, per capita is deceiving, looks at tons of western countries, high per capitas but once you go there, you see loads of unfortunate people that are in disastrous conditions when compared to say the ones we have in bahrain. Oh ya, the per capita is actually $20,500, you forgot the live savin $500 :D. Oh, I forgot floos el betrool :hahaha: Actually, I was quite surprised because I always thought Singapore was a lot smaller. Whenever I go there, I used to go to places near the Malaysian border which were only 15 or 20 minutes away (which to them was far but to me was sooo close)! Singapore downtown is also mostly reclaimed, Sentosa Island, and the southern coast is all reclaimed land. Yallah 3ad, do some more islands and beet them!! lool :bash: :bash: Halawala May 14th, 2006, 01:40 PM I researched the internet about Singapore's area Before 1960: 581 km2 During 1990: 633 km2 Today 2006: 692 km2 I am sure Bahrain can easily add 100 km2 with all its land reclaimation that it has done or its doing. B-Patriot May 14th, 2006, 03:35 PM We'll surely beat Singapore in making more islands... :tongue2: We have a whole LOT of that going on....!! The Map will be transformed by 2010...! And NO, we're not poor... :) Look at Saudi and Oman's per capita, like Halawala pointed out... But in ways we are perhaps less fortunate, even compared to Saudi (e.g. Abundance of Scholarships) now that King Abdulla has become in charge.. But still i much prefer Bahrain for its tolerance, freedom, friendlyness, and general social attitudes and atmosphere (Even if it was poor, which its not).... :D Adel May 14th, 2006, 05:19 PM Imagine if your Grandfather stayed in Hassa and hadn't migrated to Bahrain you would have been a Saudi with a scholarship studying in Bahrain . :jk: :jk: B-Patriot May 14th, 2006, 05:23 PM Hahahaah, Who are you, how do u know me :runaway: Adel May 14th, 2006, 05:38 PM You mentioned your father was head of a University in Bahrain. abonoor May 14th, 2006, 06:11 PM bahrain is smaller country in the gulf have alot of mony but the goverment is stallen that mony and keep the citzen with a low level imagen that the most of people in bahrain working for a sallary between 180 bd to 200 bd its between 500 to 550 usa dollar per month and they have to pay alot of things like electricty bill and phone line ,rent of house,car fule etc what will remain for thier family best regard CityofVillains June 5th, 2006, 07:13 PM Very informative. But I have to point one thing out, Bahrain has a population of 698,585, which includes 235,108 non-nationals (2006 est.). Where as, the population of Saudi Arabia is 27,019,731 which includes 5,576,076 non-nationals (2006 est.). Now the per capita income is divided among the number of 'heads' in a country, pretty obvious. Where as, the Saudis have way more heads than Bahrain, its unrealistic to say that Bahrain is richer than Saudi Arabia. The GDP (purchasing power parity) of the Saudis is $338bn, and if you divide that by 27m, you get 12 and a half, which means the per capita of Saudi Arabia is $12,500 a year. On the other hand, the Bahraini GDP (purchasing power parity) is only at $15.83bn and if that divided by the local population will result in $23,000 per capita. Its pretty obvious that Saudi Arabia has a larger GDP, but a larger population has forced the per capita income to be lower. Lets take a scenerio where the Saudi population equals the population of Bahrain, lets put this at 700,000 people. Along with a $338bn GDP. So if you divide $338bn / on 700,000 people.. what does that equal ? and who'd be richer ? the Saudi's or the Bahrainis' ? ;) But anyhow, thats just food for thought. Back to reality, the average Bahraini is richer than an average Saudi, but that is because of the population factor. :) shayan June 5th, 2006, 08:26 PM Iraq, Iran, Oman, Saudi are even poorer.. CityofVillains June 5th, 2006, 10:08 PM Iraq, Iran, Oman, Saudi are even poorer.. Larger populations. Iran $561.6 billion, but divided among 75m people. Pakistan $400 billion, but divided among 172m people, projected to touch 360m by 2030. Saudi $338 billion, but divided among 27m people. Iraq.. invaded, occupied, messed up right now.. and 25m people. Oman.. needs to bring in economic reforms, it doesn't have a large population. only 3m people. better economic management will usher a new era of omani development. The countries mentioned above besides Oman need to control population growth. Bahrain, UAE, Kuwait, and Qatar have been very successful at this. *UofT* June 5th, 2006, 11:28 PM Saudi Arabia's per capita GDP will sky rocket soon enough, In the 80's Saudi was one of the wealthiest nations in the world and that was during high crude prices. The Crude prices are now at a 30 year high and expect Saudi's per capita GDP to relfect that. Bahrain is in no way poor at all and Inshallah they will hit 30,000 per capita GDP soon enough. Matthias Offodile June 5th, 2006, 11:49 PM Germany´s GDP is around $25 000 and I can assure you that there is a lot of poverty around....the gap between the have and have nots widens considerably if you compare Germany nowadays to that really rich country it was some 10 to 15 years back. The country is falling steadily but politicians are not telling the truth in order to remain in power in the name of "democracy". Debts of the country are sky-rocketing and the next generation will no longer live so pampered than the present generation does. I would love to swop Bahrain for Germany. :) musang June 17th, 2006, 09:11 AM Singapore downtown is also mostly reclaimed, Sentosa Island, and the southern coast is all reclaimed land. Sentosa Island was never built on a reclaimed land, it was previously known as 'Pulau Blakang Mati' (word to word translation reads as "pulau - island, blakang - backside, mati - dead").. which part of Singapore's downtown were u referring to? RafflesCity June 17th, 2006, 03:23 PM ^^ Indeed. Sentosa Island is a natural island (former British fort), although some reclamation work has extended its land area for residential developments (http://www.skyscrapercity.com/showthread.php?t=208462): http://img100.imageshack.us/img100/8539/dsc11171ft.jpg http://business-times.asia1.com.sg/mnt/media/image/launched/2005-10-26/261005_ascove26_Pg10.gif musang June 17th, 2006, 06:28 PM ^ wow, how time flies.. just goes to show it has been ages since i last made a trip to the lion city.. Rahmani June 17th, 2006, 06:46 PM Bahrain currently has a GDP per capital of $ 23,000. A higher GDP per capital compared to countries like: Greece - 22.200 South Korea - 20.400 Portugal - 19.300 Kuwait - 19.200 In the Golf area other countries such as Kuwait, Oman, Saudi Arabia, Iran. Intoxication June 18th, 2006, 05:16 AM Very informative. But I have to point one thing out, Bahrain has a population of 698,585, which includes 235,108 non-nationals (2006 est.). Where as, the population of Saudi Arabia is 27,019,731 which includes 5,576,076 non-nationals (2006 est.). Now the per capita income is divided among the number of 'heads' in a country, pretty obvious. Where as, the Saudis have way more heads than Bahrain, its unrealistic to say that Bahrain is richer than Saudi Arabia. The GDP (purchasing power parity) of the Saudis is $338bn, and if you divide that by 27m, you get 12 and a half, which means the per capita of Saudi Arabia is $12,500 a year. On the other hand, the Bahraini GDP (purchasing power parity) is ONLY at $15.83bn and if that divided by the local population will result in $23,000 per capita. Its pretty obvious that Saudi Arabia has a larger GDP, but a larger population has forced the per capita income to be lower. Lets take a scenerio where the Saudi population equals the population of Bahrain, lets put this at 700,000 people. Along with a $338bn GDP. So if you divide $338bn / on 700,000 people.. what does that equal ? and who'd be richer ? the Saudi's or the Bahrainis' ? ;) But anyhow, thats just food for thought. Back to reality, the average Bahraini is richer than an average Saudi, but that is because of the population factor. :) Well, Saudi is likely to have a larger GDP PPP than Bahrain due to its larger population. If in both countries, every individual contributes, say $1 per day to the economy, than Arabia will end up with goods and services worht $27m per day where as Bahrain will only have $0.7m. So larger populations are actually a 'gift' rather than 'burden' on an economy, as you are making them out to be. Your senario can't work as it wud be extremely difficult for a nation of just 700,000 ppl to produce $338bn GDP. BinALAin June 18th, 2006, 05:29 AM funny thread. smussuw June 18th, 2006, 09:21 AM last time I checked Bahrain's GDP was between 13,000 and 16,000. Are u sure about the 23,000? Bahraini Spirit June 18th, 2006, 05:58 PM last time I checked Bahrain's GDP was between 13,000 and 16,000. Are u sure about the 23,000? Yup man, it's true: http://www.cia.gov/cia/publications/factbook/geos/ba.html The UAE's is $43,000. Bahrain's per capita will go up to around $30,000 within 5 years and probably $35,000 by 2015. That is if all goes to plan. YeMeNi_guy June 27th, 2006, 06:00 AM wow 43000 is alot! thats more than qatar Skyline-BRN June 27th, 2006, 06:13 AM i wouldnt be surprised if qatars gdp surpasses uae in future...but yah 43000 is heck of alot! smussuw June 27th, 2006, 10:57 AM I do think that there is something fishy about the UAE's and Bahrain's GDP per capita. If the UAE was really lucky our GDP would be barely 30,000$ comparing to 23,000$ two years ago. shayan June 27th, 2006, 11:41 AM Larger populations. Iran $561.6 billion, but divided among 75m people. Pakistan $400 billion, but divided among 172m people, projected to touch 360m by 2030. Saudi $338 billion, but divided among 27m people. Iraq.. invaded, occupied, messed up right now.. and 25m people. Oman.. needs to bring in economic reforms, it doesn't have a large population. only 3m people. better economic management will usher a new era of omani development. The countries mentioned above besides Oman need to control population growth. Bahrain, UAE, Kuwait, and Qatar have been very successful at this. Pakistan is not a Persian gulf litoral state.... Irans population is 68 million... Saudi has a expat community of 6 million i dont think they share the wealth the saudies have (atleast i dont expect that) And Bahrein is specially rich because of good banking.. Bahrein should probably atract the rich european old people the Woopies thats a market not exploited in the region. Because Dubai is specially focusing on the Young Urban proffesionals. B-Patriot June 28th, 2006, 01:45 AM LoL, the old figures on the CIA website seemed reasonable... but the new 2005 revised ones, wtf... We're richer than Kuwait?? And mashhalla, the UAE got a BIG positive revision!! Why not Qatar! |