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Old January 15th, 2012, 07:57 AM   #1
FAAN
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What developing countries closer to achieving developed country status?

Top 10 developing countries by GDP (nominal)

1. China: US$ 7,3 trillion > GDP per capita: US$ 5.971,50 > HDI: 0,687

2. Brazil: US$ 2,5 trillion > GDP per capita: US$ 13.636,00 > HDI: 0,720

3. Russia: US$ 1,8 trillion > GDP per capita: US$ 15.948,00 > HDI: 0,755

4. India: US$ 1,6 trillion > GDP per capita: US$ 2.780,00 > HDI: 0,547

5. Mexico: US$ 1,1 trillion > GDP per capita: US$ 11.530,00 > HDI: 0,770

6. Indonesia: US$ 845 billions > GDP per capita: US$ 3.980,00 > HDI: 0,617

7. Turkey: US$ 778 billions > GDP per capita: US$ 13.080,00 > HDI: 0,699

8. Saudi Arabia: US$ 577 billion > GDP per capita: US$ 23.815,00> HDI: 0,770

9. Iran: US$ 482 billion > GDP per capita: US$ 11.202,00 > HDI: 0,710

10. Argentina: US$ 447 billion > GDP per capita: US$ 14.400,00 > HDI: 0,797


Take guesses in accordance with current data.

Last edited by FAAN; September 2nd, 2012 at 07:09 PM.
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Old January 15th, 2012, 08:02 AM   #2
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1. Brazil, Russia and Mexico: 2025 to 2035
2. Argentina and South Africa: 2035 to 2040
3. Turkey and Saudi Arabia: 2040 to 2050
4. India and China: after 2050

Maybe so in the future!!!

Last edited by FAAN; October 9th, 2012 at 04:46 AM.
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Old January 15th, 2012, 09:21 AM   #3
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Where are Malaysia and Chile?
There are no options for Malaysia and Chile here?

In my humble opinion, Malaysia and Chile are much coser to achieve developed status than any other countries above.

Two countries's economic size are not that big because of small poplulation.
But they are developing very well so far.

Large economy with huge population doesn't directly mean developed staus. For example, Finland's economic size is not that big but is one of the most developed countries in the world with high productivity.

To be developed country has to achieve that most people has to enjoy high standard of living, high quality of living such as life expectancy and education etc. Large economic size doean't really matter actually for indiviual citizens.
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Old January 15th, 2012, 01:48 PM   #4
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Quote:
Originally Posted by FAAN View Post
1. Brazil, Russia and Mexico: 2020 to 2030
2. Argentina and South Africa: 2025 to 2035
3. Turkey and Saudi Arabia: 2030 to 2040
4. India and China: 2030 to 2050

Maybe so in the future!!!
I agree on 1. 2. and 3. but not on India. I think India will be developed only well after 2060. Bear in mind that the GDP/capita figure that is needed to be developed raises constantly. In 2050 it will be 40,000$/capita, because the USA, Germany, Japan etc will be at 80,000$ in 2050.
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Old January 15th, 2012, 01:56 PM   #5
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There's no way Brazil and Mexico become developed between 8 to 18 years....I know Brazil very well and they need at least 30 years, so I'd say 2045....and in the case of Mexico they have to get rid of the drug warlords first, which doesn't seem it's gonna be very soon...so I'd say 2040 for Mexico...

For Chile and Uruguay 2025...for Argentina 2030..
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Old January 15th, 2012, 02:40 PM   #6
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Quote:
Originally Posted by seaniscoming View Post
Where are Malaysia and Chile?
There are no options for Malaysia and Chile here?

In my humble opinion, Malaysia and Chile are much coser to achieve developed status than any other countries above.

Two countries's economic size are not that big because of small poplulation.
But they are developing very well so far.

Large economy with huge population doesn't directly mean developed staus. For example, Finland's economic size is not that big but is one of the most developed countries in the world with high productivity.

To be developed country has to achieve that most people has to enjoy high standard of living, high quality of living such as life expectancy and education etc. Large economic size doean't really matter actually for indiviual citizens.
Coz both Malaysia and Chile are out of top 10 developing countries by GDP.

Being developed is relatively and usually easier to be achieved by countries with smaller population.
But once a country with huge population achieves the developed status, that country will also get enough power to influence other countries and the world's economy significantly (e.g. USA, Japan, some European countries).
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Old January 15th, 2012, 03:20 PM   #7
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Quote:
Originally Posted by Erran View Post
Coz both Malaysia and Chile are out of top 10 developing countries by GDP.

Being developed is relatively and usually easier to be achieved by countries with smaller population.
But once a country with huge population achieves the developed status, that country will also get enough power to influence other countries and the world's economy significantly (e.g. USA, Japan, some European countries).
I know that options above are for only top 10 by GDP.
My question was why options above are for top 10, not for top 15, 20 or more countries.(why we ignore small size economic countries?, Reading between the lines, the economic size seems like everything. I mean, why only 10 countries are specially selected here when we talk about a developed county? Sorry if I got wrong. )

Also, the countries that has a economic power to influence other countries don't always mean developed status directly. Maybe those countries have a significance to world's economy but it doesn't mean a developed country right away. That was my point.

For example, China is already the economic power as a second largest economy in the world and influces the other countries signicantly today. But it doesn't make directly that China is a developed country. On the contrary, Denmark doesn't have a sigficance to world economy but is a developed country for sure.
Therefore,the economic size can be a factor but is not directly linked.

If you don't agree, that's fine.You can ignore. This is my personal opinion.
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Old January 15th, 2012, 03:41 PM   #8
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OK, the subject was only for specially selected 10 countries by GDP.(I am really sorry if I am talking off topic here. This is my last reply here.)
Even top 10 countries have a diffrent population, which means a quite diffrently situation. I mean each countries is standing a diffrent starting point in the running race.
So is it fair to ask who will be a developed contries in 2020 or 2025? Only comparing GDP to differnt countries AT THE SAME TIME?

What has a meaning to became NO.1 in GDP chart If the people doesn't enjoy the high standard of living RIGHT NOW?
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Old January 15th, 2012, 04:07 PM   #9
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My current data (IMF, 2010):
1) China - 5878 - 4382
2) Brazil - 2090 - 10 816
3) India - 1632 - 1371
4) Russia - 1480 - 10356
5) Mexico - 1034 - 9522
6) Turkey - 735 - 10309
7) Indonesia - 707 - 2974
8) Poland (sic!) - 469 - 12323
9) Saudi Arabia - 448 - 16267
10) Iran - 407 - 5449
11) Argentina - 370 - 9131
12) South Africa - 350 - 7274
13) Thailand - 319 -4992
14) United Arab Emirates - 302 - 57884
15) Venezuela - 293 - 10049
16) Colombia - 289 - 6360
17) Malaysia - 238 - 8423

So, which of these countries is closer to achieving developed country status - Poland, or United Arab Emirates?
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Old January 15th, 2012, 04:31 PM   #10
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Don't we have this exact same thread topic in this very subforum created by Vectroalenzis on the first page?
You did it again, FAAN!
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Old January 15th, 2012, 05:19 PM   #11
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Brazil is far away from becoming developed.

Considering history and culture it is possible that many of these countries never become developed. Argentina was developed in the past but it stagnated and lost it's developed status.

And of course, Chile is the developing country that will reach developed status sonner. Perhaps Thailand and Malasia will reach Chile but since they are very poor it will take long.
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Old January 15th, 2012, 06:43 PM   #12
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China, Russia and Argentina.
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Old January 15th, 2012, 06:59 PM   #13
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Wheres Uruguay?
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Old January 15th, 2012, 07:23 PM   #14
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Uruguay isn't one of the top 10 largest developing economies.

Those GDP per capita are actually kind of old.
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Old January 15th, 2012, 07:46 PM   #15
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Uruguay as a small state is obviously somewhere down the list, along with Chile:
18) Egypt - 218 - 2808
19) Chile - 203,3 - 11827
20) Nigeria - 202,6 - 1298
21) Philippines - 199,6 - 2123
22) Pakistan -176,9 - 1030
23) Romania - 161,6 - 7542
24) Algeria - 157,8 - 4366
25) Peru - 153,8 - 5205
26) Kazakhstan - 148,0 - 9009
27) Ukraine - 137,9 - 3013
28) Kuwait - 132,6 - 37009
29) Hungary - 130,4 - 13024
30) Qatar - 127,3 - 74901
31) Bangladesh - 105,6 - 642
32) Vietnam - 103,6 - 1174
33) Morocco - 91,1 - 2861
34) Angola - 82,5 - 4329
35) Iraq - 81,1 - 2531
36) Libya - 71,3 - 10873
37) Croatia - 60,8 - 13776
38) Syria - 59,3 - 2823
39) Ecuador - 58,0 - 3921
40) Oman - 57,9 - 19405
41) Belarus - 54,7 - 5771
42) Azerbaijan - 54,4 -6008
43) Dominican Republic - 51,6 - 5227
44) Sri Lanka - 49,5 - 2428
45) Bulgaria - 47,7 - 6356
46) Burma - 45,4 - 742
47) Tunisia - 44,3 - 4199
48) Guatemala - 41,2 - 2867
49) Uruguay - 40,3 - 11998

Which shall become a developed country sooner - Hungary or Qatar?
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Old January 15th, 2012, 08:17 PM   #16
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Hungary.
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Old January 15th, 2012, 08:27 PM   #17
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Old January 15th, 2012, 09:35 PM   #18
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Quote:
Originally Posted by Voltico View Post
There's no way Brazil and Mexico become developed between 8 to 18 years....I know Brazil very well and they need at least 30 years, so I'd say 2045....and in the case of Mexico they have to get rid of the drug warlords first, which doesn't seem it's gonna be very soon...so I'd say 2040 for Mexico...

For Chile and Uruguay 2025...for Argentina 2030..
As for Brazil and Mexico (mainly Brazil), I took data from surveys here in Brazil, and they say that between 2021 and 2025.
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Old January 15th, 2012, 09:44 PM   #19
FAAN
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Quote:
Originally Posted by Guaporense View Post
Brazil is far away from becoming developed.

Considering history and culture it is possible that many of these countries never become developed. Argentina was developed in the past but it stagnated and lost it's developed status.

And of course, Chile is the developing country that will reach developed status sonner. Perhaps Thailand and Malasia will reach Chile but since they are very poor it will take long.
I believe it will not take long for Brazil to develop, even though Brazil has problems, may not be as severe as in countries like China, India, Philippines and Thailand. Maybe Brazil will become Argentina's first, because inflation in Brazil has 5%, as in Argentina more than 25%.
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Old January 15th, 2012, 09:48 PM   #20
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Colombia, baby

Growth: 6%
Inflation: 3%
Per. Capita: $10,300
HDI: .710 (high)


Developed by 2027
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