I calculated Vietnam's GDP Per Capita using the 10% annual growth. I think that Vietnam can obtain the 10% annual growth and the GDP Per Capita will reach almost $50,000 by 2050. Of course, this is a very idealistic goal but it is possible if Vietnam focuses in developing and improving its economy.
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Estimation of GDP Per Capita for Vietnam (10% annual growth)
2000, $400
2005, $644
2010, $1037
2015, $1670
2020, $2690
2025, $4333
2030, $6979
2035, $11240
2040, $18103
2045, $29156
2050, $46956
Full Version: $50,000 GDP Per Capita for Vietnam in 2050
NO!!! I'll be too old by then 
QUOTE(LN080291 @ Feb 10 2007, 10:07 AM) 
NO!!! I'll be too old by then
LN:
By 2050, I will be in my 70s, still very young.
QUOTE(SoCal @ Feb 10 2007, 01:34 PM)
LN:
By 2050, I will be in my 70s, still very young.
Almost old enough to retire there?
it is not likely that vietnam will sustain a rate that high forever. no industrial country is growing at that rate. vietnam is growing fast now because it is at almost the bottom, therefore it has lots of room to grow.
WOW THAT'S GREAT! and if you grow 10% per year for 100 years, which is very possible and probable, you know what will be the GDP per capita of Vietnam? $5.512.244,94!!! 1 vietnamese in 2100 will receive more than 126 north americans today! that is great isn't?
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
QUOTE(ghostman @ Feb 10 2007, 02:55 PM)
WOW THAT'S GREAT! and if you grow 10% per year for 100 years, which is very possible and probable, you know what will be the GDP per capita of Vietnam? $5.512.244,94!!! 1 vietnamese in 2100 will receive more than 126 north americans today! that is great isn't?
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
Beethoven, it does not work like that.
You are funny, though.
QUOTE(ghostman @ Feb 10 2007, 05:55 PM)
WOW THAT'S GREAT! and if you grow 10% per year for 100 years, which is very possible and probable, you know what will be the GDP per capita of Vietnam? $5.512.244,94!!! 1 vietnamese in 2100 will receive more than 126 north americans today! that is great isn't?
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
you know what will i be if i get a fixed interest rate of 10% per year, for 25 years? a millionaire! gosh, gotta love geometric progressions!
LOL. awesome!
cool
lets do nothing and wait till 2050
Socal, why cant you answer my qs?
beside posting, what have you done for Vietnam,?
lets do nothing and wait till 2050
Socal, why cant you answer my qs?
beside posting, what have you done for Vietnam,?
amazing, but what's that in 2100?
The Origin poster is Viet version of Forrest Gump, Forever Optimistic.
The Origin poster is Viet version of Forrest Gump, Forever Optimistic.
QUOTE(EazyMoney @ Aug 3 2008, 08:51 PM)
amazing, but what's that in 2100?
The Origin poster is Viet version of Forrest Gump, Forever Optimistic.
The Origin poster is Viet version of Forrest Gump, Forever Optimistic.
From 2050 to 2100, Vietnam will catch up with the developed countries.
To achieve 10% growth rate ,Vietnam needs experienced Viet kieu to return and set up more manufactures and export companies.Don't go back before a few years of working for western corporations.
Yearly Oversea vietnamese send back home to help family around 7 billions by sendin and bring home if + people who work in 14 country as contract employee it could be 9 billions a year.
81.8 billion 2007/ 87.2 million people = 934 dollar a year for vietnamese now...yes 2010 vietnamese will get 1200 dollar. 10 years full open market to boot up economic from 300 hundreds dollar to 934 dollar. It is very excellent.
GDP (PPP) 292 bilion /87 million = 3350 dollar for vietnamese a year
GDP( capital) 934 dollar per year
81.8 billion 2007/ 87.2 million people = 934 dollar a year for vietnamese now...yes 2010 vietnamese will get 1200 dollar. 10 years full open market to boot up economic from 300 hundreds dollar to 934 dollar. It is very excellent.
GDP (PPP) 292 bilion /87 million = 3350 dollar for vietnamese a year
GDP( capital) 934 dollar per year
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