Is Pakistan richer than Vietnam?
Pakistan has a GDP per capita of $5,400 as of 2017, while in Vietnam, the GDP per capita is $6,900 as of 2017.
Is Vietnam a more or less developed country?
Vietnam’s shift from a centrally planned to a market economy has transformed the country from one of the poorest in the world into a lower middle-income country. Vietnam now is one of the most dynamic emerging countries in East Asia region.
Is Pakistan a more developed country?
Pakistan is relatively more developed in the demographic, cultural, and health-nutrition indices but is less developed in housing, education, and political areas. As a whole, on the composite social scale, Pakistan occupies 84th position in the 3rd world.
Is Vietnam bigger than Pakistan?
Pakistan is about 2.4 times bigger than Vietnam.
Vietnam is approximately 331,210 sq km, while Pakistan is approximately 796,095 sq km, making Pakistan 140% larger than Vietnam. Meanwhile, the population of Vietnam is ~98.7 million people (134.8 million more people live in Pakistan).
Is Vietnam considered developed?
The ruling Communist Party of Vietnam (CPV) has set an agenda to make the Southeast Asian country a modern industrialized developing nation by 2025. … “By 2045, when Vietnam celebrates its founding centenary, Vietnam will become a developed and high-income group country,” the statement said.
Is Vietnam becoming developed?
2020. Vietnam’s GDP growth rate for 2020 was 2.9%, making it one of the few ASEAN countries to achieve positive growth. … developed country by 2045 announced in resolution of the 13th National Congress of the Communist Party of Vietnam)”, JETRO Business News, March 2, 2021.
Why Vietnam is still a poor country?
Factors that characterized the poor include large size of household, low education and skills, dependency on agriculture, remoteness in rural mountainous areas, lack of supporting infrastructure (UNDP 2018).
Why is Pakistan a less developed country?
Pakistan an under developed country is striving to accelerate its economic growth and catch up with the pace of the fast growing economies of the region. … Pakistan is facing serious environmental issues especially in form of water scarcity, energy crisis, air and water pollution and depletion of natural resources.
Why is Pakistan a developed country?
Well, Pakistan is a new country in development who got Independence in 1947. The breaking down of constitution of Pakistan made it run slow. Pakistan is one of the least under-developing countries due to it’s corruption and low facility available inside it.
Why is Pakistan so underdeveloped country?
Environmental problems in Pakistan, such as erosion, use of agro-chemicals, deforestation etc. contribute to rising poverty in Pakistan. Increasing pollution contributes to increasing risk of toxicity, and poor industrial standards in the country contribute to rising pollution.