Bangladesh
- GDP per Capita = $2100
Real GDP growth rate = 6.1%
Population growth rate = 1.59%
- Growth rate in real GDP per capita = Real GDP growth rate – Population growth rate
Growth rate Real GDP = 6.1%-1.59% = 4.51%
- Use the 70 Rule (70/4.51)% = 15.5years
Brazil
- GDP per Capita = $12, 100
Real GDP growth rate = 0.9%
Population growth rate = 0.83%
- Growth rate in real GDP per capita = Real GDP growth rate – Population growth rate
Growth rate Real GDP =0.9%-0.83% =0.07%
- Use the 70 Rule (70/0.83)% = 84.3 years
China
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