GDP per capita

“If we grow at eight percent, our GDP per capita would be close to about 40,000 dollars in two, 20, 47. If we grow, so, so if we grow at seven percent, we'll be close to 30,000 dollars, GDP per capita.”

“So from about 2700, you know, we'll be close to 5500, you know, in 2700, yeah, about 5500 in six years and about 11,000 in, you know, in, in, in, 12 years. So by about 20 35, we should be close to 11,000. So my sense is then by 2030 one, 2032, you know, I thin…”

“Because of the socialist policies that we pursued from then on till 1991, when we liberalized and there is an important lesson actually, that's why I'm explaining this. We reduced our GDP per capita from 2730 to 300 dollars.”

“The world believes you don't even require institutions till you get to 10,000 dollars per capita GDP. To support 10,000 dollars per capita, you don't even require institutional strength.”

“So, seven percent growth day in and day out every year will take you to over 10,000 by 2047.”