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ECON 201 – GDP in Different Countries

by | Dec 1, 2023 | Posted Questions

GDP in Different Countries Complete the following exercise:

Go to World Development Indicators database:

http://databank.worldbank.org/data/views/variableSelection/selectvariables.aspx?source=world-development-indicators

Select 8 countries for your project by checking the check boxes under Country.

Select the 2 data series GDP (current US$) and Population (Total) under Series.

Select the most recent year under Time.

You can now retrieve that data by clicking one of the options on the upper right of the window. Clicking “Table” will allow you to view and copy the data for each country. Clicking “Download” will allow you to download the data in Excel, which can then be copied into your report table.

Or you can simply type the required data into the table below.

Fill in a table and calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column:

Country GDP Population Per Capita GDP

Analysis of the results – consider, but do not be limited to the following:

1. List the countries by highest per capita GDP to lowest.

2. Does the order remain the same for total GDP as for per capita GDP.

3. If not, explain why is it different?

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