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Wealth divided by population.
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∙ 14y ago
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What is definition of tax GDP ratio?
Tax to GDP Ratio =Total government tax collections divided by the country's GDP
What are two ways the debt-to-GDP ratio can decrease?
The debt can be repaid, or the GDP can grow faster than the debt.
What is the correct formula for calculating the GDP?
c+i+g a+
GDP increase means positive or negative?
Positive. GDP means Gross Domestic Product and is the economic indicator for the total market value of a countries output of goods.
What does composition mean as in school?
Composition Means When You Compose A Story Or Put Something Together.
What does GDP - composition by sector mean?
It means that how the earnings of the country are made from, doctor or whatever
How do they make money in Albania?
GDP - per capita:$7,800 (2011 est.)note: data are in 2011 US dollarsGDP - composition by sector:agriculture: 20.2%[see also: GDP - composition by sector - agriculture country ranks ]industry: 19.5%[see also: GDP - composition by sector - industry country ranks ]services: 60.3% (2011 est.)Data taken by CIA World Factbook
Where India and Pakistan stand in world economy?
According to Nominal GDP sector composition, January 2005India -12Pak- 41-----------------------------According to GDP (nominal) 2009India -11Pak- 45
What is the GDP of Slovenia?
GDP (purchasing power parity):$54.67 billion (2007 est.)GDP (official exchange rate):$46.08 billion (2007 est.)GDP - real growth rate:6.1% (2007 est.)GDP - per capita (PPP):$27,200 (2007 est.)GDP - composition by sector:agriculture: 2%, industry: 34.4%, services: 63.5% (2007 est.)
What is Nigeria'GDP for 2001?
GDP 2009 est. (purchasing power parity):339$ billionGDP (official exchange rate):$173.4 billion (2009 est.)GDP real growth rate (2009 est):6.1%GDP per capita:$2300GDP - composition by sector:Agriculture: 33.1%Industry: 33.8%Services: 33.1%Source: CIA world Factbook
How do you calculate nominal GDP at market price?
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
What is the top ten poorest countries in Southeast Asia GDP?
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
How do you calculate deflation rate?
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%
Explain real GDP vs potential GDP?
Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation
How do you calculate percent change in normal GDP?
It is 100*(New GDP - Old GDP)/Old GDP
If intermediate goods are included in GDP what would happen to the GDP?
the GDP would be overstated
How to calculate the percentage change in real GDP?
[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----
