Question
Part 1: GDP in Different Countries. Complete the following exercise Go to World Development Indicators database website below: https://databank.worldbank.org/home.aspx Click on World Development Indicators .
Part 1: GDP in Different Countries. Complete the following exercise
Go to World Development Indicators database website below: https://databank.worldbank.org/home.aspx
Click on World Development Indicators.
A. Select 15 countries for this section by checking the check boxes under Country, including USA.
B. Select the 2 data series GDP (current US$) and Population (Total) under Series.
C. Select the most recent year under Time. Please use the last year when the data is available.
D. Choose Layout on the upper left side of the screen. Under Orientation choose "Page" for Time, "Column" for Series, "Row" for Country.
E. Retrieve data. You can now retrieve data by clicking on the options on the right upper side of the window. Clicking "Table" will allow you to see data. Click "Download options" and choose "Data on this page only - formatted". This option will allow you to download the data in Excel, which can then be copied into your report file. Or you can simply type the required data into the table below. Fill in the table below.
F. Present the table that was found in the steps above.
G. Calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column.There are 15 countries. The first column is an example.
Country | GDP | Population | Per Capita GDP |
1 | 2 | 3 | 4 = 2/3 |
2 | ? | ? | ? |
Explain. 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? 4. Please analyze and discuss the significance of this data. 5. Reflection
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