Question

Show 5 years of GDP trend of Fijiduring the period of analysis (from 2015 to 2019) Please clearly explain it with numerical and graphical illustrations and explanation.

Note: (Explain Real GDP and expenditure approach separately)

• Use Gross Domestic Product (GDP) to show the trend (graphs, numbers and explanation)
• Use expenditure approach to show the trend (graphs, numbers and explanation)

The information can be found on the links below (I have attached 3 links)

(For the data on Fiji Bureau of Statistics go to Releases than select Nation Accounts, there you can find relevant data for other years of GDP and expenditure approach OR to find any information you can search that Is on top right-hand side of the page)

• https://www.statsfiji.gov.fj/index.php/statistics/economic-statistics/national-accounts-gdp
• https://data.worldbank.org/indicator/NY.GDP.MKTP.KD.ZG?end=2020&locations=FJ&start=2016
• https://www.rbf.gov.fj/category/annual-report/ (if needed than)

The trend of 5 year you have to show is 2016, 2017, 2018, 2019 and 2020

Also note that when showing explanation (explain each year separately as to why there was and increase or decrease when compared to the previous year and also state from how many percent it has increased and decreased. (explain 2015 separately, 20176 separately, 2017 separately, 2018 separately and 2019 separately as well.