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GDP in Different Countries

Complete the following exercise:

Go to World Development Indicators database:

Under Country select the U.S., Canada, and Mexico. Then select a country from each of the other 5 continents north of the Antarctica.

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

Select the most recent year under Time. 2010-2013. Use the sliding bar to select this range.

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.

Fill in the table below. Calculate the per capita GDP for the most recent available year for the countries with the equation given in the far right column.

Country

Continent

GDP

Population

Per Capita GDP

 

 

in billions

in millions

3/4 Actual Dollars

Univted States

 

     

Canada

 

     

Mexico

 

     

4

 

     

5

 

     

6

 

     

7

 

     

8

 

     

Write a short report in your own words, which contains the analysis of the results you have gotten. In this report consider, but do not be limited to the following:

List the countries by highest per capita GDP to lowest.

Does the order remain the same for total GDP as for per capita GDP? If not, explain why is it different?

Macroeconomics, Economics

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