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3 June, 10:15

Calculate the percentage change in per capita real GDP between 2018 and 2019: nothing %. (Enter your response as a percentage rounded to two decimal places.)

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  1. 3 June, 12:54
    0
    3.27% change in per capital real GDP between 2018 and 2019.

    Explanation:

    The Per capital real of GDP = Real GDP / Population

    In 2016 Per capital real of GDP:

    $1.21 Billion / 9.68 Million (change billion to million)

    = $1,210 Million / 9.68 Million

    = $125

    In 2017 Per capital real of GDP::

    $1.5 Million / 11.62 Million

    = $1,500 Million / 11.62 Million

    = $129.09

    Therefore Growth in real GDP per capital = ($129.09 / $125) - 1

    = 3.27%
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