202 Homework 8 World Economic Data.docx - Homework#8 World...

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Homework #8: World Economic Data 1. List the 13 countries in the world with over 100 million population. (Note: Look under Guide to Country Comparisons, “People and Society.” Include only countries, i.e. do not include the “European Union.” Rank Country Population (in millions) 1 China 1,379 2 India 1,282 3 United States 327 4 Indonesia 261 5 Brazil 207 6 Pakistan 205 7 Nigeria 191 8 Bangladesh 158 9 Russia 142 10 Japan 126 11 Mexico 125 12 Ethiopia 105 13 Philippines 104 2. List the 8 countries in the world with a GDP over $3 trillion. Again, include only individual countries, and do not list the European Union. (Look under Guide to Country Comparisons, “Economy.” Choose “GDP (Purchasing Power Parity)” This just means that some adjustments have been made to the GDP numbers to make them more comparable.
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Rank Country GDP (PPP) (billions) 1 CHINA $23,120 2 UNITED STATES $19,360 3 INDIA $9,447 4 JAPAN $5,405 5 GERMANY $4,150 6 RUSSIA $4,000 7 INDONESIA $3,243 8 BRAZIL $3,219 3. While the size of GDP is an important measure, the economic performance of an economy is typically measure by economic growth (Percent change in Real GDP.
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