GDP Country Comparison

Rishab Thapa

Saudi Arabia- Country A

GDP - Purchasing Power:

$927.8 Billion

Ranks: 20 in the world

Real Growth Rate:

3.6%

Ranks: 87 in the world

GDP per Capita:

$31,300

Ranks: 44 in the world

GDP/Sector - Agriculture:

2%

GDP/Sector - Industry:

62.5%

GDP/Sector - Service:

35.5%

Chad- Country B

GDP - Purchasing Power:

$28 Billion

Ranks: 118 in the world

Real Growth Rate:

3.9%

Ranks: 83 in the world

GDP per Capita:

$2,500

Ranks: 186 in the world

GDP/Sector - Agriculture:

46.3%

GDP/Sector - Industry:

9.9%

GDP/Sector - Service:

43.8%

Question 2: Your Column A country should seem rich in comparison to your Column B country. Does your research support this claim? How can you tell? To what extent does the "world rank" statistic help/hurt the comparison?

My research supports this claim due to Country A, Saudi Arabia, having almost $900Billion more Purchasing Power than Country B, Chad. Also, the GDP industry sector in Saudi Arabia is also a lot higher which results in the economy to flourish. The world rank helps the comparison because the viewer gets to see how the country is in the world.

Question 3: What does the GDP by sector break-down suggest about how rich countries spend versus how poor countries spend money?

The GDP by sector suggests that rich countries spend their money on Industry. Spending more money on Industry will make the economy run and the country will have more power. Poor countries spend their money on agriculture. Poor countries are not highly developed which will make most of their employers farmers. Agriculture does not nearly bring in enough money for the country as industry does.