Country Comparison by GDP
By: Ryan Bleakley
Sweden
GDP World Ranks
Purchasing Power: 35th- $393.8 billionReal Growth Rate: 177th- .9%
Per Capita: 26th- $40,900
Composition by Sector of Origin
Agriculture: 2%
Industry: 31.3%
Service: 66.8%
Sweden vs. the other 1st world countries
Annual income per capita and per household
Skiing in Sweden
Fiji
Purchasing Power: 174th- $4.45 billion
Real Growth Rate: 116th- 3%
Per Capita: 161st- $4,900
Composition by Sector of Origin
Agriculture: 11.7%
Industry: 18.1%
Service: 70.2%
Fiji's Tropical Landscape
GDP Growth
GDP vs. Countries its size
Comparing the Numbers
What do the GDP ranks tell about the country? Why does each country rank the way it does?
The poorer country has more room to grow, as the richer country has already reached significant growth, not allowing much more room for improvement, giving Fiji a better Real Growth Rate GDP. Since the rich country is more overall developed, it has a larger Purchasing Power GDP.What does the Service portion of the GDP by sector suggest about how the people of each country spend their money, and how the country gains money?
In Fiji's case, much of their population works for services, which tells us that they make most of their money from the tourism industry, due to the beautiful, tropical country, as seen above. On the other hand, Sweden has a high service percentage because they have the money to spend on entertainment, that services give to them.