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What else can I help you with?
What is Australia's GDP?
The Gross Domestic Product of Australia is currently $1.525 trillion. It is ranked 12th in the world in terms of GDP.
What are the total GDP of Australia in 2008?
$129.76
What percent of GDP is spent on health in Australia?
Most Australians are in good health.
What is the richest country in the pacific?
Australia is typically considered the richest country in the Pacific region, with a high GDP and standard of living.
What is is the worlds richest country?
Here is a list of the richest countries Luxembourg (GDP per capita: $119,719) Norway (GDP per capita: $86,362) Switzerland (GDP per capita: $83,832) Ireland (GDP per capita: $81,477) Iceland (GDP per capita: $78,181) Qatar (GDP per capita: $65,062) The United States of America (GDP per capita: $64,906) Denmark (GDP per capita: $63,434) Singapore (GDP per capita: $62,690) Australia (GDP per capita: $58,824) so I know the USA is the richest country but this is the richest countries by GDP.
What is the wealthiest country in the southern hemisphere?
Australia is considered the wealthiest country in the southern hemisphere based on factors such as GDP per capita, natural resources, and overall economic stability.
How much money does Australia have?
1.5 Trillion and Australia has the 5th highest income per capita in the world at $65,000 I'm referring to GDP or Gross Domestic Product (Nominal) Australia tends not to overspend like many other countries in their position and spends very little. Which leads to a stronger and more stable economy. You can Google all this information though. Australian Economy, Australian GDP, etc.
How do you calculate nominal GDP at market price?
Nominal GDP is GDP evaluated at current market prices. Therefore , nominal GDP wil include of the changes in market prices that have occurred during the current year due to inflation or deflation. Nominal GDP= GDP deflator.real GDP/100 Real GDP is GDP evaluate at the market price of some base year. GDP deflator --- Using the statistics on real GDP and nominal GDP, one can calculate an implecit index of the price level for the year. This index is called GDP deflator. GDP deflator = nominal GDP/real GDP .100 The GDP deflator can be viewed as a conversion factor that transform real GDP into nominal GDP. Note that in the base year, real GDP is by definition equal to nominal GDP so that the GDP deflator in the base year equal to 100.
What is the top ten poorest countries in Southeast Asia GDP?
TOP ELEVEN COUNTRIES IN SOUTH EAST ASIA BY GDP(GROSS DOMESTIC PRODUCT ) East Timor (GDP 499 ) Laos (GDP 5,260 ) Cambodia (GDP 11,182 ) Myanmar (GDP 27,182 ) Vietnam (GDP 89,829 ) Philippine (GDP 168,580 ) Hong kong (GDP 215,559 ) Malaysia (GDP 222,219 ) Thailand (GDP 273,248) Taiwan (GDP 392,552 ) Indonesia (GDP 511,765)
How do you calculate deflation rate?
Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is: GDP (2013)/ GDP (1990) * 100%
Explain real GDP vs potential GDP?
Potential GDP is the total numerical value of GDP before inflation is counted in. Real GDP is nominal GDP adjusted for inflation
How do you calculate percent change in normal GDP?
It is 100*(New GDP - Old GDP)/Old GDP
