YES
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
GDP = Consumption + Investment + Government Purchases + Net Exports
nominal GDP
The main difference is that Real GDP accounts for inflation and is calculated using Nominal GDP. It is useful when trying to compare GDPs froms different times.
The gross domestic product of Egypt is $272 billion, and as of September 2014, the country's GDP is expanding. To provide a comparison, the GDP of the US is 16.8 trillion.
(primary balance/GDP)*100 .GDP decreases. Debt increases.
YES
Surplus or deficit as a percentage of GDP can be calculated by using deficit/GDP multiplied by 100, where deficit is calculated by subtracting expenses from sources.
well it depends, some parts of egypt are more wealthier than other parts. but on average the GDP on education is about 10%
GDP = Consumption + Investment + Government Purchases + Net Exports
nominal GDP
The main difference is that Real GDP accounts for inflation and is calculated using Nominal GDP. It is useful when trying to compare GDPs froms different times.
No, other countries calculate their GDP in terms of their own currency. It is common for GDP to be converted to US dollars for comparisons.
. The synthetic GDP was calculated by the source's authors, and is a calculation of what a country's GDP per capita would have been had there been no EU
Columbia
About $6,000