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Most likely a Middle Eastern nation such as Saudi Arabia or United Arab Emirates. Double check. Look up OPEC (oil producing eastern countries)
What else can I help you with?
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.
Which countrey is the richest one in the world?
The United States is the richest country in the world. One way of measuring this is gross domestic product (GDP), which is the amount of goods and services in a year produced by a country. According to the World Bank, the US GDP is 14 Trillion. The next richest country is Japan with five trillion and then China with about five trillion. Sometimes the places of second and third will differ by using measurements by the International Monetary Fund or the CIA World Factbook, but the US is still number one. The European Union will appear number one with 16 trillion in terms of GDP too, but they are a aggregate of many countries.
What is Canadas GDP?
As of 2021, Canada's GDP is approximately $2 trillion USD.
What factors is better way to measure the success of one country?
The factors that are better ways to measure the success of a country include GDP per capita, unemployment rate, income inequality, poverty rate, education level, healthcare access, life expectancy, and overall quality of life for its citizens. These indicators provide a comprehensive view of the economic and social well-being of a country.
What is country portfolio analysis?
Country portfolio analysis is a method used to evaluate the risks and opportunities associated with investing in a particular country. It involves assessing various factors such as political stability, economic indicators, regulatory environment, and market trends to determine the attractiveness of a country for investment. This analysis helps investors make informed decisions regarding asset allocation and diversification in their investment portfolios.
Which major societal function consumes the greatest percentage of GDP?
Housing
What country spends the greatest percent of its GDP on defense?
Oman; at about 11.5% of GDP. (the US ranks at #23).
What percentage of GDP comes from auto industry?
The contribution of the auto industry to a country's GDP can vary, but on average it can account for around 3-4% of a country's total GDP. This percentage can be influenced by factors such as the size of the industry in that specific country and its level of production.
Military spending as a percentage of GDP?
it depends on what state or country it is as far as the unitedstates the % rate is 45% is spent on the gdp of military spending
How do you calculate consumption as percentage of GDP?
if gdp is 719.1 and consumption is 443.8, how do i compute consumption as a percentage of gdp?
How can one determine the debt to GDP ratio?
To determine the debt to GDP ratio, divide a country's total debt by its gross domestic product (GDP) and multiply by 100 to get the percentage. This ratio helps assess a country's ability to repay its debt relative to its economic output.
How to calculate the percentage change in real GDP?
[ (GDP 2006 - GDP 2005) / GDP 2005] X 100 ---- ----
Calculate the percentage change in nominal GDP?
It is 100*(New GDP/Old GDP - 1).Clearly, it is not possible to give a numeric answer because the question gives no indication as to the country whose GDP is being measured, nor the two periods between which the comparison is to be made.
What percentage of the Norway GDP is from oil?
25% of Norways GDP are from oil.
What percentage of the world lives over the US GDP?
No country is even remotely close to the US in GDP. I think you meant to ask what percentage of the world lives above the United States GDP per capita. If that's the case, the answer .18%.Only 5 countries have a higher GDP per capita than the United States, and they are fairly small countries in terms of population.
How do you calculate the surplus or deficit as a percentage of GDP?
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.
What is a country's GDP?
A country's GDP is the market-valued sum of all its economic activity.
