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How does Bulgaria's GDP compare with the US's?

Anonymous

∙ 13y ago

Updated: 11/8/2022

USA GDP(PPP) for 2011 is $48,000

Bulgaria's GDP(PPP) for 2011 is $13,500

Therefore, Bulgaria's GDP per capita is about 3.5 times lower than USA's.

Comparison of their total GDPs is pointless because of the huge population difference.

Wiki User

∙ 13y ago

What else can I help you with?

Why do economists prefer to compare real GDP figures for different years instead of GDP figures?

economists prefer to compare real gdp figures for different years instead of comparing nominal gdp figures. why?

How does the GDP compare with the rest of the world?

Christian Araujo

What is Bulgarias domain?

Is real GDP the same as 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.

How does the US GDP compare with the rest of the world?

Christian Araujo

How can one determine the growth rate of real GDP?

To determine the growth rate of real GDP, you can compare the current GDP to the previous period's GDP and calculate the percentage change. This can be done using the formula: (Current GDP - Previous GDP) / Previous GDP x 100. The result will give you the growth rate of real GDP.

What is bulgarias motto?

union makes the power

What are Bulgarias beliefs?

If you mean what is bulgarians religion. They are Christians.

What is Bulgarias stornest sport at?

box by Kubrat Pulev

What is Bulgarias population for 2013?

around 7 million

What Economists use per capital GDP to measure and compare nations relative?

Population

What is Bulgarias population?

Around 7 300 000 people

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