Portugal: GDP (€bn) 2015, and the annual % change in the components of GDP, 2016 – 2018*
| Components of GDP | GDP (€bn) | Annual % change in the components of GDP | ||
|---|---|---|---|---|
| 2015 | 2016 | 2017 | 2018 | |
| Household consumption | 112 | 2.5 | 1.5 | –1.0 |
| Investment | 28 | 4.0 | –5.0 | –12.0 |
| Government consumption | 32 | 6.0 | 2.0 | 8.0 |
| Exports of goods and services | 72 | 5.0 | 3.0 | –15.0 |
| Imports of goods and services | 68 | 6.5 | 1.0 | –11.0 |
| GDP (aggregate demand) | ? | 4.2 | 1.8 | –3.0 |
* Figures rounded to the nearest whole number
Using Extract B, calculate the value of GDP for Portugal in 2015.
Identify one significant feature of the data for the annual percentage change in the components of GDP for the period 2016 to 2018.
187 exam-style questions on AQA A Level Economics 2.1 The measurement of macroeconomic performance, covering 2.1.1 The objectives of government economic policy, 2.1.2 Macroeconomic indicators, 2.1.3 Uses of index numbers, and 2.1.4 Uses of national income data (A-level only). Each one has a worked solution and a mark scheme showing where the marks go.