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2.1 The measurement of macroeconomic performance

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Question 6

Context 1: Investment in Southeast Asia

Extract A

Figure 1: Real GDP (US$ bn), selected Southeast Asian nations, 2016–2019

Country2016201720182019
Indonesia932.4979.71021.01067.4
Malaysia301.3315.6329.1344.3
Philippines311.4331.2346.8363.5
Thailand413.4429.5445.8454.7
Vietnam218.0233.0249.5267.0

Source: World Bank

Figure 2: Foreign direct investment (FDI) net inflows (US$ bn), selected Southeast Asian nations, 2016–2019

Country2016201720182019
Indonesia4.520.618.924.3
Malaysia11.39.48.09.1
Philippines8.310.39.98.7
Thailand3.18.313.24.8
Vietnam12.614.115.516.1

Source: World Bank

Using the data in Extract A (Figure 1), if 2016 is the base year, calculate the index of Vietnam's real GDP in 2019.

Give your answer to one decimal place.

[2]
Markscheme

2.1 The measurement of macroeconomic performance Questions

  1. A Level
  2. /Economics
  3. /2.1 The measurement of macroeconomic performance

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.

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