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2.5 Economic growth

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Question 6

GDP at Purchasing Power Parities, Japan and South Korea

YearJapan (US$ trillions)South Korea (US$ trillions)
20155.201.85
20165.381.95
20175.542.07
20185.602.16
20195.502.22
20205.232.20
20215.422.33
20225.482.41

Using the table above, calculate the percentage change in South Korea's GDP at Purchasing Power Parities from 2016 to 2017. Show your working.

[2]

2.5 Economic growth Questions

  1. A Level
  2. /Economics
  3. /2.5 Economic growth