Skip to content
MathsGenie logo
Quick links
Open app

Course home

  1. A Level
  2. Economics Edexcel A
  3. Question bank

2.5 Economic growth

EasyMediumHard
12345678910111213141516171819202122
Question 8

Real GDP in selected East Asian economies (Base Year: 2015 = 100)

YearSouth KoreaTaiwanSingapore
2015100.0100.0100.0
2016102.8101.5103.2
2017106.1104.2107.5
2018109.2106.0111.4
2019111.6109.1112.9
2020110.6112.5107.4
2021115.1119.8116.6

Which one of the following can be inferred from the table?

In 2021, Taiwan's total value of real GDP was greater than Singapore's.

Between 2015 and 2021, the average annual rate of inflation was lowest in South Korea.

Between 2015 and 2021, Taiwan's cumulative real GDP growth rate was higher than South Korea's.

Every country in the table experienced a contraction in real GDP in 2020 compared to 2019.

2.5 Economic growth Questions

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