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Trends in macroeconomic indicators

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Question 2

The table below shows the nominal GDP for a country.

YearNominal GDP (£m)
2024410,000
2025514,800

Between 2024 and 2025, the rate of inflation was 4%.

The population of the country was 14 million in 2024 and increased by 3% in 2025.

What is the country's real GDP per capita in 2025, at 2024 prices (to the nearest pound)?

£34,272

£34,327

£35,357

£35,700

Trends in macroeconomic indicators Questions

  1. A Level
  2. /Economics
  3. /Trends in macroeconomic indicators