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Second Exercise Environment

European And International Economic Environment (Universitat de Barcelona)

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SECOND EXERCISE:
We have chosen Denmark.

DENMARK:
GDP of 1999→ 336.335 billions Population→ 5.321.799
GDP of 2019→ 252.442 billions Population→ 5.818.553

GDP
GDP per capita ( ¿ :
POPULATION

336,335 B
GDP per capita of 1999 =  47.435,438
5.321 . 799

252.442 B
GDP per capita of 2019 =  57.803,974
5.818 .553

Annualized growth rate in % = ((FINAL VALUE / INITIAL VALUE)^ (1 / NUMBER

OF YEARS) – 1)*100
= ((57.803,974/ 47.435,438) (1 / 20) -1)*100 = 0.993%

REGION (EUROPE AND CENTRAL ASIA):

GDP of 1999→ 20.939 trillions Population→ 860.319.225
GDP of 2019→ 32.477 trillion Population → 921.140.092

GDP per capita:

20.939 T
GDP per capita of 1999 =  24.338,64
860.319.225

32.477 T
GDP per capita of 2019 =  35.257,40
921.140.092

Annualized growth rate in % = ((FINAL VALUE / INITIAL VALUE)^ (1 / NUMBER

OF YEARS) – 1)*100
= (( 35.257,40/ 24.338,64)(1 / 20) – 1)*100 = 1,87%

WORLD:
GDP of 2019 → 129.789 trillion Population → 7.673 billion
GDP of 1999→ 64.744 trillion Population → 6.034 billion

GDP per capita:

64.744 T
GDP per capita of 1999 =  10.728,919
7.673 .533

64.744 T
GDP per capita of 2019 =  16.913,91
6.034 B
Annualized growth rate in % = ((FINAL VALUE / INITIAL VALUE)^ (1 / NUMBER
OF YEARS) – 1)*100

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= ((16.913,91/ 10.728,919)(1 /20) – 1)*100 = 2.27%

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