Per Capita & GDP Country Classification 1. List the 10 countries with the highes

Question

Per Capita & GDP Country Classification

1. List the 10 countries with the highest GDPs in the World.
2. List the 10 countries with the highest Per Capita GDPs in the World. Explain how the Per Capita GDP is calculated.
3. Compare and analyze the two types of ranking (GDP and Per Capita GDP).
4. What are the criticisms with the two types of ranking (GDP and Per Capita)?
5. Is there a better way to classify a country other than the use of GDP and per capita? Explain
6. How is a country classified by the World Bank (see also textbook for more information)? Explain and illustrate.

You may use the following sources:

1. Google Search Engine and look up GDP country classification and Per Capita GDP Country' Classification
2. http://data.worldbank.org/indicator/NY.GNP.PCAP.CD
3. http://hdr.undp.org/en/statistics/

Explanation / Answer

1. Naming the countries in order of their GDP. The following are world's top performing economies in terms of GDP and economic growth.

United states

Japan

China

Germany

United Kingdom

India

France

Brazil

Italy

Canada

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