Question:
Calculate the growth rate1of "Brazil" GDP and whether they are a BEM (you must calculate this to get full credit; find the appropriate numbers first)
1 (Growth rate as a percentage= (year2-year1)/year1 x 100)
EXAMPLE (For Philippines):
Economy of the Philippines
Statistics
GDP $284.556 billion nominal (2014) $692.223 billion PPP (2014)
GDP rank 39th nominal (2014) 29th PPP (2014)
GDP growth 5.6% (Q2 2015)
GDP per capita $2,828 (2014) (nominal 126th) $6,986(2014) (PPP)
The GDP is calculated as:
The GDP of the Philippines is 272 billion USD (2014)
(Our calculation is based off of year 2014 because 2015's year is not over.)
Real GDP is calculated as:
=272 /(1+4.4)
= 50.37
(In the same manner above, you have to calculate the GDP of Brazil for the current year or 2018). I need it as soon as possible today.
Quarterly estimates of GDP for Brazil are available .
So,for 2018 Q1 GDP mp estimates is $341,996M
2018 Q2 GDP mp estimates is $331,475M.
2018 Q3 GDP mp estimates is $341,996M.
Source for the above data is country economics
Now, Sum of GDP mp estimates for 3 quarter is $994,682M or After 9 months GDP estimate is $994,682M therefore in month $994,682M/9 which is then multiplied to 12 months to come at $1326242.67M.
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