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Table (1) Population, Labor force and GDP 2013

Selected Arab states

country

Population, total

Population ages 0-14

Population ages 15-64

Population ages 65 and above

Total Labor force

GDP (current US$)

Saudi Arabia

 

28828870

8360372

19603632

864866

11232277

748449600000

Jordan

 

6459000

2196060

4004580

258360

1772361

33678500148

Kuwait

 

3368572

842143

2459058

67371

1733184

175830502498

Bahrain

 

1332171

279756

1025772

26643

738890

32890110533

Sudan

 

37964306

15565366

21260011

1138929

11946115

66565889417

Egypt

 

82056378

25437477

51695518

4923383

27742106

271972822883

Lebanon

 

4467390

938152

3171847

357391

1683711

44352418120

Oman

 

3632444

835462

2688009

108973

1809462

79655917417

Source: The World Bank; http://databank.worldbank.org/data/views/reports/tableview.aspx#

  •        Refer to the same source for more information regarding the definitions of variables.
  •        Population and labour force are in number of people.
  •        GDP: Gross Domestic Product in current US$.
  •        The table is only display the indicators of Arab states where the AOU is located.

 

 

 

Table (2) Population, Labor force and GDP 2012

Selected Arab states

country

Population, total

Population ages 0-14

Population ages 15-64

Population ages 65 and above

Total Labor force

GDP (current US$)

Saudi Arabia

 

28287855

8486357

18952862

848636

10382733

733955733333

Jordan

 

6318000

2148120

3917160

252720

1718877

31015239545

Kuwait

 

3250496

812624

2372862

65010

1662316

174044699037

Bahrain

 

1317827

263565

1027905

26357

741723

30756789966

Sudan

 

37195349

15250094

20829395

1115860

11645635

63152209705

Egypt

 

80721874

25023781

50854781

4843312

27193916

262831912587

Lebanon

 

4424888

973475

3097422

353991

1636637

43205095854

Oman

 

3314001

795360

2419221

99420

1595244

77497269805

Source: The World Bank; http://databank.worldbank.org/data/views/reports/tableview.aspx#

Based on the above tables, answer the following 9 questions showing your full work, formulas and calculations:

Q-1: Find the GDP per capita for each country in 2012 and 2013 and comment on your results (40-50 words)? Round your answers to the nearest dollar.(10 points)

Note: GDP per capita is gross domestic product in current US$ divided by total population. It shows the share of each individual from the total GDP. This is an important economic indicator which reflects the level of economic welfare.

 

Q-2:  Based on your final answer in Q-1; calculate the mean, median, range, interquartile range of the GDP per capita in 2013? . (10 points)

Note: Show your full work and the formulas. Round your final answers to 2 .d.p

 

Q-3: Based on your final answer in Q-1; calculate the standard deviation of the GDPper capita in 2013? Comment on your answer based on your understanding for the concept of standard deviation? (40-50 words) (10 points)

 Note: Show all steps and round numbers to 2 .d.p. at each step.

 

Q-4: In a separate table; Find the percentage of each population group (population aged 0-14; 15-64 and 65 and above) from the total population of each country in 2012? Comment on your results regarding the cross-country differences in age distribution? (40-50 words). (10 points)

Note: Round your final answers (to 2 d.p.) as ex. 0.23499 = 0.23 or 23%

 

Q-5: consist of three parts:

Q-5-A:  In a separate table; Round all age groups and the total population in 2012 to three significant figures for each country. (5 points)

Q-5-B: In a separate table; Round the GDP in current US$ in 2012 to the nearest billion for each country. (2 points)

Q-5-c: In a separate table; Round the total labour force in 2012 and 2013 to the nearest thousand for each country. (3 points)

 

Q-6: consists of two parts:

Q-6-A: In a separate table find the yearly growth rate of total population between 2012 and 2013 for all eight countries? Comment on your answers (40-50 words)?

(5 points). Round your final answers to 2 s.f  

Q-6-B: In a separate table find the yearly growth rate of GDP current US$ between 2012 and 2013 for all eight countries? Comment on your answers (40-50 words)?

(5 points).  Round your final answers to 2 s.f.

Note: which countries had the highest population growth rates and which of them had the highest GDP growth rates (economic growth rates).

 

Q-7: consists of two parts:

Q-7-A: in a separate table calculate the approximate ratio (1: whole number) of population group (aged 0-14) to the total population in 2012 for all eight countries? Comment on your results; which countries have the highest child ratio. (40-50 words).

 ( 5 points). Show your full work and round your final answers to 1  s.f.

Q-7-B: in a separate table calculate the approximate total dependency ratio (number: number) for each country in 2013? Comment on your answer? (40-50 words).

(5 points) Show your full work and round your answer to 1 d.p.

 

(Example: 13: 28 which equal to 1:2.1538 approximately 1: 2.2 then 10:22 final answer 5:11)

Note: total dependency ratio is a measure showing the number of dependents (aged 0-14 and over the age of 65) to the population group (aged 15-64). This indicator gives insight into the amount of people of non-working age compared to the number of those of working age

 
 Apr 19, 2015

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