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$) |
Saudi Arabia
| 28828870 | 8360372 | 19603632 | 864866 | 11232277 | 748449600000 |
Jordan
| 6459000 | 2196060 | 4004580 | 258360 | 1772361 | 33678500148 |
Kuwait
| 3368572 | 842143 | 2459058 | 67371 | 1733184 | 175830502498 |
Bahrain
| 1332171 | 279756 | 1025772 | 26643 | 738890 | 32890110533 |
Sudan
| 37964306 | 15565366 | 21260011 | 1138929 | 11946115 | 66565889417 |
Egypt
| 82056378 | 25437477 | 51695518 | 4923383 | 27742106 | 271972822883 |
Lebanon
| 4467390 | 938152 | 3171847 | 357391 | 1683711 | 44352418120 |
Oman
| 3632444 | 835462 | 2688009 | 108973 | 1809462 | 79655917417 |
Source: The World Bank; http://databank.worldbank.org/data/views/reports/tableview.aspx#
Table (2) Population, Labor force and GDP 2012
Selected Arab states
country | Population, total | Population ages 0-14 | Population ages 15-64 | Population ages 65 and above | Total Labor force | GDP (current US$) |
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