Answer to Question #298851 in Macroeconomics for mathu

Question

Compared to Tunisia, Malaysia's GDP per capita is USD9945 for 2017. What is the average growth rate that Tunisia should maintain since 2009, if the country wants to achieve GDP per capita in line with Malaysia?

Answer 1

Tunisia GDP= 3687.77

Difference Malaysia= 9945- 3687.77= 6257.77

$Growth rate= \frac{6257.77}{3687.77}\times 100= 169.7$