
| Country | GDP as Fraction of Country 9 | GDP per Capita as Fraction of Country 10 | Annual GDP Growth Rate (%) | Annual Population Growth Rate (%) |
|---|---|---|---|---|
| Country 4 | 0.72 | 0.60 | 4 | 1 |
| Country 5 | 0.75 | 0.65 | 3 | 1 |
To compare the GDP of Country 4 and Country 5 in 2026, we project their GDPs two years forward from 2024, using their annual growth rates.
Step 1: Calculate each country's GDP in 2026.
Country 4's GDP in 2026:
GDP in 2026 = GDP in 2024 × (1 + Growth Rate)² = 0.72 × (1 + 0.04)² = 0.72 × 1.0816 ≈ 0.7788
Country 5's GDP in 2026:
GDP in 2026 = GDP in 2024 × (1 + Growth Rate)² = 0.75 × (1 + 0.03)² = 0.75 × 1.0609 ≈ 0.795675
Step 2: Calculate the ratio of Country 4's GDP to Country 5's GDP in 2026.
GDP Ratio = GDP of Country 4 in 2026 / GDP of Country 5 in 2026 = 0.7788 / 0.795675 ≈ 0.97885
The closest option to this ratio is 1.195.
The GDP per capita for all countries is projected to increase from 2024 to 2027.
Consequently, no country will have a lower GDP per capita in 2027 than in 2024.
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