Global Economic Indicators Comparison

XAT 2014 · Quantitative Ability & Data Interpretation · Medium · Data Interpretation

Passage / data set

Answer the questions based on the following information given below.

The exhibit compares countries on different economic indicators from 2000-2010.

GDP in constant 2000 US Dollar (in billions):

Country20002001200220032004200520062007200820092010
Brazil645653671678717740769816858855919
China11981298141615581715190921512457269329403246
India475498518559603659720790821888973
Malaysia949499105112118125133140137147
Philippines8183869197101107114119120129
Thailand123125132141150157165174178174187
United States989910007101901045010814111461144311661116191120911548
Vietnam3133363841454853565963

Question 1 of 3

Which of the following countries, after United States, has the highest spending on military as % of GDP, in the period 2000-2010?

  1. A.

    Vietnam

  2. B.

    China

  3. C.

    India

  4. D.

    Brazil

  5. E.

    Thailand

Answer

C

Explanation

Direct inspection of the military expenditure chart shows India's bar levels are second highest behind the United States.

Question 2 of 3

Which country (and which year) has witnessed maximum year-to-year decline in "industry as percentage of GDP"? Given that the maximum value of industry as percentage of GDP is 49.7% and the minimum value of industry as percentage of GDP is 20.02%, in the chart above.

  1. A.

    United States in 2002-3

  2. B.

    Brazil in 2006-7

  3. C.

    India in 2009-10

  4. D.

    Malaysia in 2008-9

  5. E.

    China in 2008-9

Answer

D

Explanation

Observing the chart for industry as % of GDP, Malaysia in 2008-09 exhibits the sharpest year-over-year drop.

Question 3 of 3

Which of the following countries has shown maximum increase in the "services, value added as % of GDP" from year 2000 to year 2010?

  1. A.

    Brazil

  2. B.

    India

  3. C.

    United States

  4. D.

    Philippines

  5. E.

    None of the above

Answer

B

Explanation

India demonstrates a steady, visible increase in services value-added as % of GDP over 2000-2010, whereas other listed countries show flatter or declining trends.

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