Omparative analysis of economic growth in the GCC

Title: Comparative analysis of economic growth in the GCC

Instructions:

You will collect the following data for all GCC countries: Qatar, KSA, UAE, Kuwait, Bahrain and Oman, from 1995-2010

1. Nominal GDP (yearly GDP)
2. Consumer Price Index (yearly CPI)
3. Population (yearly population)

The analyses and reports:

a. Your GDP is nominal GDP. Convert nominal GDP to real GDP, for each country. Explain the method you used.

Produce the following graphs, preferably in Excel:

i. Nominal and Real GDP for Qatar
ii. Nominal and Real GDP for KSA
iii. Nominal and Real GDP for UAE
iv. Nominal and Real GDP for Bahrain
v. Nominal and Real GDP for Oman

b. Calculate Real GDP per capita, by dividing real GDP by population, for each country.

Produce the following graph, preferably in Excel:

i. Real GDP per capita, showing all countries, in one Graph.

c. Based on your analyses above, explain which countries are posting high or low economic growth in the GCC.