Analyze the table below and answer the question that follows.
A 6-column table with 2 rows. Column 1 has entries Total G D P in 2009 and G D P Per Capita. Column 2 is labeled Spain with entries 1,647 billion dollars, 32,030 dollars. Column 3 is labeled Brazil with entries 1,574 billion dollars, 8,220 dollars. Column 4 is labeled Pakistan with entries 162 billion dollars, 989 dollars. Column 5 is labeled Algeria with entries 139 billion dollars, 3,995 dollars. Column 6 is labeled Italy with entries 2,118 billion dollars, 35,435 dollars.
Data courtesy of the IMF
Which of the countries in the table above had the most developed economy in 2009? Explain your answer.
2 answers
Italy had the most developed economy in 2009 based on the data in the table. This is because it had the highest GDP per capita of all the countries listed, at 35,435 dollars. This indicates that the average person in Italy had the highest purchasing power of all the countries listed.
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