Question

According to the World Banks's world development indicators, real gross domestic product (GDP) in sub-Saharan Africa in 2015 was about $1.65 trillion . What percentage of sub-Saharan Africa's real GDP is the E.U. emergency trust fund

Answer 1

0.12%

Explanation:

According to the given situation, the computation of E.U. emergency trust fund as a percentage of sub-Saharan GDP is shown below:-

E.U. emergency trust fund as a percentage of sub-Saharan GDP is

= (Amount of Plans ÷ Real gross domestic product) × 100

= (2 billion ÷ 1.65 trillion) × 100

= 0.12%

Therefore for computing the E.U. emergency trust fund as a percentage of sub-Saharan GDP we simply applied the above formula.