The chart below shows the changes in gross domestic product (GDP) in the Western Cape between 2000 and 2010.
The chart illustrates the percentage variation from 2000 up to 2010 in gross domestic product (
GDP
) in the Western Cape.
Generally, it is clear that
the rate of growth in GDP
has declined over the 10-year period from 4 per cent
in 2000 to just over 2 per cent
in 2010.
Looking at the details, it is evident that from 2000 to 2003, there was a short-term fluctuation in the GDP
growth rate, which was followed by a sudden increase at the end
of this
period, with the rate reaching about 5.5 per cent
in 2004. After that, it plateaued for the next three years and peaked at over 6 per cent
in 2007.
Over the next two years, the percentage of increment in GDP
plunged to a low of nearly -2 per cent
in 2009. However
, after hitting the lowest value, the GDP
increment percentages increased dramatically to over 2 per cent
in the following year.Submitted by Poseidous on
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Vocabulary: Replace the words gdp, cent with synonyms.
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Vocabulary: The word "percentage" was used 3 times.
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Vocabulary: The word "growth" was used 2 times.
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Vocabulary: The word "increase" was used 2 times.
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