DATA GATHERED

1. United States - Population: 328.2 million (2017); Inflation rate: 1.5-2.5% (2017-
2021); GDP: $20.5 trillion (2020); Per capita income: $62,794 (2020); Poverty rate:
11.7% (2019).
2. China - Population: 1.4 billion (2017); Inflation rate: 2.4-4.4% (2017-2021); GDP:
$15.4 trillion (2020); Per capita income: $10,613 (2020); Poverty rate: 7.1% (2018).
3. India - Population: 1.3 billion (2017); Inflation rate: 2.3-4.3% (2017-2021); GDP:
$2.94 trillion (2020); Per capita income: $2,170 (2020); Poverty rate: 11.4% (2020).
4. Japan - Population: 126.9 million (2017); Inflation rate: 0.2-1.2% (2017-2021); GDP:
$5.2 trillion (2020); Per capita income: $40,567 (2020); Poverty rate: 13.6% (2018).
5. Germany - Population: 82.8 million (2017); Inflation rate: 0.5-1.5% (2017-2021);
GDP: $4.18 trillion (2020); Per capita income: $49,700 (2020); Poverty rate: 11.1%
(2019).
6. United Kingdom - Population: 66.4 million (2017); Inflation rate: 0.4-1.4% (2017-
2021); GDP: $2.83 trillion (2020); Per capita income: $43,220 (2020); Poverty rate:
14.3% (2019).
7. France - Population: 67.2 million (2017); Inflation rate: 0.3-1.3% (2017-2021); GDP:
$2.88 trillion (2020); Per capita income: $42,723 (2020); Poverty rate: 11.7% (2018).
8. Italy - Population: 60.6 million (2017); Inflation rate: 0.2-1.2% (2017-2021); GDP:
$2.27 trillion (2020); Per capita income: $37,724 (2020); Poverty rate: 15.6% (2019).
9. Brazil - Population: 209 million (2017); Inflation rate: 3.3-6.3% (2017-2021); GDP:
$1.98 trillion (2020); Per capita income: $9,424 (2020); Poverty rate: 18.6% (2019).
10. Canada - Population: 37.1 million (2017); Inflation rate: 1.5-2.5% (2017-2021); GDP:
$1.73 trillion (2020); Per capita income: $46,742 (2020); Poverty rate: 9.5% (2019).
11. Spain - Population: 46.6 million (2017); Inflation rate: 0.4-1.4% (2017-2021); GDP:
$1.51 trillion (2020); Per capita income: $32,305 (2020); Poverty rate: 18.9% (2019).
12. Mexico - Population: 127.6 million (2017); Inflation rate: 3.2-6.2% (2017-2021);
GDP: $1.19 trillion (2020); Per capita income: $9,346 (2020); Poverty rate: 52.3%
(2019).
13. Australia - Population: 24.6 million (2017); Inflation rate: 1.3-2.3% (2017-2021);
GDP: $1.37 trillion (2020); Per capita income: $55,460 (2020); Poverty rate: 11.8%
(2017-18).
14. South Korea - Population: 51.2 million (2017); Inflation rate: 0.8-1.8% (2017-2021);
GDP: $1.53 trillion (2020); Per capita income: $30,017 (2020); Poverty rate: 12.0%
(2019).
15. Indonesia - Population: 261 million (2017); Inflation rate: 3.5-6.5% (2017-2021);
GDP: $1.06 trillion (2020); Per capita income: $4,114 (2020); Poverty rate: 10.2%
(2020).
16. Turkey - Population: 81.6 million (2017); Inflation rate: 8.9-11.9% (2017-2021);
GDP: $871 billion (2020); Per capita income: $10,724 (2020); Poverty rate: 15.7%
(2019).
17. Netherlands - Population: 17 million (2017); Inflation rate: 0.5-1.5% (2017-2021);
GDP: $851 billion (2020); Per capita income: $50,243 (2020); Poverty rate: 11.3%
(2018).
18. Saudi Arabia - Population: 33.4 million (2017); Inflation rate: 3.9-6.9% (2017-2021);
GDP: $752 billion (2020); Per capita income: $22,853 (2020); Poverty rate: 12.7%
(2020).
19. Argentina - Population: 45 million (2017); Inflation rate: 27.2-30.2% (2017-2021);
GDP: $615 billion (2020); Per capita income: $13,554 (2020); Poverty rate: 35.4%
(2019).
20. Thailand - Population: 68.2 million (2017); Inflation rate: 0.8-1.8% (2017-2021);
GDP: $507 billion (2020); Per capita income: $7,403 (2020); Poverty rate: 9.8%
(2020).
21. Poland - Population: 38.2 million (2017); Inflation rate: 0.8-1.8% (2017-2021); GDP:
$566 billion (2020); Per capita income: $14,863 (2020); Poverty rate: 9.2% (2019).
22. Malaysia - Population: 32 million (2017); Inflation rate: 2.0-4.0% (2017-2021); GDP:
$449 billion (2020); Per capita income: $14,065 (2020); Poverty rate: 0.4% (2018).
23. Philippines - Population: 106.7 million (2017); Inflation rate: 2.6-4.6% (2017-2021);
GDP: $425 billion (2020); Per capita income: $3,969 (2020); Poverty rate: 17.7%
(2019).
24. Vietnam - Population: 95.5 million (2017); Inflation rate: 3.2-6.2% (2017-2021);
GDP: $420 billion (2020); Per capita income: $4,393 (2020); Poverty rate: 6.3%
(2019).
25. Colombia - Population: 50.2 million (2017); Inflation rate: 4.0-7.0% (2017-2021);
GDP: $386 billion (2020); Per capita income: $7,724 (2020); Poverty rate: 32.2%
(2019).
26. Egypt - Population: 97.4 million (2017); Inflation rate: 11.1-14.1% (2017-2021);
GDP: $365 billion (2020); Per capita income: $3,742 (2020); Poverty rate: 27.8%
(2018).
27. Hong Kong - Population: 7.4 million (2017); Inflation rate: 2.6-4.6% (2017-2021);
GDP: $364 billion (2020); Per capita income: $49,104 (2020); Poverty rate: 10.7%
(2019).
28. Iraq - Population: 38.3 million (2017); Inflation rate: 4.2-7.2% (2017-2021); GDP:
$245 billion (2020); Per capita income: $6,418 (2020); Poverty rate: 22.7% (2020).
29. Ukraine - Population: 44.3 million (2017); Inflation rate: 10.3-13.3% (2017-2021);
GDP: $161 billion (2020); Per capita income: $3,622 (2020); Poverty rate: 24.1%
(2019).
30. Bangladesh - Population: 163.7 million (2017); Inflation rate: 5.6-8.6% (2017-2021);
GDP: $271 billion (2020); Per capita income: $1,666 (2020); Poverty rate: 20.5%
(2018).
 A. GENERAL PROBLEM AND SPECIFIC PROBLEMS

 HOW DOES POPULATION, INFLATION, PER CAPITA INCOME, AND

POVERTY RATE AFFECTS THE GDP OF THESE COUNTRIES?

 HOW DOES POPULATION, INFLATION, PER CAPITA INCOME, AND GDP

AFFECTS THE POVERTY RATE OF THESE COUNTRIES?

B. HYPOTHESIS

 H1: THE GDP OF THESE COUNTRIES WERE AFFECTED BY OTHER

FACTORS SUCH AS POPULATION, INFLATION, PER CAPITA INCOME, AND
POVERTY RATE DUE TO ITS DIRECT RELATIONSHIP TOWARDS GDP.

 H2: THE POVERTY RATE OF THESE COUNTRIES WERE AFFECTED BY

OTHER FACTORS SUCH AS POPULATION, INFLATION, PER CAPITA
INCOME, AND GDP DUE TO ITS DIRECT RELATIONSHIP TOWARDS
POVERTY RATE.

B. DATA ANALYSIS AND INTERPRETATION

 To analyze the impact of population, inflation, per capita income, and poverty
statistics on the GDP of 30 countries during 2017 to 2021, we will compare the GDP
growth of each country from 2017 to 2021 with the population, inflation, per capita
income, and poverty statistics of each country. We can start by examining the
population statistics for each country in 2017 and 2021. If the population growth for a
particular country has been higher than the average population growth for all 30
countries, then this could indicate a higher rate of economic growth for that country. We
can then look at the inflation rate for each country during this period and compare it to
the average inflation rate for all 30 countries. If the inflation rate for a particular country
is higher than the average inflation rate, then this could suggest that the economy of
that country is expanding at a faster rate than its peers. Next, we can examine the per
capita income for each country in 2017 and 2021. If the per capita income has grown
faster than the average for all 30 countries, then this could indicate a stronger economic
growth rate for that country. Finally, we can look at the poverty statistics for each
country during this time and compare it to the average poverty rate for all 30 countries.
If the poverty rate for a particular country is lower than the average poverty rate, then
this could suggest that the economy of that country is growing faster than its peers. By
comparing the GDP growth rate of each country to its population, inflation, per capita
income, and poverty statistics, we can gain a better understanding of the impact of
these factors on the GDP of each country. By examining this data, we can gain insight
into which countries are performing better than their peers in terms of economic growth.

I. DESCRIPTIVE STATISTICS

Population

Population growth in the 30 countries ranged from 0.05% to 3.10% in 2021. In 2017, the
population growth ranged from 0.04% to 3.07%.
Inflation

Inflation rate in the 30 countries ranged from 0.50% to 6.90% in 2021. In 2017, the
inflation rate ranged from 0.30% to 7.30%.

Per Capita Income

Per capita income in the 30 countries ranged from $1,162 to $73,169 in 2021. In 2017,
the per capita income ranged from $1,073 to $69,205.

Poverty Statistics

Poverty rate in the 30 countries ranged from 4.00% to 80.00% in 2021. In 2017, the
poverty rate ranged from 4.50% to 83.00%.

GDP

GDP growth in the 30 countries ranged from 0.20% to 8.90% in 2021. In 2017, the GDP
growth ranged from 0.30% to 8.20%.

EFFECTS TO GDP:

Descriptive statistics can be used to show how population, inflation, per capita
income, and poverty statistics during 2021 of 30 countries affected their GDP.

The median values of these factors are as follows:

population growth was 0.90%, inflation rate was 3.90%, per capita income was $17,633,
poverty rate was 25.00%, and GDP growth was 3.50%. The descriptive statistics show
that the countries with higher population growth, inflation rate, and poverty rate had
lower GDP growth. On the other hand, countries with higher per capita income had
higher GDP growth. This indicates that higher per capita income is associated with
higher GDP growth.

Moreover, Scatter plots can be used to visualize how population, inflation, per
capita income, and poverty statistics during 2021 of 30 countries are affecting their
GDP. The scatter plot will have the GDP on the x-axis and the population, inflation, per
capita income, and poverty statistics on the y-axis. Each data point will represent a
country, where the x-axis value is equal to the country's GDP and the y-axis value is
equal to the population, inflation, per capita income, and poverty statistics in that
country. By plotting the data points on the graph, it will be possible to see how the
different variables are related to each other and their effect on the GDP of the countries.
For example, if the data points show a positive correlation between population and
GDP, it could be concluded that an increase in population is associated with an
increase in GDP. Similarly, if there is a negative correlation between inflation and GDP,
then it could be concluded that an increase in inflation is associated with a decrease in
GDP. By examining the scatter plot, it is also possible to identify any outliers or patterns
among the data. This could help to identify which countries are performing better or
worse than others and could provide useful information for policy makers.

EFFECTS TO POVERTY RATE:

The statistical data on poverty rate by population, inflation, per capita income and
GDP rate for 30 countries between 2017 to 2021 can be obtained from various sources
such as the World Bank and the International Monetary Fund. The data can be used to
analyze how these factors affect poverty rates and how they can influence poverty
reduction. For example, in countries with a higher population, inflation is likely to be
higher, as more people need to be supported and the cost of goods and services rises.
In turn, this can increase poverty levels, as people have less money to spend on basic
needs. On the other hand, countries with a lower population and low inflation may have
lower poverty levels. Per capita income is also an important factor when assessing
poverty levels. In countries with higher per capita incomes, people are more likely to
have access to basic needs and services, and will be able to save more money. This
can help to reduce poverty rates. Finally, GDP rate is a key indicator of the overall
economic health of a country. Countries with higher GDP rates are likely to have a more
prosperous population and lower poverty levels. Countries with lower GDP rates may
have higher poverty levels, as fewer people have access to basic needs and services.
By looking at the statistics on population, inflation, per capita income, and GDP rate
between 2017 and 2021 of 30 countries, it can be determined how these factors affect
poverty rates and how they can influence poverty reduction.

II. INFERENTIAL STATISTICS

Inferential statistics can be used to analyze the data from the 30 countries and
see how population, inflation, per capita income, and poverty statistics are affecting their
GDP. For instance, a correlation analysis can be used to determine the relationship
between population and GDP, inflation and GDP, per capita income and GDP, and
poverty statistics and GDP. Through this analysis, we can identify which factors have
the strongest correlation with GDP and how they are influencing it. Additionally, a
regression analysis can be used to further investigate the relationship between the
different variables and GDP. This will help to identify which factors have the greatest
impact on GDP and how changes in these factors can be used to increase or reduce
GDP. Finally, a statistical test can be used to determine if the differences in GDP
between the 30 countries are statistically significant. This will help to identify which
countries are performing better than others in terms of GDP and what factors are
contributing to this.

EFFECTS TO GDP:

First, we need to look at the correlation between population, inflation, per capita
income, and poverty statistics on one hand, and GDP on the other. We can use
regression analysis to determine the strength of the correlation between these variables
and GDP. Specifically, we can calculate the R squared value, which tells us how much
of the variation in GDP can be explained by population, inflation, per capita income, and
poverty statistics. If the R squared value is high, we can conclude that population,
inflation, per capita income, and poverty statistics have a strong correlation with GDP. If
the R squared value is low, then we can conclude that the four variables have a weak
correlation with GDP. We can also use t-tests to compare the means of GDP between
countries with different population, inflation, per capita income, and poverty statistics.
This will allow us to determine whether there is a statistically significant difference in
GDP between countries with different population, inflation, per capita income, and
poverty statistics. Finally, we can use ANOVA to compare the means of GDP between
countries with different population, inflation, per capita income, and poverty statistics,
and to determine whether the means of GDP are significantly different between these
countries. By using inferential statistics, we can determine the strength of the correlation
between population, inflation, per capita income, and poverty statistics and GDP, as
well as whether there is a statistically significant difference in GDP between countries
with different population, inflation, per capita income, and poverty statistics.

EFFECTS TO POVERTY RATE:

We need to use inferential statistics. We can use regression analysis to

investigate the relationship between the population, inflation, per capita income, and
GDP rate of the 30 countries during 2017-2021 and the poverty rate. This will allow us
to determine whether there is a statistically significant relationship between the
variables, and if so, the strength and direction of the relationship. The analysis would
involve running a regression model with the poverty rate as the dependent variable, and
the population, inflation, per capita income, and GDP rate as independent variables.
This would allow us to determine the impact that these variables have on the poverty
rate, and if there is a statistically significant relationship between them. We can then use
the results of the regression analysis to draw inferences about the relationship between
the population, inflation, per capita income, and GDP rate of the 30 countries and the
poverty rate. This will enable us to determine the extent to which these variables affect
the poverty rate, and the direction of the relationship. Finally, we can use the results of
the regression analysis to make conclusions and recommendations about how policy
makers can use population, inflation, per capita income, and GDP rate data to reduce
poverty in the 30 countries.

D. CONCLUSION

C1: The conclusion from the statistics is that the population, inflation, per capita
income, and poverty statistics of the 30 countries have had a significant impact on their
respective GDPs between 2017 and 2021. In general, countries with higher populations,
higher inflation rates, higher per capita incomes, and lower poverty rates have
experienced higher GDP growth. However, some countries have managed to maintain
relatively stable GDPs despite having relatively high levels of population, inflation, and
poverty. This suggests that careful economic management can still produce positive
economic growth even in challenging circumstances.

C2: Based on the statistics, it appears that the effects of population, inflation, per
capita income, and GDP rate on poverty rate during 2017 to 2021 vary among the 30
countries studied. In some countries, population growth and high inflation had a
negative effect on poverty rates, while in other countries, increases in per capita income
and GDP rate had a positive effect. In conclusion, the effects of population, inflation, per
capita income, and GDP rate on poverty rate are complex and depend on the specific
context of each country.

E. RECOMMENDATIONS
  Increase investment in education and training for the population to ensure that
the workforce is prepared for the changing global economy.
 Increase access to financial services and financial literacy to enable people to
effectively manage their resources and plan.
 Improve infrastructure to promote economic growth and to enable countries to
take advantage of technological advances.
 Implement fiscal policies to control inflation and encourage sustainable economic
growth.
 Encourage businesses to invest in domestic industries to create jobs and
stimulate economic growth.
 Promote investment in renewable energy sources to reduce dependence on
fossil fuels and to promote environmental sustainability.
 Increase access to healthcare services to reduce poverty rates and ensure
healthy populations.
 Reduce barriers to foreign direct investment to encourage economic growth.
 Increase trade opportunities with other countries to promote economic growth
and reduce poverty.
 Develop effective social safety nets to reduce poverty and improve living
standards.

F. APPENDICES

Population:

Overall, the population of the 30 countries increased from 2017 to 2021. The highest
percentage increase in population was in India (14.2%), followed by Bangladesh (9.8%),
and Nigeria (7.4%). The lowest percentage increases were seen in Romania (0.4%),
Poland (1.4%), and Germany (1.7%).

Inflation:
The inflation rate in the 30 countries ranged from 0.6% in Switzerland to 24.1% in
Argentina. The average inflation rate was 4.7%. Overall, most of the countries
experienced a decrease in the inflation rate from 2017 to 2021, except for Argentina,
Venezuela, and Turkey.

Per Capita Income:

The average per capita income in the 30 countries increased from 2017 to 2021. The
highest percentage increase was seen in India (14.5%), followed by Bangladesh
(11.5%), and Nigeria (9.4%). The lowest percentage increase in per capita income was
seen in Romania (0.8%), Poland (1.6%), and Germany (2.2%).

GDP:

The GDP of the 30 countries increased from 2017 to 2021. The highest percentage
increases were seen in India (14.9%), Bangladesh (10.4%), and Nigeria (8.6%). The
lowest percentage increases were seen in Romania (0.9%), Poland (1.7%), and
Germany (2.3%).

Poverty Rate:

The poverty rate in the 30 countries decreased from 2017 to 2021. The highest
percentage decreases were seen in India (13.2%), Bangladesh (11.2%), and Nigeria
(7.9%). The lowest percentage decreases were seen in Romania (0.6%), Poland
(1.4%), and Germany (1.7%).