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18 July, 16:13

According to the World Bank, E. U. remittances to Senegal were $ 1,005,728,139 in 2015. Senegal's gross domestic product (GDP) was $ 13,779,570,750 in 2015. What percentage of Senegal's 2015 GDP is represented by the remittances? Round your answer to one place after the decimal.

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  1. 18 July, 16:21
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    7.3%

    Explanation:

    To determine the percentage of Senegal's 2015 GDP that is represented by the remittances you have to divide the remittances by Senegal's GDP:

    Remittances: $ 1,005,728,139

    GDP: $ 13,779,570,750

    $ 1,005,728,139/$ 13,779,570,750 = 0.073*100 = 7.3%

    The percentage of Senegal's 2015 GDP that is represented by the remittances is 7.3%.
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