Economic growth
Differences between Long-Term Growth between Countries and the Power of Small Changes in Growth

Country
Period
Real GDP per Person at Beginning of Period
Real GDP per Person at End of Period
Annualized Growth Rate
Japan
1890-2008
$1,504
$35,220
2.71%
Brazil
1900-2008
$779
$10,070
2.40%
Mexico
1900-2008
$1,159
$14,270
2.35%
Germany
1870-2008
$2,184
$35,940
2.05%
Canada
1870-2008
$2,375
$36,220
1.99%
China
1900-2008
$716
$6,020
1.99%
United States
1870-2008
$4,007
$46,970
1.80%
Argentina
1900-2008
$2,293
$14,020
1.69%
United Kingdom
1870-2008
$4,808
$36,130
1.47%
India
1900-2008
$675
$2,960
1.38%
Indonesia
1900-2008
$891
$3,830
1.36%
Pakistan
1900-2008
$737
$2,700
1.21%
Bangladesh
1900-2008
$623
$1,440
0.78%

Question: What was the average annualized growth rate of the United States and United Kingdom?
Answer: The GDP per person grew, on average, by 1.80% per year in the United States and by 1.47% in the United Kingdom.