What factors affect GDP per capita?

There can be several numerical relationships that affect GDP per capita. If a country’ GDP per capitais growing with a stable population level it can potentially be the result of technological progressions that are producing more with the same population level.

How is GDP per capita calculated?

Gross domestic product (GDP) per capita is a financial metric that breaks down a country's economic output per person and is calculated by dividing the GDP of a nation by its population. Gross domestic product per capita measures a country's economic output per person and is calculated by dividing the GDP of a country by its population.

What is the difference between GDP and GDP per capita?

The main difference between GDP and GDP per capita is that when GDP is calculated to produce the gross value of productivity that a country can produce in an economic year, GDP per capita is used to provide an idea about the lifestyle of the citizens as it gives the value of economic release per individual of the country.