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How do you calculate GDP per capita?

To calculate the GDP per capita of a given country: Find out the GDP of that country. Find out its population. Divide GDP by the country's population. Now you know the country's GDP per capita and have gained an insight into how wealthy its average citizen is. What is the difference between GDP and GDP per capita?

How does GDP per capita work?

The Gross Domestic Product per capita, or GDP per capita, is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population.

What is GDP per capita?

GDP per capita measures a particular nation's economic output in proportion to its population size. It is often used as an indicator of a country's standard of living. However, it does not consider the uneven distribution of wealth, meaning it is not always an accurate measure of the entire population's living standard.

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