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Gross domestic product (GDP) per capita

Domain

Prosperity

Subdomain

Income and growth

Indicator

Gross domestic product (GDP) per capita


Definition

Gross domestic product (GDP) per capita.

Real gross domestic product (GDP) per capita.


Measurement

Gross domestic product (GDP) per capita

Gross domestic product (GDP) measures the total unduplicated value of goods and services produced in a country during a certain period. It also measures the income that accrues from that production. GDP per capita of a country is calculated by dividing total GDP of the country by its total population. This indicator uses GDP at current prices.

Real gross domestic product (GDP) per capita

Real gross domestic product (GDP) presents the GDP of a country adjusted for price changes and is used as an indicator of a country’s macroeconomic performance. Real GDP per capita is calculated by dividing the real GDP of the country by its total population. This indicator uses GDP at chained Fisher prices. It is commonly used to assess the living standards or economic well-being of a country.


Data sources


Data analysis


Additional information

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