Economics›Macroeconomics›What is GDP Per Capita? Definition: The GDP Per Capita measures the total economic output of a country per each of its individual habitants. In other words, it reflects the country’s production per individual.What Does GDP Per Capita Mean?
GDP per Capita 65875.18 64342.12 USD Dec 2023 GDP per Capita PPP 74577.51 72841.92 USD Dec 2023 GDP Sales -2.50 3.30 percent Mar 2025 Gross Fixed Capital Formation 4346.80 4265.90 USD Billion Mar 2025 Gross National Product 23620.90 23427.70 USD Billion Dec 2024 Real Consumer Spending 1.80 4.00 pe...
GDP per capita is gross domestic product at current market rates and divided by total population. The data is priced in United States dollars. Data source:World Bank, Washington D.C.
World Economics measures variation in the quality of both GDP and population data, by theGDP Data Quality Ratings(GDP DQR) and thePopulation Data Quality Ratings(PDQR) respectively and employs both scores to assess the overall accuracy of GDP per capita data. In most cases, because of out of...
What is real GDP per capita? Understand the meaning and significance of real GDP per capita by examining its parts: GDP, per capital, and what it means to examine a value by real terms. Learn to calculate GDP with examples. Updated: 11/21/2023 Table...
and per capita. Nominal GDP is the value of all goods and services produced in a country at current prices. Real GDP is the value of all goods and services produced in a country, adjusted for inflation. Per capita GDP is the value of all goods and services produced in a country divided...
"Per capita," as it relates to economic consumption, refers to one person. It comes from the Latin "per head." The main use of per capita calculations in economics is to determine changes in income and GDP. You will often read or hear about "per capita income" or "per capita GDP" ...
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The Gross Domestic Product per capita in Spain was last recorded at 47298.41 US dollars in 2023, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Spain, when adjusted by Purchasing Power Parity is equivalent to 266 percent of the world's average. source: World Bank...
World Economics measures variation in the quality of both GDP and population data, by the GDP Data Quality Ratings (GDP DQR) and the Population Data Quality Ratings (PDQR) respectively and employs both scores to assess the overall accuracy of GDP per capita data. In most cases, because of ...