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  1. www.omnicalculator.com · finance · gdp-per-capitaGDP per Capita Calculator

    The GDP per capita calculator is a tool to compute the Gross Domestic Product per unit of population in a given country. If you read further, you can learn how to calculate GDP per capita and get familiar with the real GDP per capita definition.

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    Country X is a growing small economy. Last year the country reported its GDP as around $400 million, and the country's population, as per the previous census report, is 200,000. Therefore, you must calculate GDP per capita or country X. Solution Use the below-given data for the calculation of GDP per capita. 1. GDP of country X: 400,000,000 2. The ...

    Country MCX is trying to figure out the country's GDP and then wants to know the GDP and per capita of the country.The statistics department of the government has provided them with the below data: Use the below-given data for the calculation of GDP per capita. The nation's elections are due next year. The President is concerned if they made growth...

    As per the data available on worldpopulationview.com, the GDP and the population of the various countries are available below: Use the below-given data for the calculation of GDP per capita formula economics. You must calculate the GDP per capita and comment upon the same. Solution Therefore, the calculation of GDP per capita is as follows: = 21410...

  3. Mar 31, 2024 · The calculation formula to determine GDP per capita is a country's gross domestic product divided by its population. GDP per capita reflects a nation's standard of living.

  4. Sep 17, 2020 · The best way to calculate real GDP per capita for the United States is to use the real GDP estimates already published by the BEA. Then just divide it by the population. Fortunately, the Federal Reserve Bank of St. Louis already calculated it, as shown below.

    • Kimberly Amadeo
  5. Sep 10, 2024 · GDP per capita: Measures the average economic output per person in a country. Income per capita: Reflects the average income earned by each person in a particular area or country. Healthcare expenditure per capita: Shows how much is spent on healthcare for each individual.

  6. Sep 29, 2020 · How to Calculate GDP Per Capita. The formula for GDP per capita is: GDP per capita =Gross Domestic Product / Population. For example, the US GDP per Capita is around $20 trillion in gross domestic product (2018) for a population of more than 300 million people.

  7. Jul 25, 2024 · To calculate per capita, take the number you are interested in (e.g., a country’s GDP) and divide it by the population being analyzed.

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