Macroeconomics
GDP Per Capita
Definition
What is GDP Per Capita?
Gross domestic product divided by the population.
Example in practice
How This Looks in Practice
GDP per capita is one broad measure of average economic output per person.
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Related Terms
Macroeconomics
Gross Domestic Product
The total market value of final goods and services produced within a country during a period.
MacroeconomicsReal GDP
Gross domestic product adjusted for changes in prices.
MacroeconomicsNominal GDP
Gross domestic product measured at current prices without adjusting for inflation.
Market SentimentRisk-On Market
A market environment in which investors favour higher-risk assets.