Per capita is a Latin term that translates to “by head” and is used in English to mean average per person ... The most common instances of per capita are GDP per capita and income per capita.

For example, if a country has a high overall GDP but a low per-capita GDP, significant wealth might be concentrated in the hands of very few people. The United Nations' Human Development Index ...

increased GDP can still mean less money per person, which can reduce people's living standards. This is why the GDP per capita measure is important Official GDP figures don't take into account ...

Suppose China has a GDP per capita of $1,500, while Ireland has a GDP per capita of $15,000. This doesn’t necessarily mean that the average Irish person is 10 times better off than the average ...

Therefore, divide the GDP by the total number of people in the country to get GDP per capita. Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story.

Amid the economic disruption, however, several countries managed to display remarkable growth in their GDP per capita from 2020 to 2021. Using data from The World Bank, we analyzed various nations ...

FILIPINOS living in Bataan, Laguna, and Batanes are among those who enjoy higher per capita GDP than the national average in 2023, according to the latest data released by the Philippine Statistics ...