What does it mean by Per capita GDP for a country?

Answer by  Kriket (1029)

Per capita means per person. GDP is gross domestic product the amount of all things produced. If you have two countries that have the same GDP, but one country is twice as populated they have a lower GDP per capita. Meaning the country was less productive the a less populated country.

Answer by  alz (2329)

GDP means Gross Domestic Product, and "Per Capita" means per person. This corrects for the different number of people in each country. For example, if you just looked at each country's GDP, the countries with more people would earn more money. However, if you look per capita, it corrects for that difference and gives a clearer picture.

Answer by  CaylasCreations (214)

GDP means gross domestic product. Per capita means per place. That is the count of how many products are sent from a country.

Answer by  tamarawilhite (17883)

Per capita GDP is the gross domestic product of that nation divided by the number of people to give an average production value per person.