What do you mean by GDP …
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Meghna Thapar 4 years, 11 months ago
GDP per capita is nothing but GDP per person; the country's GDP divided by the total population. ... While the GDP measures only the production and services within a country, GNI also includes net income earned from other countries. Per capital GNI or per capita income is the GNI divided by the population. Faster growth in gross domestic product (GDP) expands the overall size of the economy and strengthens fiscal conditions. Broadly shared growth in per capita GDP increases the typical American's material standard of living.
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