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GDP and per capita income

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GDP and per capita income

Posted by Madan Majoka 1 year ago

CBSE > Class 10 > Information Technology (402)

2 answers

Ashu Kumar 1 year ago

GDP per capita is the sum of gross value added by all resident producers in the economy plus any product taxes (less subsidies) not included in the valuation of output, divided by mid-year population. Growth is calculated from constant price GDP data in local currency.

0Thank You

Kanu Choudhary 1 year ago

GDP or gross domestic product is the total value of final goods and services produce within a country in that particular year and per capita income is the total national income divided by total population

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