GDP per capita divides economic output by the population.
GDP per Capita Calculator
Form
Results
GDP Per Capita
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Table of Contents
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What is GDP per Capita?
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How to Use This Calculator
- Enter or select Real GDP, Population.
- Check the unit beside each measurement. For a percentage or rate, use the scale and time period stated in the form.
- Choose Calculate, then compare the output with the formula and example below. If you change a value or option, calculate again to update the result.
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Formula Used
GDP per capita = real GDP/population
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Variables Explained
| Input | What it means |
|---|---|
| Real GDP | Use the measured or stated value for this item, with the unit or category shown beside the field. |
| Population | Total number of eligible members in the population being studied. |
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Worked Example
Real GDP of 500 billion for 25 million people gives 20,000 per person.
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Why Use This Calculator?
Compare the result with the underlying statement, budget or proposed transaction. It is most useful when every amount uses the same reporting period and the same accounting definition.
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Common Mistakes
- It is an average output measure, not median household income or an income distribution measure.
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Frequently Asked Questions
Should I use monthly or annual figures?
Use one consistent period for every amount and rate in the relationship. If a form specifies an annual rate or a monthly amount, follow that label rather than mixing time periods.
Does the result include fees and tax?
Only the costs and taxes represented by the inputs and formula are included. A real transaction can include other charges, so compare the estimate with the underlying agreement or statement.
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Sources & References
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