GDP per capita

GDP per capita means GDP divided by the population. In simple terms, it shows the average economic output per person in a country. It is often used to compare living standards between countries. A country with a large GDP may not always have a high GDP per capita if it also has a very large population. For example, if a country has a GDP of $1 trillion and a population of 100 million people, its GDP per capita is $10,000. GDP per capita does not show how income is distributed. A country can have a high GDP per capita, but some people may still be much richer or poorer than others.