It’s also highly manipulable. Should a virus, for example, result in the deaths of many people, GDP per capita may come out notably high — even despite potentially horrible living conditions.
For example, if a country has a high overall GDP but a low per-capita GDP, significant wealth might be concentrated in the hands of very few people. The United Nations' Human Development Index ...
For example, is a streamed music service equivalent to a digital ... the United States and other OECD countries when this is assessed on the basis of GDP per capita (Jones and Klenow 2016). These ...
As India barrels toward higher GDP per capita and rising wages, how sustainable is the ultra-fast delivery model that’s come to define urban convenience? With 10-minute grocery drops becoming ...
Alex Nowrasteh, the Cato Institute’s vice president for economic and social policy studies, pushed back on Vance’s claim. “GDP per capita has risen even as the U.S. immigrant population has increased, ...
South Korea ranked 21st, with a per capita GDP of $35,563. Japan’s ranking stayed at 22nd, the same as in 2022. According to the Cabinet Office, South Korea revised its GDP calculation standards ...
Based on per-capita GDP, Luxembourg stands out as the European bloc’s wealthiest member state. Eurostat data for 2024, ...