However, the most famous GDP formula uses the expenditure approach ... Many economists have come to prefer GDP per capita as a means of evaluating a country’s general prosperity.

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 ...

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 ...