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May pinakamataas na GDP per capita?
Singapore
What is real GDP and GDP percapital?
Real GDP is Gross Domestic Product (A measure of the value of all things produced as marketable goods and services in a country in a given amount of time, normally a year) adjusted for indepent factors, such as inflation, that alter GDP. When economists compare GDP between years, they may look at real GDP to take a very accurate meausre of growth. GDP per capita (not GDP percapital, as there is no such thing) is a measure of the average individual's input to the GDP. For example, Venezuela, a country of 29,000,000 in population, had a GDP of approxamately 382 billion USD. Its GDP per capita was therefore 13,200 USD, which means that the average resident of Venezuela contributed 13,200 USD to the GDP of Venezuela. The formula for GDP per capita is (GDP per capita)=(GDP)/(Population)
How does the US' GDP compare with that of the rest of the world?
The nominal GDP of the US is the 2nd in the world (after the European Union). However, the GDP PPP (at purchasing power parity (which takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income) is the 2nd in the world (after the European Union and China) and the GDP PPP per capita is the 10th in the world.
What is real GDP?
Real GDP is Gross Domestic Product (A measure of the value of all things produced as marketable goods and services in a country in a given amount of time, normally a year) adjusted for indepent factors, such as inflation, that alter GDP. When economists compare GDP between years, they may look at real GDP to take a very accurate meausre of growth. GDP per capita (not GDP percapital, as there is no such thing) is a measure of the average individual's input to the GDP. For example, Venezuela, a country of 29,000,000 in population, had a GDP of approxamately 382 billion USD. Its GDP per capita was therefore 13,200 USD, which means that the average resident of Venezuela contributed 13,200 USD to the GDP of Venezuela. The formula for GDP per capita is (GDP per capita)=(GDP)/(Population)
Why is per capital a better measure of a country's standard of living than GDP?
Simple none of the two are the best. HDI is the best measurement of a country's standard of living. To answer your question though as you may know, GDP per capita the the measurement of the amount of GDP per person in a country. GDP on the otherhand only calculates the total economic output of an economy. Therefore if we consider a country with 100,000 people(A) and one with 100 people(B) and both countries have the same GDP of 100,000$ they are from a GDP point of view the same. From a GDP per capita point of view though country A has only 1 $ to spend per person which compared to country B which has 1,000$ to spend per country is quite a poor effort. If this does not satisfy you please send me a message :)
Bayan na may pinaka mataas na populasyon?
penaka mataas na lugar
May pinakamataas na GDP per capita?
Singapore
What is real GDP and GDP percapital?
Real GDP is Gross Domestic Product (A measure of the value of all things produced as marketable goods and services in a country in a given amount of time, normally a year) adjusted for indepent factors, such as inflation, that alter GDP. When economists compare GDP between years, they may look at real GDP to take a very accurate meausre of growth. GDP per capita (not GDP percapital, as there is no such thing) is a measure of the average individual's input to the GDP. For example, Venezuela, a country of 29,000,000 in population, had a GDP of approxamately 382 billion USD. Its GDP per capita was therefore 13,200 USD, which means that the average resident of Venezuela contributed 13,200 USD to the GDP of Venezuela. The formula for GDP per capita is (GDP per capita)=(GDP)/(Population)
How does the US' GDP compare with that of the rest of the world?
The nominal GDP of the US is the 2nd in the world (after the European Union). However, the GDP PPP (at purchasing power parity (which takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income) is the 2nd in the world (after the European Union and China) and the GDP PPP per capita is the 10th in the world.
What is real GDP?
Real GDP is Gross Domestic Product (A measure of the value of all things produced as marketable goods and services in a country in a given amount of time, normally a year) adjusted for indepent factors, such as inflation, that alter GDP. When economists compare GDP between years, they may look at real GDP to take a very accurate meausre of growth. GDP per capita (not GDP percapital, as there is no such thing) is a measure of the average individual's input to the GDP. For example, Venezuela, a country of 29,000,000 in population, had a GDP of approxamately 382 billion USD. Its GDP per capita was therefore 13,200 USD, which means that the average resident of Venezuela contributed 13,200 USD to the GDP of Venezuela. The formula for GDP per capita is (GDP per capita)=(GDP)/(Population)
Pinaka malaking lawa na may tubig alat?
Ang pinakamalaking lawa na may tubig alat ay ang Lawa ng Kaspian, na matatagpuan sa Gitnang Asya. Ito ay isang lawa na may malawak na sakop at malalim na tubig na may mataas na salt content.
Propesyon na may mataas na demand?
huyuyg
Why is per capital a better measure of a country's standard of living than GDP?
Simple none of the two are the best. HDI is the best measurement of a country's standard of living. To answer your question though as you may know, GDP per capita the the measurement of the amount of GDP per person in a country. GDP on the otherhand only calculates the total economic output of an economy. Therefore if we consider a country with 100,000 people(A) and one with 100 people(B) and both countries have the same GDP of 100,000$ they are from a GDP point of view the same. From a GDP per capita point of view though country A has only 1 $ to spend per person which compared to country B which has 1,000$ to spend per country is quite a poor effort. If this does not satisfy you please send me a message :)
May sakit na Leon?
pinaka maikiling kwento.
Bayan na may pini ka mataas na populasyon?
edi china..!
Bansa na may mataas na human development?
mabahu 1 bilat
Does the national income figure accurately reflect the living standard of a population?
national income statistics are very useful as living standards are measured using GDP per capita. The higher the GDP per capita the better the living standards. However, national income statistics are subject to a number of drawbacks which make its usefulness debateble in economic practise. 1. NY Statistics do not take into account the opportunity cost of high production that is leisure time forgone. 2. GDP per capita figures do not take into consideration negative externalities generated from economic development e.g pollution. 3. It does not take into account condition of work e.g doctor patient ratio. 4. Composition of NY that is, GDP may be high because of increased government spending on amunation which does not improve living starndards.
