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The GDP per capita is used to measure a country's standard of living. It is calculated by dividing the country's GDP by its population, which better allows comparison of GDP between countries.
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The per capita GDP of Haiti is $1,317.
if GDP grows faster than the population of a country, the per capita GDP will rise
GDP per capita is generally lower, and poverty rates are generally higher, in countries with lower standards of living.
You should use GDP per capita when comparing countries GDPs
Here is a list of the richest countries Luxembourg (GDP per capita: $119,719) Norway (GDP per capita: $86,362) Switzerland (GDP per capita: $83,832) Ireland (GDP per capita: $81,477) Iceland (GDP per capita: $78,181) Qatar (GDP per capita: $65,062) The United States of America (GDP per capita: $64,906) Denmark (GDP per capita: $63,434) Singapore (GDP per capita: $62,690) Australia (GDP per capita: $58,824) so I know the USA is the richest country but this is the richest countries by GDP.
The GDP per capita is used to measure a country's standard of living. It is calculated by dividing the country's GDP by its population, which better allows comparison of GDP between countries.
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The GDP per capita of France is € 28,722
The per capita GDP of Haiti is $1,317.
if GDP grows faster than the population of a country, the per capita GDP will rise
Pakistan's GDP per capita is US$ 1,201.
In 2004, the GDP per capita in England was 26904 Euros
Real GDP/Capita
GDP per capita is generally lower, and poverty rates are generally higher, in countries with lower standards of living.
Richest countries by GDP per capita (2011):LuxembourgQatarNorwaySwitzerlandAustraliaSan MarinoUnited Arab EmiratesDenmarkSwedenCanadaNetherlandsAustriaSingaporeFinlandUnited StatesIrelandBelgiumJapanGermanyFrance