What helps raise a country's GDP. Is a high literacy-rate. A high literacy rate is a number of people that can read and write in any given county over the age of 14.
The GDP (gross domestic product) of a country divided by that country's population.
if GDP grows faster than the population of a country, the per capita GDP will rise
In 2012 its about 7.5% of the country's GDP
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
GDP - Gross Domestic Product GDP is a measure of the wealth of a country. It is worked out by dividing the total of the money by what a country gains from the production of goods and services by it's population. GDP is measured in US Dollars - $
A country's GDP is the market-valued sum of all its economic activity.
How does human capital influence a country's GDP positively
The GDP (gross domestic product) of a country divided by that country's population.
How does human capital influence a country's GDP positively
The richest country in Europe is Germany by GDP, Liechtenstein by GDP per capita.
if GDP grows faster than the population of a country, the per capita GDP will rise
In 2012 its about 7.5% of the country's GDP
GDP is the value of all the goods and services produced in the country in one year. Money earned outside of the country is not included.
GDP - Gross Domestic Product GDP is a measure of the wealth of a country. It is worked out by dividing the total of the money by what a country gains from the production of goods and services by it's population. GDP is measured in US Dollars - $
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.
because the GDP for the country is high, the GDP stands for Gross Domestic Product, this is just a fancy way of saying how much money the country produces. GDP percapita is another way of saying the GDP but for one person. The higher the GDP the wealthier the country so England obviously has a high GDP. But don't be fooled knowing the GDP does not tell you how developed the country is England is a developed country because of things like adult literacy, life expantacy at birth, the amount of people working etc. Hope it helped
all of the resources of production together produce the GDP