The calculation formula to determine GDP per capita is a country’s gross domestic product divided by its population. GDP per capita reflects a nation’s standard of living. Which Countries Have ...

If an amount is expressed per capita, it means that amount per person. The phrase can be used for almost any kind of population description, but it is common when discussing economic data.

The world’s Middle Income Countries (MICs) are a diverse group by size, population, and income level. For the current 2024 fiscal year, low-income economies are defined as those with a GNI per capita, ...