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What does per capita mean?

Per capita means the average per person and is often used in place of “per person” in statistical observances. The phrase can be used for almost any kind of population description, but is common when discussing economic data. This could include a country’s: “Per capita” is a term used in economic and statistical analysis that means “per person.”

How does GDP per capita work?

The Gross Domestic Product per capita, or GDP per capita, is a measure of a country's economic output that accounts for its number of people. It divides the country's gross domestic product by its total population.

What are the different uses of per capita?

The most common uses of per capita are gross domestic product (GDP) per capita and income per capita. For national economic indicators, such as gross domestic product (GDP) or gross national product (GNP), the total figure is certainly of interest.

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