2007-11-23 05:19:43 · 3 answers · asked by Anonymous in Business & Finance ➔ Corporations
A region's gross domestic product, or GDP, is one of the ways of measuring the size of its economy. The GDP of a country is defined as the total market value of all final goods and services produced within a country in a given period of time (usually a calendar year).
The Per Capita GDP (usually of a country) is simply GDP divided by the number of people in that country.
2007-11-23 09:31:59 · answer #1 · answered by Sri 4 · 1⤊ 0⤋
Kimba's got it - although the "per capita" is what means 'per person.' GDP on it's own is a sum for the whole country (not divided by population size).
2007-11-23 05:31:15 · answer #2 · answered by hndollar 2 · 0⤊ 1⤋
Grosss domestic product, which is the value of all goods and services produced in a countyr in a year, divided by the average population for that year.
2007-11-23 05:25:45 · answer #3 · answered by Barcadcadacada 6 · 0⤊ 1⤋