the usefulness of gross domestic product per capita statistics
No less important than and, at the same time, more fully reflecting the standard of living in a particular country in the world compared to GDP is Gross Domestic Product calculated Per Capita. This indicator is calculated as the ratio of GDP to the total population of the country, and shows how much of GDP produced in the country annualy and expressed in value terms, accounted for 1 citizen of that country. This indicator is used primarily to determine the standard of living in a particular country.
This long-lasting quarantine period has undoubtedly shaken up the world. From the economy to health care, and even to schools…
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