GDP per capita: Difference between revisions

Latest revision as of 09:37, 19 November 2018

Label:	Gross domestic product (GDP) per capita
Description:	Gross Domestic Product per capita, measured as the market value of all goods and services produced in a region in a year, and is used in the IMAGE framework as a generic indicator of economic activity.
Dimensions:	time, region
Default unit:	US$ (2005) per year
Variable type:	driver
Driver group:	Economic development
Source:	World Bank database;
Values based on:	future: exogenous input

Drivers are described in the Drivers component.

Variable is input of model component(s):

@@ Line 1: / Line 1: @@
 {{VariableTemplate
-|Status=Publishable
 |Label=Gross domestic product (GDP) per capita
-|Description=Gross Domestic Product (GDP) is a key indicator to measure macro-economic activity and is also used as a welfare indicator. GDP formally measures expenditures on private household consumption, investment and government purchases of goods and services, along with the balance of exports and imports of merchandise and non-factor services.
+|Description=Gross Domestic Product per capita, measured as the market value of all goods and services  produced in a region in a year, and is used in the IMAGE framework as a generic indicator of economic activity.
 |Dimension=time, region
 |Unit=US$ (2005) per year
 |VariableType=driver
-|Source=OECD, CPB
-|Reference=
 |DriverGroup=Economic development
-|Source=OECD, CPB
+|Source=World Bank database;
+|BasedOn=future: exogenous input
 }}
-Other economic growth indicators, such as private consumptions or service value added, are strongly related to GDP.