GDP per capita: Difference between revisions
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|Status=Publishable | |Status=Publishable | ||
|Label=Gross domestic product (GDP) per capita | |Label=Gross domestic product (GDP) per capita | ||
|Description=Gross Domestic Product (GDP) is a key indicator to measure macro-economic activity | |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. | ||
|Dimension=time, region | |Dimension=time, region | ||
|Unit=US$ (2005) per year | |Unit=US$ (2005) per year | ||
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|DriverGroup=Economic development | |DriverGroup=Economic development | ||
}} | }} | ||
Other economic growth indicators, such as private consumptions or service value added, are strongly related to GDP. | |||
Revision as of 17:41, 7 August 2013
| 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. |
| Dimensions: | time, region |
| Default unit: | US$ (2005) per year |
| Variable type: | driver |
| Driver group: | Economic development |
Drivers are described in the Drivers component.
Variable is input of model component(s):
- Click on a box to open the model component.
Other economic growth indicators, such as private consumptions or service value added, are strongly related to GDP.