GDP per capita
Jump to navigation
Jump to search
| 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 |
| Source: | OECD, CPB |
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.