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How do you calculate the real GDP per person?

The real Gross Domestic Product per person, or per capita, is calculated by first adjusting the nominal GDP of a country for inflation by dividing the nominal GDP by the deflator. The adjusted number, or real GDP, is then divided by the country’s population. Determine the deflator. The deflator is determined by finding the level of inflation ...

What is the United States real GDP per capita?

United States per-capita GDP was $65,240 in 2019. United States per-capita GDP was $65,240 in 2019. Real United States per-capita GDP is 9.49% higher today than 5 years prior in 2014. In that time the population in United States grew by 9,896,000 (3.11%) people.

Which is true about per capita GDP?

GDP Per Capita is a measurement of the approximate value of a country’s gross domestic product (GDP) contributed by each member of its population. It is calculated by taking a country’s GDP and dividing it by the country’s population. GDP refers to the total value of all goods and services produced within a country’s borders during a ...

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