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Population changes

Exploring GDP's Approach to Population Changes

June 6, 2024

How does GDP account for changes in population size?

GDP per capita, derived by dividing GDP by the population size, accounts for changes in population when assessing economic growth on a per-person basis. While GDP measures total economic output, GDP per capita offers insights into economic performance concerning population changes, aiding in comparisons across different time periods and countries.

Tags : GDP , Population Changes , Economic Growth

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