GDP per capita is the value of all final goods and services produced within a nation in a given year, converted at market exchange rates to current U.S. dollars, divided by the average population for the same year.

GDP per capita acts as a metric for determining a country’s economic output per each person living there. Often times, rich nations with smaller populations tend to have higher per capita GDP.

Music: “A Rising Wave” – Jeremy Blake

Data source: Worldbank, Maddison, Gapm