---
title: Per Capita GDP
description: Per capita GDP is measured by dividing an economy’s gross domestic product by that economy’s average population in a given year.
---

[Realized 1031 Glossary of Terms ](https://www.realized1031.com/glossary)

# [Per Capita GDP](https://www.realized1031.com/glossary/per-capita-gdp)

 Written by [The Realized Team](https://www.realized1031.com/glossary/author/the-realized-team) | Jun 27, 2022 12:00:00 PM

Per capita GDP is measured by dividing an economy’s gross domestic product by that economy’s average population in a given year. Per capita GDP is used as a measure of the standard of living in an economy by adjusting for the size of the economy’s population. As developing nations grow, their per capita GDP will converge with the per capita GDP of developed nations.

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