Growth & Output
GDP per capita
GDP per capita divides a country's total output by its population, giving a rough measure of average economic output per person. It strips out the effect of population size when comparing living standards across countries — a small, wealthy country like Luxembourg can rank far above a much larger economy like India despite a smaller total GDP.
Why it matters
Use it alongside raw GDP to separate economic size from average prosperity when ranking countries.
Also known as: GDP per person, income per capita