The GDP per capita represents the total value of a country's economic output per person. It is calculated by dividing the nation's GDP by its population and is expressed in U.S. dollars for the most ...

The poorest US state's Gross Domestic Product (GDP) per capita is higher than that of Europe's top five economies, except for Germany. However, Mississippi competes closely with Germany ...

Luxembourg, with its high GDP per capita and strong financial sector, is the richest country in the world. The nation is known for using its wealth to ensure better living standards, healthcare ...

Now, here's where it gets interesting. Sometimes, the GDP per capita only tells us part of the story. That's because the cost of living and inflation rates can vary a lot from one country to another.

Similarly, if the U.S. absorbed Canada and Greenland — two countries that are wealthy, but not nearly as wealthy as the U.S. — it wouldn’t have much of an impact on gross domestic product per capita.

The Bank of Canada has estimated the country’s GDP will fall by “four per cent” in the medium term because of tariffs imposed by the United States, according to CommSec’s Tom Piotrowski.

The net reduction in excess labour supply will raise GDP inflation by an average of 0.1% over 2025-27. However, the population shock of having 1.4 million fewer residents by the end of 2027 than under ...