100+ datasets found
  1. U.S. real per capita GDP 2024, by state

    • statista.com
    Updated Aug 1, 2025
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    Statista (2025). U.S. real per capita GDP 2024, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Aug 1, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

  2. Chinese cities with largest and smallest per capita GDP 2021

    • statista.com
    Updated Dec 10, 2024
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    Statista (2024). Chinese cities with largest and smallest per capita GDP 2021 [Dataset]. https://www.statista.com/statistics/1183530/china-city-comparison-largest-and-smallest-per-capita-gross-domestic-product-gdp/
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    Dataset updated
    Dec 10, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    China
    Description

    Per capita gross domestic product (GDP) of cities in China varies tremendously, mainly depending on the location of the city. Cities with the highest per capita GDP are mainly to be found in coastal provinces in East China and in South China, like Guangdong province. The poorest cities are located in the still less developed western parts of China, like Gansu province, or in the Chinese rust belt in Northeastern China, like Heilongjiang province.

  3. C

    China CN: GDP: per Capita: Guangdong: Zhanjiang

    • ceicdata.com
    Updated Mar 12, 2018
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    CEICdata.com (2018). China CN: GDP: per Capita: Guangdong: Zhanjiang [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city-per-capita
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    Dataset updated
    Mar 12, 2018
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    CN: GDP: per Capita: Guangdong: Zhanjiang data was reported at 53,757.127 RMB in 2023. This records an increase from the previous number of 52,786.547 RMB for 2022. CN: GDP: per Capita: Guangdong: Zhanjiang data is updated yearly, averaging 25,317.762 RMB from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 53,757.127 RMB in 2023 and a record low of 6,230.589 RMB in 2000. CN: GDP: per Capita: Guangdong: Zhanjiang data remains active status in CEIC and is reported by Zhanjiang Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

  4. Gross domestic product (GDP) at basic prices, by census metropolitan area...

    • www150.statcan.gc.ca
    Updated Nov 27, 2024
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    Government of Canada, Statistics Canada (2024). Gross domestic product (GDP) at basic prices, by census metropolitan area (CMA) (x 1,000,000) [Dataset]. http://doi.org/10.25318/3610046801-eng
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    Dataset updated
    Nov 27, 2024
    Dataset provided by
    Statistics Canadahttps://statcan.gc.ca/en
    Area covered
    Canada
    Description

    This table contains data for gross domestic product (GDP), in current dollars, for all census metropolitan area and non-census metropolitan areas.

  5. U.S. real GDP per capita 2021, by metro area

    • statista.com
    Updated Jul 5, 2024
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    Statista (2024). U.S. real GDP per capita 2021, by metro area [Dataset]. https://www.statista.com/statistics/248112/per-capita-us-real-gross-domestic-product-gdp-by-metro-area/
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    Dataset updated
    Jul 5, 2024
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    United States
    Description

    In 2021, Midland metropolitan area in Texas had a per capita real GDP of about 227,765 chained U.S. dollars, the highest of any metro area in the United States. The San-Jose-Sunnyvale-Santa Clara and San Francisco-Oakland-Berkely metro areas in California also had high real GDP per capita. The Seattle-Tacoma-Bellevue metro area in Washington state and the Trenton-Princeton metro area in New Jersey round out the top five. Only the top 100 metro areas by GDP per capita are shown here.

  6. China CN: GDP: per Capita: Guangdong: Shenzhen

    • ceicdata.com
    Updated Dec 15, 2024
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    CEICdata.com (2024). China CN: GDP: per Capita: Guangdong: Shenzhen [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city-per-capita/cn-gdp-per-capita-guangdong-shenzhen
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    Dataset updated
    Dec 15, 2024
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    GDP: per Capita: Guangdong: Shenzhen data was reported at 195,230.173 RMB in 2023. This records an increase from the previous number of 183,801.000 RMB for 2022. GDP: per Capita: Guangdong: Shenzhen data is updated yearly, averaging 35,390.000 RMB from Dec 1979 (Median) to 2023, with 45 observations. The data reached an all-time high of 195,230.173 RMB in 2023 and a record low of 606.000 RMB in 1979. GDP: per Capita: Guangdong: Shenzhen data remains active status in CEIC and is reported by Shenzhen Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

  7. China CN: GDP: Shandong: Qingdao

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China CN: GDP: Shandong: Qingdao [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city/cn-gdp-shandong-qingdao
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    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2013 - Dec 1, 2024
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    GDP: Shandong: Qingdao data was reported at 1,671.946 RMB bn in 2024. This records an increase from the previous number of 1,597.316 RMB bn for 2023. GDP: Shandong: Qingdao data is updated yearly, averaging 145.070 RMB bn from Dec 1949 (Median) to 2024, with 46 observations. The data reached an all-time high of 1,671.946 RMB bn in 2024 and a record low of 0.287 RMB bn in 1949. GDP: Shandong: Qingdao data remains active status in CEIC and is reported by Qingdao Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City.

  8. Regional gross domestic product: city regions

    • ons.gov.uk
    • cy.ons.gov.uk
    xlsx
    Updated Apr 24, 2024
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    Office for National Statistics (2024). Regional gross domestic product: city regions [Dataset]. https://www.ons.gov.uk/economy/grossdomesticproductgdp/datasets/regionalgrossdomesticproductcityregions
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    xlsxAvailable download formats
    Dataset updated
    Apr 24, 2024
    Dataset provided by
    Office for National Statisticshttp://www.ons.gov.uk/
    License

    Open Government Licence 3.0http://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/
    License information was derived automatically

    Description

    Annual estimates of balanced UK regional gross domestic product (GDP). Current price estimates and chained volume measures for combined authorities and city regions.

  9. U.S. real GDP 2023, by metro area

    • statista.com
    • ai-chatbox.pro
    Updated Jan 29, 2025
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    Statista (2025). U.S. real GDP 2023, by metro area [Dataset]. https://www.statista.com/statistics/248083/real-gross-domestic-product-gdp-of-the-united-states-by-metropolitan-area/
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    Dataset updated
    Jan 29, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2023
    Area covered
    United States
    Description

    The New York-Newark-Jersey City metro area had the highest real GDP in 2023, totaling around 1.91 billion U.S. dollars. The Los Angeles-Long Beach-Anaheim metro area also had a high real GDP of around 1.08 billion dollars. This statistic only contains the top 100 metro areas by real GDP.

  10. China CN: GDP: per Capita: Gansu: Lanzhou

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China CN: GDP: per Capita: Gansu: Lanzhou [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city-per-capita/cn-gdp-per-capita-gansu-lanzhou
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    GDP: per Capita: Gansu: Lanzhou data was reported at 78,894.000 RMB in 2023. This records an increase from the previous number of 75,992.000 RMB for 2022. GDP: per Capita: Gansu: Lanzhou data is updated yearly, averaging 7,196.000 RMB from Dec 1953 (Median) to 2023, with 58 observations. The data reached an all-time high of 78,894.000 RMB in 2023 and a record low of 179.000 RMB in 1953. GDP: per Capita: Gansu: Lanzhou data remains active status in CEIC and is reported by Lanzhou Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

  11. China CN: GDP: per Capita: Anhui: Hefei

    • ceicdata.com
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    CEICdata.com (2025). China CN: GDP: per Capita: Anhui: Hefei [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city-per-capita/cn-gdp-per-capita-anhui-hefei
    Explore at:
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    GDP: per Capita: Anhui: Hefei data was reported at 130,074.000 RMB in 2023. This records an increase from the previous number of 125,798.000 RMB for 2022. GDP: per Capita: Anhui: Hefei data is updated yearly, averaging 50,712.000 RMB from Dec 2000 (Median) to 2023, with 24 observations. The data reached an all-time high of 130,074.000 RMB in 2023 and a record low of 7,654.737 RMB in 2000. GDP: per Capita: Anhui: Hefei data remains active status in CEIC and is reported by Hefei Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

  12. T

    GDP PER CAPITA by Country in ASIA

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 26, 2017
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    TRADING ECONOMICS (2017). GDP PER CAPITA by Country in ASIA [Dataset]. https://tradingeconomics.com/country-list/gdp-per-capita?continent=asia
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    json, csv, xml, excelAvailable download formats
    Dataset updated
    May 26, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    2025
    Area covered
    Asia
    Description

    This dataset provides values for GDP PER CAPITA reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

  13. T

    Mexico GDP per capita

    • tradingeconomics.com
    • id.tradingeconomics.com
    • +13more
    csv, excel, json, xml
    Updated Feb 26, 2025
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    TRADING ECONOMICS (2025). Mexico GDP per capita [Dataset]. https://tradingeconomics.com/mexico/gdp-per-capita
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    csv, excel, xml, jsonAvailable download formats
    Dataset updated
    Feb 26, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2024
    Area covered
    Mexico
    Description

    The Gross Domestic Product per capita in Mexico was last recorded at 10313.49 US dollars in 2024. The GDP per Capita in Mexico is equivalent to 82 percent of the world's average. This dataset provides - Mexico GDP per capita - actual values, historical data, forecast, chart, statistics, economic calendar and news.

  14. T

    Total Quantity Indexes for Real GDP for Kansas City, MO-KS (MSA)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 8, 2020
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    TRADING ECONOMICS (2020). Total Quantity Indexes for Real GDP for Kansas City, MO-KS (MSA) [Dataset]. https://tradingeconomics.com/united-states/total-quantity-indexes-for-real-gdp-for-kansas-city-mo-ks-msa-fed-data.html
    Explore at:
    csv, json, excel, xmlAvailable download formats
    Dataset updated
    Mar 8, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Missouri, Kansas City
    Description

    Total Quantity Indexes for Real GDP for Kansas City, MO-KS (MSA) was 114.25600 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Kansas City, MO-KS (MSA) reached a record high of 115.52700 in January of 2019 and a record low of 83.71500 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Kansas City, MO-KS (MSA) - last updated from the United States Federal Reserve on August of 2025.

  15. U.S. gross domestic product 2024, by state

    • statista.com
    Updated Jul 31, 2025
    + more versions
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    Statista (2025). U.S. gross domestic product 2024, by state [Dataset]. https://www.statista.com/statistics/248023/us-gross-domestic-product-gdp-by-state/
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    Dataset updated
    Jul 31, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    United States
    Description

    The gross domestic product (GDP) of California was about 4.1 trillion U.S. dollars in 2024, meaning that it contributed the most out of any state to the country’s GDP in that year. In contrast, Vermont had the lowest GDP in the United States, with 45.71 billion U.S. dollars. What is GDP? Gross domestic product, or GDP, is the total monetary value of all goods and services produced by an economy within a certain time period. GDP is used by economists to determine the economic health of an area, as well as to determine the size of the economy. GDP can be determined for countries, states and provinces, and metropolitan areas. While GDP is a good measure of the absolute size of a country's economy and economic activity, it does account for many other factors, making it a poor indicator for measuring the cost or standard of living in a country, or for making cross-country comparisons. GDP of the United States The United States has the largest gross domestic product in the world as of 2023, with China, Japan, Germany, and India rounding out the top five. The GDP of the United States has almost quadrupled since 1990, when it was about 5.9 trillion U.S. dollars, to about 25.46 trillion U.S. dollars in 2022.

  16. T

    Total Quantity Indexes for Real GDP for Yuba City, CA (MSA)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Mar 6, 2020
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    TRADING ECONOMICS (2020). Total Quantity Indexes for Real GDP for Yuba City, CA (MSA) [Dataset]. https://tradingeconomics.com/united-states/total-quantity-indexes-for-real-gdp-for-yuba-city-ca-msa-fed-data.html
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    Mar 6, 2020
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Yuba City, California
    Description

    Total Quantity Indexes for Real GDP for Yuba City, CA (MSA) was 114.90900 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Yuba City, CA (MSA) reached a record high of 121.38800 in January of 2019 and a record low of 78.61500 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Yuba City, CA (MSA) - last updated from the United States Federal Reserve on July of 2025.

  17. China CN: GDP: per Capita: Henan: Zhumadian

    • ceicdata.com
    Updated Feb 15, 2025
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    CEICdata.com (2025). China CN: GDP: per Capita: Henan: Zhumadian [Dataset]. https://www.ceicdata.com/en/china/gross-domestic-product-prefecture-level-city-per-capita/cn-gdp-per-capita-henan-zhumadian
    Explore at:
    Dataset updated
    Feb 15, 2025
    Dataset provided by
    CEIC Data
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    China
    Variables measured
    Gross Domestic Product
    Description

    GDP: per Capita: Henan: Zhumadian data was reported at 45,333.000 RMB in 2023. This records a decrease from the previous number of 47,136.000 RMB for 2022. GDP: per Capita: Henan: Zhumadian data is updated yearly, averaging 19,591.723 RMB from Dec 2001 (Median) to 2023, with 23 observations. The data reached an all-time high of 47,136.000 RMB in 2022 and a record low of 3,756.760 RMB in 2001. GDP: per Capita: Henan: Zhumadian data remains active status in CEIC and is reported by Zhumadian Municipal Bureau of Statistics. The data is categorized under China Premium Database’s National Accounts – Table CN.AE: Gross Domestic Product: Prefecture Level City: per Capita.

  18. F

    Gross Domestic Product

    • fred.stlouisfed.org
    • trends.sourcemedium.com
    json
    Updated Jul 30, 2025
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    (2025). Gross Domestic Product [Dataset]. https://fred.stlouisfed.org/series/GDP
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    jsonAvailable download formats
    Dataset updated
    Jul 30, 2025
    License

    https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain

    Description

    View economic output, reported as the nominal value of all new goods and services produced by labor and property located in the U.S.

  19. Leading European cities by GDP in 2021

    • statista.com
    • aurastel.com
    Updated Feb 13, 2025
    + more versions
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    Statista (2025). Leading European cities by GDP in 2021 [Dataset]. https://www.statista.com/statistics/923781/european-cities-by-gdp/
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    Dataset updated
    Feb 13, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    Europe
    Description

    The city of Paris in France had an estimated gross domestic product of 757.6 billion Euros in 2021, the most of any European city. Paris was followed by the spanish capital, Madrid, which had a GDP of 237.5 billion Euros, and the Irish capital, Dublin at 230 billion Euros. Milan, in the prosperous north of Italy, had a GDP of 228.4 billion Euros, 65 billion euros larger than the Italian capital Rome, and was the largest non-capital city in terms of GDP in Europe. The engine of Europe Among European countries, Germany had by far the largest economy, with a gross domestic product of over 4.18 trillion Euros. The United Kingdom or France have been Europe's second largest economy since the 1980s, depending on the year, with forecasts suggesting France will overtake the UK going into the 2020s. Germany however, has been the biggest European economy for some time, with five cities (Munich, Berlin, Hamburg, Stuttgart and Frankfurt) among the 15 largest European cities by GDP. Europe's largest cities In 2023, Moscow was the largest european city, with a population of nearly 12.7 million. Paris was the largest city in western Europe, with a population of over 11 million, while London was Europe's third-largest city at 9.6 million inhabitants.

  20. T

    Total Quantity Indexes for Real GDP for Ocean City, NJ (MSA)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated Jul 27, 2025
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    TRADING ECONOMICS (2025). Total Quantity Indexes for Real GDP for Ocean City, NJ (MSA) [Dataset]. https://tradingeconomics.com/united-states/total-quantity-indexes-for-real-gdp-for-ocean-city-nj-msa-fed-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    Jul 27, 2025
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    New Jersey, Ocean City
    Description

    Total Quantity Indexes for Real GDP for Ocean City, NJ (MSA) was 113.91700 Index 2009=100 in January of 2023, according to the United States Federal Reserve. Historically, Total Quantity Indexes for Real GDP for Ocean City, NJ (MSA) reached a record high of 113.91700 in January of 2023 and a record low of 96.34300 in January of 2001. Trading Economics provides the current actual value, an historical data chart and related indicators for Total Quantity Indexes for Real GDP for Ocean City, NJ (MSA) - last updated from the United States Federal Reserve on July of 2025.

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Statista (2025). U.S. real per capita GDP 2024, by state [Dataset]. https://www.statista.com/statistics/248063/per-capita-us-real-gross-domestic-product-gdp-by-state/
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U.S. real per capita GDP 2024, by state

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16 scholarly articles cite this dataset (View in Google Scholar)
Dataset updated
Aug 1, 2025
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2024
Area covered
United States
Description

Out of all 50 states, New York had the highest per-capita real gross domestic product (GDP) in 2024, at 92,341 U.S. dollars, followed closely by Massachusetts. Mississippi had the lowest per-capita real GDP, at 41,603 U.S. dollars. While not a state, the District of Columbia had a per capita GDP of more than 210,780 U.S. dollars. What is real GDP? A country’s real GDP is a measure that shows the value of the goods and services produced by an economy and is adjusted for inflation. The real GDP of a country helps economists to see the health of a country’s economy and its standard of living. Downturns in GDP growth can indicate financial difficulties, such as the financial crisis of 2008 and 2009, when the U.S. GDP decreased by 2.5 percent. The COVID-19 pandemic had a significant impact on U.S. GDP, shrinking the economy 2.8 percent. The U.S. economy rebounded in 2021, however, growing by nearly six percent. Why real GDP per capita matters Real GDP per capita takes the GDP of a country, state, or metropolitan area and divides it by the number of people in that area. Some argue that per-capita GDP is more important than the GDP of a country, as it is a good indicator of whether or not the country’s population is getting wealthier, thus increasing the standard of living in that area. The best measure of standard of living when comparing across countries is thought to be GDP per capita at purchasing power parity (PPP) which uses the prices of specific goods to compare the absolute purchasing power of a countries currency.

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