gdp per capita definition
GDP per capita is a measure of average income per person in a country. 1  GDP stands for Gross domestic product. 2  This measure National income / National Output and National expenditure. 3  GDP per capita divides the GDP by the population.4  Real GDP per capita takes into account inflation. GDP stands for Gross domestic product. 2  This measure National income / National Output and National expenditure. 3  GDP per capita divides the GDP by the population. 4  Real GDP per capita takes into account inflation.