gnp per capita

English - English

Definition of gnp per capita in English English dictionary

The gross national product (see below) divided by the population This is a measure of the productive capacity of the workers in an economy, but is sometimes used as a rough estimate of average income per person

The dollar value of a country's final output of goods and services in a year (its GNP), divided by its population It reflects the average income of a country's citizens Knowing a country's GNP per capita is a good first step toward understanding the country's economic strengths and needs Note: Please see the Change in Terminology web page

Gross National Product divided by population; generally seen as total value divided by population; this is the amount available if wealth distributed equally

Hyphenation

GNP per cap·i·ta