Question

Suppose the gdp in country is $450 million and the population of that country is 150 million . What is the per capita gdp of that country

Answer 1

If the GDP is $450 million and the population of that country is 150 million then the per capita GDP of that country is $ 3.

Explanation:

The GDP of the country = $ 450 million

The population of the country = 150 million

• The GDP per capita of a country is defined as the gross domestic product per person of that country.  

• The formula for per capita GDP is given as = [Gross Domestic Product] / [Population of the country]

Now, substituting the values in the formula, we get

Per capita GDP = [$ 450 million] / [150 million] = $ 3  

Thus, the per capita GDP of that country is $ 3.

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