Gross domestic product

Money


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The Gross domestic product (GDP) reflects the total value of all goods produced within a calendar year, by a single economy and after the deduction of its intermediate consumption. When speaking of GDP per capita, this value is divided by the number of inhabitants of a country and thus serves as a primary indicator of prosperity. The world GDP per capita statistics of 2014 indicate that the USA hold the 10th rank and are thus one of the wealthiest nations in the world.

Comments

 
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