GDP per capita is a measure of a country’s standard of living.
✓ TRUE FACT
GDP per capita is simply GDP ÷ population, often expressed in dollars per person per year. Example: if a country produces $500B of GDP with 50M people, that’s $10,000 GDP per capita—useful for comparisons, though it doesn’t capture inequality or cost of living.
🤯 "GDP per capita is a measure of a country’s standard of living. Unless you’re the one bringing the average down."