How To Find Real Gdp Per Capita

But although simple the formula might depend on the information you have available.

How to find real gdp per capita. Step 1 one needs to first calculate nominal gdp either by using income method expenditure method or production method. The united states had 20 trillion in gross domestic product in 2015. Gross domestic productpopulation gdp per capita. The formula for gdp per capita is quite simple and it can be derived by dividing the real gdp of a country by its population.

Mathematically it is represented as start your free investment banking course. For example the gdp for the united states in 2014 was 16768 trillion. To calculate gdp per capita divide the nations gross domestic product by its population. N d c real gdp per capita the best way to calculate real gdp per capita for the united states is to use the real gdp estimates already published by the bureau of economic analysis.

Additionally there were 300 million people living in the country in 2015. Gdp is typically figured for periods such as one year or one quarter. The calculation of real gdp per capita will be done by using the below steps. Here are two ways you can calculate real gdp per capita.

Download corporate valuation investment banking accounting cfa calculator others. Step 2 find out the deflator which shall be provided by the government of that economy step 3.