Examining the real GDP per capita in different countries allows economists to compare "standards of living" in different parts of the world.
Real GDP per is utilized to look at the way of life amongst nations. GDP is Gross domestic product, the total national output, the aggregate economy of a nation, i.e., the measure of cash a nation makes. Gross domestic product per capita is the aggregate output divided by the quantity of individuals in the populace, so you can get a figure of the normal output of every individual, i.e., the normal measure of cash every individual makes.