Final answer:
Per capita Gross Domestic Product (GDP) is a measure of a country's average national wealth per person. It is calculated by dividing the country's GDP by its population.
Step-by-step explanation:
Per capita Gross Domestic Product (GDP) is a measure of a country's average national wealth per person. It is calculated by dividing the country's GDP by its population. The formula for calculating per capita GDP is:
GDP per capita = GDP/population
This measure is commonly used to compare the standards of living and economic health of different countries. It helps to determine a country's productivity and performance, and a rise in per capita GDP generally indicates economic growth.