It is often used as an apples-to-apples comparison between countries ... countries. To calculate per capita, take the number you are interested in (e.g., a country’s GDP) and divide it by ...
By Richmond Kwame FRIMPONGThe trade-to-GDP ratio measures the relative importance of international trade in the economy of a country. As a percentage metric, it is calculated by dividing the aggregate ...
If there is a large discrepancy between a nation’s real GDP and nominal GDP, this may be an indicator of significant inflation or deflation in its economy. GDP Per Capita GDP per capita is a ...