GBPp
GBPp, or GBP per person, is a metric used to compare the economic performance of different countries by dividing the national income or GDP by the population. It is often used to assess the standard of living and economic well-being of a country's citizens. This metric is particularly useful for comparing countries with different population sizes, as it normalizes the economic data to a per capita basis.
The GBPp can be calculated using the formula:
GBPp = GDP / Population
Where GDP is the gross domestic product of the country, and Population is the total number of
Countries with higher GBPp values generally have a higher standard of living, as they have more economic
It is important to note that GBPp is just one of many indicators used to assess a
In summary, GBPp is a useful metric for comparing the economic performance of countries on a per