How to Calculate Gdp Growth Rate per Capita

GDP Growth Rate Per Capita Calculator

This calculator helps you determine the annual growth rate of GDP per capita for a country or region. GDP per capita is a measure of a country's economic output that accounts for its number of people. It is calculated by dividing the country's gross domestic product by its total population. A rising GDP per capita indicates that the economy is growing at a faster rate than the population, suggesting an improvement in the average standard of living. Conversely, a falling GDP per capita might signal economic stagnation or a population growing faster than the economy.

To calculate the GDP growth rate per capita, you need two key pieces of information for two consecutive years:

  • GDP per Capita (Year 1): The gross domestic product per person in the earlier year.
  • GDP per Capita (Year 2): The gross domestic product per person in the later year.

The formula used is: ((GDP per Capita Year 2 – GDP per Capita Year 1) / GDP per Capita Year 1) * 100

function calculateGdpGrowthRatePerCapita() { var gdpPerCapitaYear1 = parseFloat(document.getElementById("gdpPerCapitaYear1").value); var gdpPerCapitaYear2 = parseFloat(document.getElementById("gdpPerCapitaYear2").value); var resultDiv = document.getElementById("result"); if (isNaN(gdpPerCapitaYear1) || isNaN(gdpPerCapitaYear2)) { resultDiv.innerHTML = "Please enter valid numbers for both GDP per capita values."; return; } if (gdpPerCapitaYear1 === 0) { resultDiv.innerHTML = "GDP per Capita (Year 1) cannot be zero for this calculation."; return; } var growthRate = ((gdpPerCapitaYear2 – gdpPerCapitaYear1) / gdpPerCapitaYear1) * 100; resultDiv.innerHTML = "GDP Growth Rate Per Capita: " + growthRate.toFixed(2) + "%"; } .calculator-container { font-family: sans-serif; max-width: 600px; margin: 20px auto; padding: 20px; border: 1px solid #ddd; border-radius: 8px; box-shadow: 0 2px 5px rgba(0,0,0,0.1); } .calculator-container h2 { text-align: center; margin-bottom: 15px; color: #333; } .calculator-container p { line-height: 1.6; margin-bottom: 20px; color: #555; } .calculator-container ul { margin-bottom: 20px; color: #555; } .calculator-container li { margin-bottom: 8px; } .calculator-inputs { display: grid; grid-template-columns: repeat(auto-fit, minmax(250px, 1fr)); gap: 15px; margin-bottom: 20px; } .input-group { display: flex; flex-direction: column; } .input-group label { margin-bottom: 5px; font-weight: bold; color: #444; } .input-group input { padding: 10px; border: 1px solid #ccc; border-radius: 4px; font-size: 1rem; } .calculator-inputs button { padding: 12px 20px; background-color: #007bff; color: white; border: none; border-radius: 4px; cursor: pointer; font-size: 1.1rem; transition: background-color 0.3s ease; grid-column: 1 / -1; /* Make button span across all columns */ } .calculator-inputs button:hover { background-color: #0056b3; } .calculator-result { margin-top: 20px; padding: 15px; background-color: #e9ecef; border: 1px solid #ced4da; border-radius: 4px; text-align: center; font-size: 1.2rem; color: #333; } .calculator-result strong { color: #28a745; }

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