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Real GDP is the measure of the value of the economic goods and services produced in a country for a year. It is calculated by dividing the gross domestic product (GDP) in dollar terms by the number of people living in a country. The Real GDP per capita measure is an international standard for comparing countries.

Real GDP is basically the income and/or value added of a country or its economy as compared to that of other countries in a particular year. It takes into consideration the current market value of the country's assets and liabilities and its domestic output, consumption, investments, government revenue, and external financing.

Real GDP per capita is the ratio of the real GDP per capita and the total population of a country. This measure compares the income of a country with that of another country. It is also known as the per capita disposable income, as it takes into account the expenditure of the population. The concept of GDP per capita is based on a formula used by the Organization of Economic Cooperation and Development (OECD) in order to calculate this measure.

This index is also referred to as purchasing power parities (PPP), national income, and national income per capita. The PPP refers to the ability of a country to buy the same in United States of America without any limitations as compared to the actual market price of the commodities produced in that country.

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This measure is calculated by dividing the GDP in the currency of a country by its population. The GDP per capita can also be referred to as purchasing power parities (PPP) or national income per capita.

Real GDP per capita, which includes the value of goods and services produced in a country or in the territories of countries, is the measure of the economic performance of a nation. This measure is considered as an indicator of the performance of a country's economy and its political, social, and cultural environment.

Real GDP per capita of a nation is measured according to the value of production of goods and services as well as of income produced by labor in the economy of a nation. The output refers to the value of production, while the income refers to the production of income obtained from capital and labor.

This index is mainly used for planning purposes of a country and the development of its economy. This is a common tool used by countries of the world to help them decide on the budget of the country. This also helps in the determination of the level of debt and budget of the country.

The value of production of a nation is directly related to the Gross Domestic Product of that country and is measured as per the value of output. While the level of income of a nation is directly related to the gross national income of that nation.

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