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15 December, 06:15

Ethiopia has a GDP of $8 billion (measured in U. S. dollars) and a population of 55 million.

Costa Rica has a GDP of $9 billion (measured in U. S. dollars) and a population of 4 million.

Calculate per person GDP for each country.

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  1. 15 December, 06:26
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    Ethiopia = $146; Costa Rica = $2,250

    Explanation:

    The GDP per person, also known as GDP per capita is a very simple formula:

    GDP Per Capita = Country's GDP / Country's Population

    A) Ethiopia GDP Per Capita = $8,000,000,000 / 55,000,000

    = $146

    B) Costa Rica GDP Per Capita = $9,000,000,000 / 4,000,000

    = $2,250
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