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For example if the gdp per capita of a country in 2018 is 20 000 and in 2019 it is 22 000 the equation would be 22000 20000 20000 100 10 growth rate. To calculate the growth rate of real gdp per person real gdp per capita you would take the real gdp per capita for later year real gdp per capita fo…

Nominal gdp differs from real gdp in that it does not account for the effects of inflation or deflation. The chart below provides the us gdp per capita data from 1980 to 2020. Handling Data Difference Between Nominal And Economics Tutor2u For example real gdp was 19 073 trillion in 2019. Real g…