Real GDP per employed person (in 1990 US$)
This indicator is calculated dividing the gross domestic product (GDP) in real terms by the total number of employed persons in a given economy. It represents the total volume of output (measured in terms of GDP) achieved per unit of labour (measured in terms of employed persons), and it provides an indication of labour productivity. According to the System of National Accounts (SNA), GDP is equal to the value of all goods and services produced in the economy (i.e., output) less the value of all goods and services used in the production processes (i.e., intermediate consumption). The GDP is the main measure of national output for a given country's economy. It is the total value of all final goods and services produced in a particular economy in a given year.
52,849.00