January 7, 2025January 7, 2025 by Capchase Fintech

GDP – Gross Domestic Product

-The total value of everything produced in a country. Or the total income of a country.

How can we calculate GDP

– Adding up the value of any thing that is produced in a country (Goods and Services) anything bought in a household, All expenditure by government, Exports, Investments in business as per records.

OR

– Adding up all the wages(salaries) and the profits(in case of companies)

Once we divide the GDP with the Population we get the Per Capita Income.

India GDP – $ 3.7 Trillion
Per Capita – $ 2590 approx

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