Yes USA is rich but nation is poor, kindly see the below article which makes you clear why Qatar us richest in the world since couple of years and even in 2015. Please also note unemployment factor in USA is 9% and in Qatar o.5 %.
Yes as per GPD per capita per sine Qatar is no one richest Country in the world. Pls also note the terms GDI and GDP which also very important to understand. GDP is also related to spending and GDI is related to earnings.
Article..........
For a lot of reasons, we need to measure our nation’s economic state and when trying to determine a nation’s economic performance, the term GDP is often encountered or used. GDP, which stands for Gross Domestic Product, is a measure describing the value of a countryÃs economy. Despite plenty of criticisms from respected authorities in economy, GDP is still the most popular method to indicate a country’s economic state.
GDP vs GDP per Capita
Yes USA is rich but nation is poor, kindly see the below article which makes you clear why Qatar us richest in the world since couple of years and even in 2015. Please also note unemployment factor in USA is 9% and in Qatar o.5 %.
Yes as per GPD per capita per sine Qatar is no one richest Country in the world. Pls also note the terms GDI and GDP which also very important to understand. GDP is also related to spending and GDI is related to earnings.
Article..........
For a lot of reasons, we need to measure our nation’s economic state and when trying to determine a nation’s economic performance, the term GDP is often encountered or used. GDP, which stands for Gross Domestic Product, is a measure describing the value of a countryÃs economy. Despite plenty of criticisms from respected authorities in economy, GDP is still the most popular method to indicate a country’s economic state.
Read more: Difference Between GDP and GDP per Capita | Difference Between | GDP vs GDP per Capita http://www.differencebetween.net/business/difference-between-gdp-and-gdp...