Why Is GDP Per Capita A Better Measure Than GDP? GDP per capita is a measure that results from GDP divided by the size of the nation’s overall population. So in essence, it is theoretically the amount of money that each individual gets in that particular country. The GDP per capita provides a much better
Is Malaysia A Low Income Country? According to the World Bank’s Human Capital Index, Malaysia ranks 55th out of 157 countries. … As an upper middle-income country Malaysia is both a contributor to the development of low- and middle-income countries, and a beneficiary of global experience in its own journey towards high-income and developed nation
Is Hong Kong A High Income Country? Hong Kong (China) ranks 13th among the 50 high-income economies. Hong Kong (China) ranks 13th among the 129 economies featured in the GII 2019. Why Hong Kong is so rich? Being an international finance centre, the city is able to generate more wealth for its residents, said Joseph