Global GDP per capita decreased by an average of ... and GDP Per Capita Annual Growth Rate.” Federal Reserve Economic Data (FRED), Federal Reserve Bank of St. Louis. “Real Gross Domestic ...

GDP measures all final goods/services produced in a defined area, adjusted for inflation to show real growth ... for an annual rate, so we annualize it using the following formula: g₍annual ...

Growth rates are used to express the annual ... to the formula above, takes the difference between the current and prior GDP level and divides that by the prior GDP level. The real economic ...