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Gross domestic product is a financial measure of the market value of all the goods and services produced in a particular period.
Nominal GDP can be used to compare national economies on the international market. At the same time, Gross Domestic Product per capita at purchasing power parity is more useful comparing living standards between countries.
The chart below shows the distribution of GDP by countries of the world.
The map (2020) below shows countries and territories with a higher GDP per capita than the world average ($10500); 34.2% of the human population lives in these areas.
