GDP, or gross domestic product, is an economic indicator of the wealth produced per year in a given country.
This indicator represents the total added value of goods and services produced within the national territory. It is used to measure a country's economic growth.
The ratio of GDP per capita is used to measure the standard of living for residents.
Growth of GDP per capita in France. This indicator shows the growth of the standard of living in France, despite declines during the two world wars and the 1929 crisis. © Gedefr, Wikimedia CC by-sa 3.0