Republic of uzbekistan andijan machine-building institute fundamentals of business management


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Gross Domestic Product (GDP) 
Economic growth depends on the stability of production and services in the economic system. Just as 
there are different ways to measure your personal growth, there are different ways to measure economic 
growth. can be applied. One such way to determine the state of the economy is to compare production 
results from year to year. The state collects information from producers and calculates the national 
production. One of the most widely used methods is the measurement of gross domestic product. Gross 
domestic product or GDP is the sum of all products produced or services provided in the country during 
the year. 
CIA World Factbook 
What is the highest GDP per capita country? and the worst? Section 2 
Economic activity 
Features of YIM: 
Work as a team 
The country's GDP is the sum total of information about the country's economic production. When 
calculating the economic development of the nation, make a list of obstacles using only the results of 
the GDP as a team. Which aspects of economic growth are reflected in the country's GDP can not find 
the opposite? 
Comparison of GDP 
It has been proven that the more products and services are produced, the healthier the economy will be. 
Looking at the monetary unit of GDP as a measurement unit of the economy does not give us complete 
information. 
Another way to measure economic growth is the ratio of GDP per capita or the ratio of manufactured 
goods to the population. GDP per capita is determined by the ratio of GDP to the population of the 
country. For example, compared to last year, this year's GDP there was no change in. It should be 
assumed that the population has increased. The same amount of product must now be divided by a 
larger population. 


An increase in GDP per capita indicates the growth of the economy, while its decrease indicates that 
the economy is facing difficulties. 
Which economic activities are not included in GDP? 
CALCULATION OF GROSS DOMESTIC PRODUCT 
Country 
Canada 
USA 
CHINA 
Area (sq km) 
9,984,670 
9,826,675 
9,596,961 
Population 
33,212,696 
303,824,640 
1,330,044,544 
YIM 
1,285,000,000,000 
14,260,000,000,000 
8,789,000,000,000 
GDP per 
capita 
38,690 
46,935 
6,608 
How did this table help you calculate GDP per capita? 

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