Question

A country’s gross domestic product divided by its population is known as __________.

Answer 1

its GDP per capita.

Capita is Latin for "head".
So essentially, "Growth domestic product for each head - or each person."

Answer 2

GDP per capita.

Step-by-step explanation:

When the gross domestic product is divided by the population size, we attain the GDP per capita, which means that we get to know how much of the money the country has would each citizen have if it were distributed equally among all the population. This is a good measurement to make comparisons among countries, because since there is a difference in population size and in GDP, having a number per capita makes the comparison a bit more fair.