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In early 2022, the GDP per capita of the United States was $59,312. How does this compare with Guatemala?

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User TrnKh
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2 Answers

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US$86 billion and US$5,025
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User Dmitrii
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As of 2022, the GDP per capita of the United States is $59,312 while that of Guatemala is $4,392. Therefore, the GDP per capita of the United States is much higher than that of Guatemala. This difference is largely due to the difference in economic development, industrialization, and infrastructure between the two countries.GDP per capita is a measure of the economic output of a country divided by the total number of people in the country. It is a useful indicator of a country's economic health and standard of living. The higher the GDP per capita, the better the standard of living in the country. The lower the GDP per capita, the lower the standard of living and the more difficult it may be for people to access basic needs such as food, housing, and healthcare.

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User Sandrine
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