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Use the following information to answer the question:
Gross Domestic Production
|
Population
| ||
2019
|
2020
|
2019
|
2020
|
448 billion
|
432 billion
|
201 Million
|
206 million
|
Gross Domestic Product (GDP) per capita is one of the economic indicators used to measure the performance of an economy and is commonly used as a broad measure of average living standards or economic wellbeing. GDP per capita equals gross domestic product divided by population. What is the growth rate in GDP per capita from 2019 to 2020? Round to two decimals.
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