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Use the following information to answer the question: Gross Domestic Produc...

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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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