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Education in States and Nations: 1991

(ESN) Indicator 4: GDP/GSP per capita

Gross domestic product (GDP) is an aggregate measure of the value of goods and services produced in a country. Gross state product (GSP) is the analogous measure for U.S. states. Gross product is a measure of a country's or state's productive capacity or wealth. Countries or states with equal GDP/GSPs can have very different numbers of inhabitants, however. GDP/GSP per capita provides a measure of the resources available to a country or state relative to the size of its population. Countries or states with large gross products per capita generally are better able to provide educational services for their residents.

Table 3b Background Indicators Figure 4