LF113 - b - GDP/capita (LUISA Platform REF2014)

Gross domestic product (GDP) is defined by the Organisation for Economic Co-operation and Development (OECD) as standard measure of the value of final goods and services produced by a country during a period minus the value of imports. The projected GDP in Million EUR for the EU-28 Member States was extracted from GEM-E3 model and disaggregated at NUTS 2 level. The GDP per capita is the country or regional total annual projected GDP derived from GEM-E3 divided by the total annual projected population from EUROPOP2010. The higher the value of the indicator, the higher the productivity per person. The indicator is given in million euros per capita (person).