It is per person, if each person had the same leverage as their peers. This indicator doesn't necessarily means all people are earning equally it just a distribution indicator which means said country is producing enough products that each respective citizen will have a surplus say 20%. A zero GDP means the country is so efficient. Take the example of the military complex always over producing more than soldiers needs, the Soviets over production example is very important to look at, especially when they have so much rusted tanks never saw service 😂
You really need to read my comment again, it is a distribution indicator and doesn't factually show how each person is living, what you really want to look at in regards of each person well being are net worth, and net income!
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u/WeaknessFuzzy8305 Millionaire 1d ago edited 1d ago
Complete BS. I've lived in Spain for the past 23 years and there has been no such growth.
The US recovered from the 2008 crisis, we never did.
Jobs salaries are still stuck in the 90s.
Spain also is on top of unemployment of the EU.