Technically GDP is just a measure of cash flow. So how much the government, private business and individuals spend all dumped together with all spending on imports subtracted. High GDP means lots of money changing hands but doesn’t necessarily care who’s hands, just that money is flowing.
*Country with the richest persons living in it
Technically GDP is just a measure of cash flow. So how much the government, private business and individuals spend all dumped together with all spending on imports subtracted. High GDP means lots of money changing hands but doesn’t necessarily care who’s hands, just that money is flowing.