Jornal de Economia Global

New Method of Quantifying Economic Performance

Abstract

Priyamukh Panalal

Kupri Index of a country is defined as its GDP in USD per 1,000 person per 1,000 km2 of land. When Kupri Index of 194 countries is calculated, it gave astonishing results. Kupri Index of different categories of countries are analyzed and the conclusion is drawn: The following countries have much better economic performance then the (1)countries which are not in the list of first 10 countries with highest GDP, first 10 countries with highest "Total Individual Wealth", G7 countries, G20 countries and BRICS countries. (2) The Countries with population density more than that of India (409). (3) Countries with area less than 3,000 km2. (4) Countries with low GDP. (5) Kupri Index gives much clear picture of country's economic performance.