There's more than one way to use GDP. I think that, for describing standard of living, median GDP would be better than average GDP (= GDP per capita). Averages

There's more than one way to use GDP. I think that, for describing standard of living, median GDP would be better than average GDP (= GDP per capita). Averages are sensitive to outlier performance. This is important when the distribution follows a power law, as in the case of wealth distribution.