El nivel de ingreso se aproxima con el PIB en dólares contantes en términos per cápita y en niveles.

[Nightyume]

So as the title says, the phrase is

El nivel de ingreso se aproxima con el PIB en dólares contantes en términos per cápita y en niveles.

So the difficulty here for me is "niveles". I am not quite sure what it refers to. The only thing that occurs to me is "price levels".

I feel just translating it as "levels would be a skosh too vague in English.

The phrase is repeated a few times but either verbatim, or just adding values "el crecimiento debió ser 0.92% en términos per cápita y 3.03% en niveles." So not enough for me to deduce an exact meaning, only an implicit one.

It is a text talking about estimating economic growth using Thirwall's Law so highly technical and stuff.

Anyways, any insight is appreciated.

Thanks in advance =)

 

[Joe Esquire]

It is referring to GDP in constant dollars, on a per capita basis, as well as total output.

Regards,

je

 

[Nightyume]

Hi. Thanks so much. So just to verify, "niveles" is referring to total output levels then?

 

[Joe Esquire]

Correct, you can measure GDP on a per capita basis or as total output.

Regards,

je