It's really easy. Just have everyone sell everything and go into debt. Net worth drops, GDP goes to the moon.
GDP is the movement of money, not the wealth of anyone so you can have greater wealth with lower GDP if people end up accumulating weather and not spending it, or a higher GDP and lower wealth if people spend all their wealth (particularly on consumable garbage from china)
GDP is the movement of money, not the wealth of anyone so you can have greater wealth with lower GDP if people end up accumulating weather and not spending it, or a higher GDP and lower wealth if people spend all their wealth (particularly on consumable garbage from china)
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If you think about it, you feel richer while you rack up debt because you can get whatever you want, but when you pay back debt and rack up savings you feel poor because you can't get the things you want, but the one activity makes you poorer and the other makes you richer. A surprising number of millionaires drive 10 year old Toyotas.