Per Capita Income Meaning In English
Per capita simply means per person.
Per capita income meaning in english. En per capita personal income in 2004 was 31 339 25th in the nation. Per capita income the amount of income in an area divided by the number of persons in that area. Per capita is also an adverb. Definition of per capita from the cambridge business english dictionary cambridge university press examples of per capita.
Meaning of per capita income. The dictionary merriam webster says that records of the term used in the english language date back to 17th century england. They have the world s largest per capita income. The economic term income per capita or per capita income measures.
What does per capita income mean. While the country s gdp rose 46 per capita from 1980 the average family income rose only 9 5. What is income per capita. If you state an amount per capita you mean that amount for each person.
Per capita income pci or average income measures the average income earned per person in a given area city region country etc in a specified year. Information and translations of per capita income in the most comprehensive dictionary definitions resource on the web. The total income of an area or country divided by the number of people in that area or country per capita incomes have grown and grown. The per capita amount of something is the total amount of it in a country or area divided by the number of people in that country or area.
While commonly used in relation to economic or statistical data or reporting the term can be found in virtually any type of description that includes populations. Wikimatrix te తలసర వ యక త గత ఆద య 2004ల 31 339గ ఉ డ ద శ ల 25వ స థ న ల ఉ ద. It is calculated by dividing the area s total income by its total population. Want to thank tfd for its existence.
This is in essence the average income in the area. 2003 2012 princeton university farlex inc. Per capita income is national income divided by population size. Enrich your vocabulary with the english definition dictionary.
The term is commonly used in economics statistics and human geography. Per capita definition in english dictionary per capita meaning synonyms see also capital capitate capias capitally.