what is per capita income
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per capita income average income measures the average earned per person in a given area (city,region, country,etc) in a specified year.it is calculated by dividing the areas total income by its total population
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Per Capita :- Per capita is the average income earned by a person in a given area.
✦ It is calculated by dividing the total area's income by its total population.
✦ It is called Per Capita GDP
✦ GDP- Gross domestic product
✦ It is used to compare the relative performance of all countries
<> [ The picture shows the Per Capita GDP development of top 10 states in 2016 ]
hope helped!
Looks like I can help you
=============================================
Per Capita :- Per capita is the average income earned by a person in a given area.
✦ It is calculated by dividing the total area's income by its total population.
✦ It is called Per Capita GDP
✦ GDP- Gross domestic product
✦ It is used to compare the relative performance of all countries
<> [ The picture shows the Per Capita GDP development of top 10 states in 2016 ]
hope helped!
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