Question

what is per capita income???​

Answer 1

Answer:

Per capita income or average income measures the average income earned per person in a given area in a specified year. It is calculated by dividing the area's total income by its total population. Per capita income is national income divided by population size.

Answer 2

Hi friend_______,

★ Per Capita Income (PCI) or output per person is an indicator to show the living standard of people in a country.

★ It is obtained by dividing the national income by the population of a country.

$\boxed { \rm \: Per\: Capita\: Income = \rm \frac{National \:Income}{Population}}$

I hope it would be helpful to you..