Question

What is Per Capita Income?​

Answer 1

Per capita income is a measure of the amount of money earned per person in a nation or geographic region. Per capita income can be used to determine the average per-person income for an area and to evaluate the standard of living and quality of life of the population.

Hope this helps! :)

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..