what is per capita national income?
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Explanation:
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. It is calculated by dividing the area's total income by its total population.
Answered by
1
Answer:
Per capita income or average income is the average amount of money a person gets in a year. It is found by dividing the amount of money in an area by the number of people living there. Per capita income is often used to measure an area's average income. The currency used is often the Europe or the United states dollar as they are widely used Inter currencies.
Top 10 countries has the highest per capita income.
1)- Luxembourg
2)Switzerland
3)-Norway
4)Iceland
5)- Ireland
6)- Qatar
7)- United states
8)- Singapore
9)- Denmark
10)- Australia
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