Question

what is percapita income​

Answer 1

Answer:

percapita income-

Per capita income is the average income of individuals living in a country, state, city, or other region. It is estimated by dividing the sum of the incomes of all the people living in that area by the total population of the area. Per capita income is an important index of different countries' living standards. It is one of the three numbers included in the Human Development Index. In informal parlance, per capita income is also called average income, and usually if the average income of one nation is higher than that of another, then the first nation is considered to be more prosperous and prosperous than the second.