Question

Why is per capita income of different countries calculated in dollars

Answer 1

Answer: Dollar is the base currency for all export and import pricing. 4.The common currency system taking dollar as the base was devised to bring an homogeneity for studying the GDP of all countries with the same base. Henceforth the per capita income of all the countries are represented in Dollars.

Answer 2

per capita income of different countries is calculated in dollar because

dollar is a standard firm of international currency

it the world wide used currency

per capita of income is estimated in tis own currency then it is converted to dollar