What is per capital income

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What is per capital income

Posted by Aryan Maurya 7 years, 4 months ago

CBSE > Class 10 > Social Science

3 answers

Kannu Kranti Yadav 7 years, 4 months ago

Per capita income is the average income of a country.it is total national income/ total population.it is used as a measure to check the development of a country.

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Ekansh Singh 7 years, 4 months ago

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.It's also known as medium income.

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Surendrapal Singh Singh Gaur 7 years, 4 months ago

Per capita income indicates the income of all the citizens of the country. When we divide the national income of the country by its total population we get the per capita income or average income.

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