Income Per Capita

Income Per Capita
A measure of the amount of money that is being earned per person in a certain area. Income per capita can apply to the average per-person income for a city, region or country and is used as a means of evaluating the living conditions and quality of life in different areas. It can be calculated for a country by dividing the country's national income by its population.

Because per-capita income is the overall income of a population divided by the number of people included in the population, it does not always give an accurate representation of the quality of life due to the function's inability to account for skewed data. For instance, if there is an area where 50 people are making $1 million per year and 1,000 people making $100 per year the per capita income is $47,714, but that does not give a true picture of the living conditions of the entire population.


Investment dictionary. . 2012.

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  • per-capita income — ➔ income …   Financial and business terms

  • per capita — per cap•i•ta [[t]pər ˈkæp ɪ tə[/t]] adj. adv. by or for each individual person: income per capita[/ex] • Etymology: 1675–85; < L: lit., by heads …   From formal English to slang

  • per capita — /pə kæpɪtə/ adjective, adverb for each person ♦ average income per capita or per capita income average income of one person …   Dictionary of banking and finance

  • per capita — adverb or adjective Etymology: Medieval Latin, by heads Date: 1682 1. equally to each individual 2. per unit of population ; by or for each person < the highest income per capita of any state in the union > …   New Collegiate Dictionary

  • per capita — /peuhr kap i teuh/ 1. by or for each individual person: income per capita. 2. Law. noting or pertaining to a method of dividing an estate by which all those equally related to the decedent take equal shares individually without regard to the… …   Universalium

  • Per capita income — means how much each individual receives, in monetary terms, of the yearly income generated in the country. This is what each citizen is to receive if the yearly national income is divided equally among everyone. Per capita income is usually… …   Wikipedia

  • per capita — per cap‧i‧ta [pə ˈkæptə ǁ pər ] adverb ECONOMICS for or by each person: • Japanese visitors spending per capita was much higher than average spending by tourists from other countries. • The US uses twice as much oil per capita as European… …   Financial and business terms

  • Per capita — is a Latin phrase meaning for each head with Per meaning through or by ...and... capita (sg.: caput) meaning heads . Both words together equate to the phrase for each head .It is usually used in the field of statistics to indicate the average per …   Wikipedia

  • per-capita — per cap‧i‧ta [pə ˈkæptə ǁ pər ] adverb ECONOMICS for or by each person: • Japanese visitors spending per capita was much higher than average spending by tourists from other countries. • The US uses twice as much oil per capita as European… …   Financial and business terms

  • per capita — per cap|i|ta [ pər kæpıtə ] adjective FORMAL based on calculations that show the average amount for each person affected: a rise in per capita income ╾ per cap|i|ta adverb: Britain spends more per capita on defense than many other European… …   Usage of the words and phrases in modern English

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