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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 reported in units of currency per year. When comparing nations per capita income reflects gross national product per person, but it is also used to compare municipalities within nations. When determining the per capita income of a community, the total personal income is divided by the population. Per capita income as a measure of wealthPer capita income is often used as a measure of the wealth of the population of a nation, particularly in comparison to other Particularly when comparing countries with substantially different levels of wealth, however, it has several weaknesses as a measurement. Economic activity that does not result in monetary income, such as services provided within the family, or for barter, are usually not counted. The importance of these services will vary widely between different economies, both between countries and among different groups within a country. Per capita income gives no indication of the distribution of that income within the country, so a small wealthy class can increase the measured per-capita income far above that of the majority of the population. As for the per capita income of the majority of the population, using the median income or Amartya Sen's welfare function is the more appropriate approach. Differing currency exchange rates between countries mean that a given amount of money (for example, one US dollar) has differing values in different places. From Wikipedia under the
GNU Free Documentation License Why did the Philippines reached the highest Per Capita Income this year as monitored by international expert ? Q. Just want to verify the accuracy of what I read in the international economic magazine, the Economic Review. Asked by jommoj - Sun Dec 9 23:09:01 2007 - - 2 Answers - 0 Comments A. Per capita income means how much each individual receives, in monetary terms, of the yearly income that is generated in their country through productive activities. That is what each citizen would receive if the yearly income generated by a country from its productive activities were divided equally among everyone. The keyword is "income". It means more people are being productive and earning more money this year than the past years. Answered by nyxx777 - Tue Dec 11 11:42:11 2007 Why is the per capita income of the Dominican Republic $10,000 and only $1,500 in Haiti? Q. They share an island, but there's a huge difference between the two. DR is way more developed and democratic while most of Haiti is extremely poor. Why is this? Asked by Rev Run - Fri Nov 23 18:51:16 2007 - - 4 Answers - 0 Comments A. In part, the DR is easier to "sell" as a tourism destination than Haiti. This is because the DR has Spanish influence. It is believed by some that Christopher Columbus was buried there. Also, there are some really nice architectures from the time of the Spanish Conquest. Haiti has none of these. Also, it's easier to sell the DR to Latin America and US because many Spanish speaking people can travel to this place and talk their language and get by. When it comes to Haiti, French/Creole makes the stay a little more cumbersome than in the DR, plus the infrastructure to compensate this hindrance is not very effective. As a result, all these elements in DR create more jobs, and better paying jobs than in Haiti. Hence, per capita income… [cont.] Answered by Frank V - Fri Nov 23 19:02:59 2007 What is the per capita income in Mexico?
Q. i need it for a school paper. just if you randomly know Asked by iamadancinghobo - Mon Jan 12 19:59:20 2009 - - 2 Answers - 0 Comments A. The per capita income is much higher than 9,000, Dlls, It's actually more like 12, 400 DLLS. The 30 % reduction that the other answerer is referring to may lead him to give you the amount of dollars once you take 30% from 12,400. Dlls, but that's a considerable mistake to make. Even two to three days after the devaluation of the Mexican peso, wages increased to cover the mor appropriate cost of living that MExicans were used to with the original amount of dollars. When a country like Mexico depends so much on another country like the US, the currency for all practical purposes is the same. Meaning that while Mexico has it's own currency, it's only a matter of time before the consumer price Index of Mexico gets you the same amount goods… [cont.] Answered by The Ghost - Tue Jan 13 03:27:18 2009 From Yahoo Answer Search: "Per capita income"  news.google.com China Daily China's per capita GDP ranks 96th in the world and is less than a seventh of that in the US. At least 150 million Chinese are still living under the global ... Many Americans see 'Chinese century': poll The Nation, Pakistan all 18 news articles » news.google.com San Antonio Express In the report, she said Texas has a higher death rate per capita when matched to other states. She said the reasons could be related to three issues: that ... and more » news.google.com The Auburn Plainsman The report is compiled over a five-year period and records current employment trends, top employers, house prices, per capita income and other factors to ... From Google News Search: "Per capita income"  u-plan.org 792px x 1224px | 147.40kB [source page] Per Capita Income  personal.psu.edu 375px x 500px | 33.00kB [source page] county boundary in the north south direction As can be seen the predominant Hispanic neighborhoods are located in central Arlington This is another thematic map that shows the per capita income in dollars of all areas of Tarrant County When comparing this map to the map of the From Yahoo Image Search: "Per capita income"  firstthings.com Joe Carter Wed, 10 Mar 2010 14:00:35 GM As an illustration of the misleading nature of comparisons made on the basis of dollar figures of national . income per capita. , he noted, that in 1963, according to these figures, the average resident of the U.K. was 13 times better off ...  wallstreetpit.com Tim Duy Mon, 08 Mar 2010 23:37:43 GM Real Personal . Income. Less Transfer Payments. And we used to think the late 70s were bad! (The same qualitative result holds using the Jan-75 to Jan-10 sample). Looking at . per capita. measures (linear trend) provides similar insights: ...  einfopedia.com G Abbas ue, 02 Mar 2010 14:03:32 GM The GDP (PPP) . per capita income. of this small country is 78795. It is the richest country or state of Europe or EU. Norway:- The country has a highly developed economy, and she maintains the position of the third richest nation in the ... From Google Blog Search: "Per capita income" |
