per capita income
Definition
Total national income (GDP) divided by total population. It is not the average income (because it includes children and non-working population) but serves as an indicator of a country's living standards.
Mentioned in these definitions
Popular 'Economics, Politics, & Society' Terms
per capita income in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/per-capita-income.html
