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Education and Career Forum
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| 12th February 2012 02:04 PM | ||
| sujukisamurai |
Re: What is Per Capita Income? total national income is divided by the total population, it is called per capita income. It is the average income of an average person in that country. Per capita income can be easily defined as the income per person in the population. You can also say that the average income of each of a specific group of people. To find the per capita income of an areathe Per Capita income will be Rs.100 divided by 10, i.e =10So, we can say that per capita income is the average income of individuals of a particular country. |
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| 7th November 2011 12:24 AM | ||
| ranjeet250490 |
Re: What is Per Capita Income? Per Capita Income is the average income done by each citizen of a country. It is calculated by the formula : PCI = a/b, where a is the Total Income of a country and b is the total population of that country. So India's per capita income is about 40,000 Rs . This is very low , if you compare with the european and american countries. Thanks to our corrupt government. |
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| 29th October 2011 06:14 PM | ||
| Unregistered |
Re: What is Per Capita Income? what is the per capita income of the year 2011 |
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| 20th October 2011 09:17 PM | ||
| saasmari |
Re: What is Per Capita Income? Per capita income is the measure of the mean income of the people in a country or a state etc. Per capita is calculated by dividing the sum of income of the people by the total number of people. It shows the prosperity and wealth of a country.It is expressed in terms of dollars .It is not easy to calculate the per capita income and it differs from place to place.It it varies based on the primary source of income. India's per capita is found by atlas method and by exchanging rates .Per capita of India in the year 2008-2009 is Rs 37490 |
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| 20th October 2011 07:18 PM | ||
| pranav ysg |
Re: What is Per Capita Income? Hi,this term which is one of the most burn out debated topic around the world means-'Per capita income or income per person is a measure of mean income within an economic aggregate, such as a country or city. It does not attempt to reflect the distribution of income or wealth.' |
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| 20th October 2011 06:54 PM | ||
| rahul k |
Re: What is Per Capita Income? Quote:
It means total national income is divided by the total population, it is called per capita income. It is the average income of an average person in that country. So, Per capita income can be easily defined as the income per person in the population. You can also say that the average income of each of a specific group of people. >> To find the per capita income of an area, use the following formula pci = i/P Where - pci = per capita income i = total personal income P = total population So, Per Capital Income is the Amount of Income a Person Would Receive if all the Income earned in a Country Was Divided Equally Among Everyone. And for More Information, You can Use Various Website Online : More Information About Per Capita Income - Click Here |
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| 20th October 2011 05:40 PM | ||
| SANDEEP891985 |
Re: What is Per Capita Income? Hello friend, To make it simple, let me illustrate it with the following example: Suppose the gross national income of a country is Rs. 100 and the total population of that country is 10 Then, the Per Capita income will be Rs.100 divided by 10, i.e =10 So, we can say that per capita income is the average income of individuals of a particular country. The per capita income is only based on the formula mentioned above and in no way it represents the original picture of the financial condition of a country. |
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| 20th October 2011 03:49 PM | ||
| Benudhar sethi |
Re: What is Per Capita Income? Per capita income is often used as a measure of the wealth of the population of a nation, particularly in comparison to other nations. It is usually expressed in terms of a commonly-used international currency such as the Euro or United States dollar, and is useful because it is widely known, easily calculated from readily-available GDP and population estimates and produces a straightforward statistic for comparison. Per capita income has several weaknesses as a measurement of prosperity: |
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| 20th October 2011 01:51 PM | ||
| apoorva bhati |
Re: What is Per Capita Income? per capita income is income of per person in a country. it is calculated as total income of a country by total population. India's current per capita income is Rs 46,492. PCY is a an acronym which may stand for many things, but as far as I think it will be Per Calender Year as per your question. |
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| 20th October 2011 01:50 PM | ||
| apoorva bhati |
Re: What is Per Capita Income? per capita income is income of per person in a country. it is calculated as total income of a country by total population. India's current per capita income is Rs 46,492. PCY is a an acronym which may stand for many things, but as far as I think it will be Per Calender Year as per your question. |
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| 20th October 2011 12:23 AM | ||
| Sheikh Aijaz |
What is Per Capita Income? What is pcy? what is per capita income? i came across this word many a times. |
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