Per capita income

Per capita Income - A measure of the mean income averaged for the entire population of a particular group. It is arrived at dividing the total income by the total population of the group.
Per capita output - GDP divided by total population.

Per capita income is probably declining in the U.S. That's because wages have stayed flat, thanks to wage pressure from low-paid countries China and India. Global companies outsource jobs to these countries, which allows them to pay U.S. workers less.

Per capita income also does not take into account inequalities in wealth distribution.
See also
Measures of national income ...

Of course, per capita income is not an ideal indicator of economic well-being in any case. A couple that has an intended birth simultaneously raises its well-being and reduces its family per capita income.

Per capita income
Income per person, usually measured as GDP divided by population.
Per capita output
The value of an economy's output per person, GDP divided by population and thus the same as per capita income.

per capita income Per Capita Income is derived by dividing total personal income (in the US, an... per diem Occurring daily.

statistical technique used to establish the relationship of a dependent variable, such as the sales of a company, and one or more independent variables, such as family formations, Gross Domestic Product , per capita income, ...

The process of growth in total and per capita income, especially in developing countries, accompanied by increased infrastructure, more industrial activity, improved agricultural practices, migration of labor from rural to urban industrial areas, ...

These five economies are classified as developing despite their high per capita income because of their economic structure or the official opinion of their governments.

The term "overachievement" is occasionally applied in other contexts; for example, a country with an unsustainably high per capita income might be described as "overachieving".

The Netherlands has one of the most advanced economies in the world, with a per capita income (purchasing power parity) of US$37,300 in 2006. It is home to the 16th-largest economy and the seventh-largest financial sector in the world.

However, instead of selecting countries according to a sovereign credit-rating level (as it is done with EMBI+), the EMBI Global defines emerging markets countries with a combination of World Bank-defined per capita income brackets and each country's ...

Liberalization of the economy, rise in per capita income and growing consumerism has encouraged large business and venture capitalist in investing in retail infrastructure.

Developing country
A country whose per capita income is low by world standards. Same as LDC. As usually used, it does not necessarily connote that the country's income is rising.

Forty-eight poor and vulnerable countries, defined by the UN with an annual per capita income of less than US$ 1 per day.
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Definition: A measure of economic welfare e.g. of real per capita income
Related glossary term:
Gross domestic product (GDP) ...

A classification of countries under the Consensus framework, based on GNP per capita income.
Français: Pays de la catégorie I ou II
Español: Países de categría I o II
CD: ...

A nation which, comparative to others, lacks industrialization, infrastructure, developed agriculture, and developed natural resources, and suffers from a low per capita income as a result.
Unfair Trade Practice ...

Among the most important are: real gross domestic product, population, and per capita income.

[32] This era saw low levels of economic growth; average global per capita income is not considered to have significantly risen in the whole 800 years leading up to 1820, and is estimated to have increased on average by less than 0.

6 Yuan but according to PPP standards, one dollar should have been equal to 1.8 Yuan. Similarly, Denmark's per capita income is $62,100. Instead, PPP calculations suggest that nominal GDP per capita of Denmark is $37,304.

While standard of living may vary greatly among various groups within a country, it also varies from nation to nation, and international comparisons are sometimes made by analyzing gross national products, per capita incomes, ...

See also: Per capita, Population, Developing countries, Tariff, Tariffs