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How do we calculate per capita income |
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Answer» Average Income/ Per Capita Income measures the money earned or unearned [average income] per person in an given area [city,region,country,etc] in a specified year. It is calculated by dividing the total income of a country by its total population ,,,,,,,,,, Formula ......Total income / Population Average Income/ Per Capita Income measures the money earned or unearned\xa0[average income] per person in an given area [city,region,country,etc] in a specified year. It is calculated by dividing the total income of a country by its total population. Total income / Population |
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