Home > Term: per capita income
per capita income
A measure representative of a country's wealth, generally arrived at by dividing the gross national product, gross domestic product or national income by its population. Per capita income is widely used to compare the state of a country's economy over time or relative to other countries.
- Part of Speech: noun
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
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Creator
- Stefan K
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