per capita income

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Related to Per-Capita Incomes: national income

Per Capita Income

The amount of income in an area divided by the number of persons in that area. This is, in essence, the average income in the area. It may not adequately describe wealth, as it does not consider debt and it does not consider persons with very high or very low incomes that may skew the average in one direction or another. However, it may still be used as a measure of economic health in an area.
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per capita income


income per head

the GROSS NATIONAL PRODUCT (national income) of a country divided by the size of its POPULATION. This gives the average income per head of population if it were all shared out equally. In 2003, the UK had a per capita level of $24,230, Japan $33,990, and the USA $34,870. Most developing countries, by contrast, had a per capita income level of under $1,000. See DISTRIBUTION OF INCOME.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

per capita income

Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
According to the Oregon Employment Department, the state's per-capita income was 96 percent of the national average in 1969.
Multnomah County, which includes the city of Portland, had a per-capita income of 107 percent of the national average in 1969 and 109 percent in 2004, the most recent year for which the employment department has statistics.
Per-capita income in Lane County, for instance, was 87 percent of the national average in 1969 and 84 percent in 2004.