Per Capita

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Definition of 'Per Capita'

Per capita is a Latin phrase that means "by head" or "for each person." It is used to express a statistic in terms of the number of people per unit of something else, such as the number of people per square mile or the number of people per dollar.

Per capita income is a measure of the average income of a population. It is calculated by dividing the total income of the population by the number of people in the population. Per capita income is often used to compare the economic well-being of different countries or regions.

Per capita GDP is a measure of the average gross domestic product (GDP) of a population. GDP is the total value of all goods and services produced in a country or region in a given year. Per capita GDP is calculated by dividing the total GDP of the country or region by the number of people in the population. Per capita GDP is often used to compare the economic well-being of different countries or regions.

Per capita consumption is a measure of the average amount of goods and services consumed by a population. It is calculated by dividing the total consumption of goods and services by the number of people in the population. Per capita consumption is often used to compare the economic well-being of different countries or regions.

Per capita savings is a measure of the average amount of money saved by a population. It is calculated by dividing the total savings of the population by the number of people in the population. Per capita savings is often used to compare the economic well-being of different countries or regions.

Per capita debt is a measure of the average amount of debt owed by a population. It is calculated by dividing the total debt of the population by the number of people in the population. Per capita debt is often used to compare the financial health of different countries or regions.

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