answersLogoWhite

0

As it show the income of each person of a country by taking the national income into consideration

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What is national income and per capita income?

National income- total income of the country Per capita income- average income of the country


What is per capita income of lipa city Philippines?

higher than the national per capita income


Why is economic development important?

economic development is important for growth in national and per capita income along with increase in social welfare,moral values etc.


What borders Columbia into South America?

According to the World Development Indicators published by the World Bank, the Gross National Income of Colombia was $142 billion in 2006, or $3,120 per capita.


How can you rank countries in order of development?

Countries can be ranked using various indicators such as gross domestic product (GDP) per capita, human development index (HDI), life expectancy, education levels, and income inequality. These indicators can provide insights into a country's overall level of economic, social, and human development. However, it is important to consider multiple indicators to get a comprehensive understanding of a country's development.


What is the definition of LICs and HICs?

LICs stands for Low-Income Countries, which are nations with a low gross national income per capita. HICs stands for High-Income Countries, which are countries with a high gross national income per capita. These categorizations are based on a country's economic development and income levels.


What is the national income in Germany?

The (PPP) per capita GDP of Germany is $34,212.


What are indicators of development?

Indicators of development can include GDP per capita, life expectancy, literacy rates, access to healthcare and education, infrastructure development, and poverty rates. These indicators are used to assess the overall well-being and progress of a country in terms of economic, social, and human development.


Which indicator is considered to be most important measure of development?

Gross Domestic Product (GDP) per capita is often considered the most important measure of development as it reflects the average income level of a country's population. However, it is important to consider other indicators such as Human Development Index (HDI) which includes factors like education and health in addition to income.


What are the role of Entrepreneurship socioeconomic development for Africa countries beyond Per Capita income Discuss?

for economic development


What is the gross national income in Germany?

The (PPP) per capita GDP of Germany is $34,212.


What is the criteria used by world bank for measuring development?

Per capita income is used by world bank to measure development