answersLogoWhite

0


Best Answer

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

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How do National Income and per capita income serve as indicators of development?
Write your answer...
Submit
Still have questions?
magnify glass
imp
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.


What is a country's gross national product divided by that country's total population?

when national product is divided by population it is called Per Captita Income


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 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


What is the gross national income in Germany?

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


Per capita income Calculated by?

The percapita income is the income earned per person by the state or country.It is calculated by dividing the total national income by the population of the state.


If a country's per capita gross national income rose from 7500 to 8100 this year?

this country has remained a middle income nation