"per capita" is Latin for "by head, for each head". It means the figures you are reading are calculated based on an average of the total population.
It is then easier to make comparisons for example between different countries : the total number of cellphones is much higher in France than in Luxembourg, but if you look at the number of cellphones per capita, you will notice than Luxembourg has, by far, a better equiment rate.
No per capita GDP is only an average figure it does not mean everyone is more prosperous
This question references the economic indicator of individual earnings, commonly gauged by the term of gross domestic product (GDP) per capita. GDP per capita is measured by income divided by the population over the time period of one year.
Usually the more oil wealth per capita the higher the GDP per capita is.
per capita incom
WHAT IS THE MEANING OF COST PER CAPITA
The word capita means for each head or by heads. This is a term that is commonly used in measuring GDP using per capita income.
It means "per person" :)
No per capita GDP is only an average figure it does not mean everyone is more prosperous
Per capita means "per head." I don't know what the rest of your ? pertains to.
This question references the economic indicator of individual earnings, commonly gauged by the term of gross domestic product (GDP) per capita. GDP per capita is measured by income divided by the population over the time period of one year.
The word capita means for each head or by heads. This is a term that is commonly used in measuring GDP using per capita income.
Usually the more oil wealth per capita the higher the GDP per capita is.
The term per capita means per person (or in the original Latin, per head). So if you have, let us say, 10 people who make an average of $30,000 each, you could combine this for a total amount of $300,000 or you could observe that the income per capita is $30,000.
per capita incom
WHAT IS THE MEANING OF COST PER CAPITA
In general, per capita means per person.
The Netherlands had per capita exports of $22,338 and per capita imports of $20,481.