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.
Australia's per capita income is relatively high compared to many countries globally, often ranking among the top nations. As of recent data, Australia's per capita income is significantly above the world average, reflecting its strong economy and high standard of living. However, it still lags behind some of the wealthiest countries, such as Luxembourg and Switzerland. Overall, Australia's income levels indicate a prosperous economy, contributing to its high quality of life.
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Here is a list of the richest countries Luxembourg (GDP per capita: $119,719) Norway (GDP per capita: $86,362) Switzerland (GDP per capita: $83,832) Ireland (GDP per capita: $81,477) Iceland (GDP per capita: $78,181) Qatar (GDP per capita: $65,062) The United States of America (GDP per capita: $64,906) Denmark (GDP per capita: $63,434) Singapore (GDP per capita: $62,690) Australia (GDP per capita: $58,824) so I know the USA is the richest country but this is the richest countries by GDP.
The average income of Canadian citizens is about $58,000 per year. This is according to statistics released in February 2014 assessing the income per capita.Ê
Average per capita income is income per head of a country i.e. real GDP/Population .
National income- total income of the country Per capita income- average income of the country
The Vietnam per capita income average in 2007 was 832 dollars.
Estimated per capita income in Elgin, IL in 2009 was $22,943. The average household income is $57,216 per year, some site have higher average household income then the others.
21000
The Per Capita is measured by the average income. Each year it is measured.
Canada's annual income is 34,000 per capita household. ( Canada ranked 14 out of the top 25 country's with the most annual income). Per capita household means for everyone 1 household. Average people in per capita household : 4
US$81,800
Per capita household income ($) Somalia 226
Around 120k.
The capita per income is 500,000 dollars.
per capita income of Vietnam in 2009