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per capita incomethe average income earned per person in a given area (city, region, country, etc.) in a specified year

Part of speech: NOUN

Definition: the average income earned per person in a given area (city, region, country, etc.) in a specified year

Pronunciation (IPA): /pɜːr ˈkæpɪtə ˈɪnkʌm/

Korean meaning: 특정 지역의 1인당 평균 소득

Korean pronunciation: 퍼 **캐**피타 **인**컴

Example Sentences

  • Despite having the world's largest economy, the country's per capita income ranks only 15th globally.
  • The billionaire's hometown has an impressive per capita income, mostly thanks to one very rich resident.
  • Economists use per capita income to compare living standards across different countries.

per capita income

NOUN

//pɜːr ˈkæpɪtə ˈɪnkʌm//

the average income earned per person in a given area (city, region, country, etc.) in a specified year

per capita income concept
💡 Concept

the average income earned per person in a given area (city, region, country, etc.) in a specified year

per capita income rhyme
🎵 Rhyme

When citizens participate, per capita income illuminates!

🎤Pronunciation

🇺🇸 US/pɜːr ˈkæpɪtə ˈɪnkʌm/
🇬🇧 UK/pɜː ˈkæpɪtə ˈɪnkʌm/

🌳Etymology

Prefixper--
Rootcapita
Suffix-income

Origin

라틴어 'per capita'(머리마다, 개인마다)와 영어 'income'(수입)이 결합된 경제학 용어로, 20세기 초 통계학 발달과 함께 널리 사용되기 시작했다.

🎵Rhyme

capitaprecipitateparticipate
capita
precipitate
participate

🔗Collocations

high per capita income
per capita income growth
average per capita income
per capita income statistics
national per capita income
calculate per capita income

📝Examples

Despite having the world's largest economy, the country's per capita income ranks only 15th globally.

😄 Fun example

The billionaire's hometown has an impressive per capita income, mostly thanks to one very rich resident.

Economists use per capita income to compare living standards across different countries.

😄 Fun example

The small island nation boasts the highest per capita income in the region, though it only has three residents.

📚Related Words

Synonyms

average incomeincome per personindividual incomemean income

Antonyms

total incomeaggregate incomecollective income

Related

GDP per capitamedian incomehousehold incomedisposable incomestandard of living

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