per capita income — the 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
the average income earned per person in a given area (city, region, country, etc.) in a specified year
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When citizens participate, per capita income illuminates!
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🌳Etymology
Origin
라틴어 'per capita'(머리마다, 개인마다)와 영어 'income'(수입)이 결합된 경제학 용어로, 20세기 초 통계학 발달과 함께 널리 사용되기 시작했다.
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“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.”
“The small island nation boasts the highest per capita income in the region, though it only has three residents.”
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