Q.Write a short note on: Per capita income

Per capita income is national income divided by total population — the average income per person in a year. It is a key indicator of living standards and a component of the Human Development Index.

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The HDI, published by the UNDP, is a composite index measuring human development through health (life expectancy), education and income (per capita income), with a value between 0 and 1.

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Per capita income is national income divided by total population — the average income per person in a year. It is a key indicator of the average standard of living and a component of the Human Development Index.

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