Per Capita Income (Per Capita GDP/GNP)
Per Capita Income (Per Capita GDP/GNP) : This is the national income or GDP/GNP of a country divided by its population. Per Capita means "per head of the population" and is a measure of the average citizen's wealth. This concept is used by the World Bank and other international development lending agencies to "graduate" certain economies from developmental aid. Statistically, it is a flawed technique, in that it looks at the mean (arithmetic average) and not the mode (largest grouping in the population)
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