per capita income is the income of every working individual of a country per capita income is the income of every working individual of a country
Algeria Is still a developing country....so its not rich that much
natural, geographic, technological, government
Per capita income means how much each individual receives, in monetary terms. It is the measure of the amount of money that each person earns in the country, of the yearly income generated in the country. This is what each citizen is to receive if the yearly national income is divided equally among everyone. Per capita income is usually reported in units of currency per year. When comparing nations per capita income reflects gross national product per person, but it is also used to compare municipalities within nations. When determining the per capita income of a community, the total personal income is divided by the population.
In 2012, the per capita average income of the United States was about $42,600. This is about $3,000 more than it was five years before in 2007.
The national income per capita for Mexico is in the order of US$14,200.
Developing countries are mostly those which have moderate per capita income, standard of living is low and not much industrialized.
In fiscal year 2007/08, as reported in May 2008, Pakistan's per capita income was the equivalent of US$ 1027, which was much higher than in 2006/07 when it averaged only US$ 878. For more information, see Related links below this box.
GDP: gross domestic product; basically how much money taken by the country from within itself. Real GDP: * definition waiting. Per capita GDP: The GDP divided by the population. A good estimate of how much each person makes - a larger population with a fairly large GDP might appear to be better off, but a lower per capita GDP indicates that it is not as good as a smalller country with higher per capita GDP.
The median income of the US is $48,387. Among all other nations, the US has the 6th largest median income per capita.
Per capita household income ($) Somalia 226
The main features or characteristics of rural economy in India include low per capita income, poor distribution of income and resources and so much more. These features are as a result of the poverty levels in the rural areas.