per capita income.
Definition:
The average level of income of each member comprising the Population. Per capita income statistics are a crude measure of the standard of living enjoyed by a country.
Cross-References:
Links:
Figures:
© Westburn Publishers Ltd 2002, The Westburn Dictionary of Marketing edited by Michael J Baker, ISBN 978-0-946433-01-8. www.themarketingdictionary.com. Entry: [Michael J. Baker], [1998].