OMTEX CLASSES: Per Capita Income and Per Capita Consumption.

Per Capita Income and Per Capita Consumption.


Points
Per Capita Income
Per Capita Consumption
Definition
PCI is an average income of the normal residents of a country in a particular year.
PCC is an average consumption expenditure of the normal residents of a country in a particular year.
Calculation
It is obtained by dividing the national income of a country by its total population.
It is obtained by dividing total consumption expenditure of a country by its total population.
Formula
PCI = Total Consumption Expenditure  ➗ Total Population.
PCC = Total Consumption Expenditure ➗ Total Population.
Survey
According to Economic survey of 2010 - 11, the PCI is Rs. 40,745 in 2009 - 10.
Accordint to Economic Survey of 2010 - 11, PCC of India is Rs. 23626 in 2009 - 10.