Per capita income or income per person is the quotient of income to the population size. It is a measure of all sources of income in an economic aggregate, such as up gdp as a country or city. It does not reflect the distribution of income or wealth. we compare the average income which is the total income of the country divided by its total population. The average income (daily, monthly or annual?) is also called per capita income.
According to family income data derived from 2008 personal income tax returns, Calgary was the census metropolitan area (CMA) with the highest median total family income ($91,570), followed by Edmonton ($88,190), Ottawa–Gatineau ($87,160) and Oshawa ($83,220).
”National Picture — In Canada, real GDP per capita was $39,425 in 2008, a decrease of rougly $500 from the 2007 level of $39,999 and the first decrease since 1992. “
”National Picture — In Canada, real GDP per capita was $39,425 in 2008, a decrease of rougly $500 from the 2007 level of $39,999 and the first decrease since 1992. “