Per capita

“Per capita” is a Latin phrase that means “per person” in English. It is often used in economics and statistics to express a quantity in relation to the population of a particular area or group. For instance, per capita income represents the average income earned by every individual in a particular country or area. Similarly, per capita consumption refers to the average consumption of goods or services per person, and per capita GDP (Gross Domestic Product) measures the average economic output per person in a particular region.