[[1]] refers to the average income of a person in a country.

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Per Capita income refers to the average income of a person in a country.
Per capita income is also known as average income. It is obtained by dividing a country's total population by its total income. It helps compare the economic development of different countries. It is also a significant component of the Human Development Index. However, per capita income has certain shortcomings too. First, it does not tell us how well a country's income distribution is. Just because a country has a high per capita income does not mean that every citizen has the same income. Per capita income does not give information about other important aspects of life like freedom, equality, etc.

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