Sentences with phrase «of income per capita»

Connection costs were also reduced from 846 percent of income per capita in 2013/14 to 187 percent in 2015/16.

A steady increase of income per capita in developing and emerging economies has already led to a recent rapid growth in ownership and use of 2 ‐ wheelers, 3 ‐ wheelers and light duty vehicles (LDVs), together with the development of new transport infrastructure including roads, rail, airports, and ports.

In the early stages of economic growth degradation and pollution increase, but beyond some level of income per capita (which will vary for different indicators) the trend reverses, so that at high - income levels economic growth leads to environmental improvement.

To get an idea of the role each component of income per capita plays in the Canada — U.S. income gap, we used the equation shown above, substituting U.S. data for one component at a time, and keeping the country data for the other four components.

Indeed, among Canada's 16 peer countries, the U.S. has the second - highest level of income per capita but also the highest rates of poverty and homicides and the lowest life expectancy.

Many economists have pointed out the shortcomings of income per capita as a measure of well - being.

Not exact matches

«To have a high per - capita income and low income inequality is worth noting, because it means that a broad section of the population has the ability to put money towards their retirement,» he explains.

The top countries frequently have high values for all six of the key variables that contribute to overall well - being: income (GDP per capita), healthy life expectancy, social support, freedom, trust (absence of corruption) and generosity.

Far from an economic powerhouse, China's economy remains a middleweight when its vast number of poor people is taken into account — the country's per capita GDP is only around US$ 4,500, 1 / 10th that of the U.S. And as a share of the economy, household incomes have actually declined over the past decade.

Reseachers at the global professional services firm said they based their conclusions on a number of «key» economic and demographic factors — from average income levels and population to the number of ski resorts per capita, level of snow coverage and recent «form» at the Winter Olympics.

Here's a look at GDP per capita (per person) and median household income.Typically, if GDP per capita is rising, some of that flows to household incomes.

In terms of debt, Maryland residents have $ 67,020 in per - capita debt, meaning their debt - to - income ratio is 1.84.»

Countries with lower per capita incomes — and higher unemployment — have higher rates of women - led entrepreneurship.

A combination of a lower per capita income and higher booze prices (a case of 24 bottles of Molson Canadian is 24 % more expensive in Newfoundland than Ontario) combine to help create the higher percentages even if volumes were exactly the same.

«Our illustrative estimate of the long term impact of reduced net migration from the EU27 on UK GDP per capita after Brexit is negative, but relatively small compared to many other uncertainties about average UK income levels in 2030,» said Hawksworth.

High poverty levels aren't a sufficient reason either, seeing as other countries with low levels of per - capita income, such as Kenya and Jamaica, consistently fare better, he added.

In nine years of full independence, the gross national product has nearly tripled — raising the average per capita income to a level exceeded in Asia only by that of Japan.

«The departure of a franchise in any sports... has never significantly lowered real per capita personal income in a metropolitan area.»

IBISWorld analysts also discuss how external factors such as Global per capita income and GDP of the BRIC nations in the Global Commercial Aircraft Manufacturing industry impact industry performance..

As Robert Blecker, an economist at American University, notes, «Contrary to the promises of the leaders who promoted it, NAFTA did not make Mexico converge to the United States in per capita income, nor did it solve Mexico's employment problems or stem the flow of migration.»

While growth in China is trending lower, the share of global output produced in China will continue to rise, as per capita incomes converge towards those in the more advanced economies (Graph 6).

Fourth, transfers are paid to the provinces on a per capita basis but the ability of a province to replace the transfer income varies considerably depending on their economic capacity to raise offsetting revenues.

Both of these countries, especially India, have very large populations, and per capita incomes are still quite low.

As for income, Oregon's per capita personal income in 2016 was $ 45,049, 29th - highest in the U.S., according to the Bureau of Economic Analysis.

To pinpoint the average retirement income you would need to live comfortably throughout the U.S., GOBankingRates looked at five factors in all 50 states and the District of Columbia: Per capita spending on groceries, healthcare, gas and fuel, housing and utilities and personal consumption expenditures not included in the four other categories.

Technological advances have always been a key driver of growth and rising income per capita, yet some fear that this time will be different.

Canada's higher ratio of employment to its labour force, higher labour force participation rate, and higher proportion of working age people all helped to push up Canada's income per capita relative to that of the United States.

It is calculated as gross domestic product (GDP) per capita — it is not a measure of personal income.

High performance in this category, either in terms of growth or the level of per capita income, does not guarantee a high quality of life.

Therefore, income per capita measures the value of good and services exchanged in the marketplace.

In the 1970s, Canada's income per capita was almost double that of Ireland; by 2007, Ireland's income per capita exceeded Canada's by US$ 5,000 in 2007, although the gap slipped to only US$ 800 by 2012.

So, in Canada's case, lower labour productivity and fewer hours worked caused Canada's income per capita to be lower than that of the United States.

«This report discusses how tax structures can best be designed to support GDP per capita growth.The analysis suggests a tax and economic growth ranking order according to which corporate taxes are the most harmful type of tax for economic growth, followed by personal income taxes and then consumption taxes, with recurrent taxes on immovable residential property being the least harmful tax.

If Canada's level of labour productivity had increased to the U.S. level (and the other four factors had stayed the same), Canada's income per capita would have been $ 8,500 higher.

For example, to calculate what portion of the Canada-U.S. gap in income per capita is due to Canada's lower labour productivity, we substitute U.S. labour productivity into the equation but keep Canadian data for the other four components (hours worked, unemployment, labour force participation, and demographic structure).

To calculate the personal savings rate, we looked at data from the Bureau of Economic Analysis (BEA) on the average income per capita for each city in the U.S..

If we use the Canadian data for four of the components, but use the U.S. productivity level (which is US$ 52.40 per hour worked) instead of the Canadian productivity level (which is US$ 41.50 per hour), the income per capita in 2011 is $ 44,638.

The most important determinant of a country's per capita income, over the longer term, is the level of and growth in productivity.

The indicator is a per capita measure, because a country's total income may rise as its population increases, even though there may have been no improvement in the income level of the average citizen.

If Canada's ratio of employment to its labour force had decreased to the U.S. level (and the other four factors had stayed the same), Canada's income per capita would have been $ 500 lower.

Statistics Canada has raised questions about the reliability of the measures commonly used to compare Canadian and U.S. income per capita.2 Shortcomings have been noted in the data on coverage, concept, and accuracy of hours of work.

However, even with adjustments to account for these shortcomings, productivity still contributes to a significant portion of the gap in income per capita with the United States.

India's per capita income has grown by 300 % in rupee terms in the last decade, creating an aspirational consumer of goods and services.

Yet what sort of «depression» is it which saw an extraordinarily large expansion of industry, of railroads, of physical output, of net national product, of real per capita income?

As of 2016, the city of Hawthorne's per - capita income was $ 21,182, with 19.2 percent of residents living in poverty — an existence whose precarity would only heighten amid an influx of young tech professionals.

Idaho has some of the lowest per capita personal income (PCPI) in the nation, according to the Bureau of Economic Analysis.

The demand for services in the Building Exterior Cleaners industry cum window cleaning line of business is on the increase in recent time, as growth in household formation rates expanded the available clientele base for industry players and rising per capita disposable income enabled consumers to purchase cleaning services they put off during the recession.

According to the U.S. Bureau of Economic Analysis, in 2016 the Massachusetts per capita personal income (PCPI) was $ 65,137, which was second - highest in the U.S. and 131 % of the national average, at $ 49,571.

During the past quarter - century, politically facilitated globalization allowed profits to grow much faster than per capita GDP, wages, and productivity, propelling capital's share of income to an unsustainable extreme.

«If a specific market welcomes a relatively large share of wealthy immigrants, their arrival creates a new source of demand that not only stimulates demand for housing, but can also raise house prices significantly without any changes to personal disposable income per capita.»