What is per capita consumption?


Per capita consumption refers to the average consumption per person within a population. While this information can be helpful for determining how much a population consumes, it does not account for consumption disparities between individuals.

Knowing how much a nation or other group of people consumes is helpful for some types of analysis but useless for others. Per capita consumption is calculated by dividing the consumption total by the population of the group in question. However, per capita consumption can be skewed by a large wealthy class that consumes far more than the average person or by a large poor class that consumes less than those in the middle and upper classes.

Q&A Related to "What is per capita consumption?"
1. Determine private consumption in the U.S. measured in dollars. This number is published every quarter by the Bureau of Economic Analysis of the U.S. Department of Commerce. The
Two reasons: Energy consumption is related to economy and activity (energy to produce a unit of ecomonic activity). If GDP stalls then consumption of oil will stall too Efficiency
per capita means per person. Thus if all the consumption of a particular kind of good was divided by the total population you get as a result the consumption per capita.
"Per capita oil consumption" is the amount of oil that is consumed each day by a
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Ask.com Answer for: per capita consumption
How to Calculate Per Capita Consumption
Consumption is commonly used in the calculation of GDP (Gross Domestic Product). GDP is an economic term that refers to the national income and output for a country's economy. Defined as the total market value of all final goods and services produced,... More »
Difficulty: Moderate
Source: www.ehow.com
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