What does PCI stand for in economics?

In economics, PCI stands for Per Capita Income. It is a measure that calculates the average income earned per person in a given area, such as a country or region, over a specific time period. PCI is often used to assess the economic well-being and standard of living of a population, allowing for comparisons between different regions or countries. It is typically calculated by dividing the total income of a region by its population.