Net Debt Per Capital

Net Debt Per Capital

The debt a government holds divided by the number of citizens under that government's jurisdiction. The government involved may be a municipality, a national government, or anything in between. It is calculated by taking the total debt, subtracting the government's cash and cash equivalents, and dividing the quantity by the number of citizens. Net debt per capita is important in determining a government's creditworthiness and may help a potential lender or bondholder calculate the likelihood of default. See also: National debt.
References in periodicals archive ?
These early policies focused on key debt ratios, such as annual debt service to general government expenditures, overall net debt to estimated full market value, overall net debt per capita, and overall net debt per capital to per capita personal income.