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Per Capita Debt

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Per capita debt
The total bonded debt of a municipality divided by the population of the municipality.

Per Capita Debt
The amount of municipal debt divided by the number of persons in that municipality. Because most municipal bonds are guaranteed in some way by the municipality tax revenue, the number of taxpayers in that municipality is important in determining its ability to repay the bonds. As a result, credit ratings agencies use per capita debt in rating municipal bonds.

per capita debt
The total debt of a municipality divided by the municipality's population. Financial analysts use per capita debt when evaluating a municipality's ability to repay its debt.


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The Seychelles is famous with tourists for its white sandy beaches, translucent green waters and luxury resorts, but is also saddled with one of the world's highest per capita debt and a chronic foreign exchange shortage.
We have the highest per capita debt in the world, loans with the World Bank, the IMF and various countries.
The Moody's median for direct per capita debt is $880, which is above the $526 in direct per capita debt caused by the general fund in Los Angeles.
 
 
 
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