per capita debt

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.
References in periodicals archive ?
Per capita debt in the UAE stands at Dh348,650 and continues to rise.
7 million between 2007 and 2014, per capita debt in Turkey skyrocketed more than threefold in the same period.
Digvijay Singh had earlier said that Gujarat has one of the highest per capita debt liabilities.
The largest per capita debt figure for all 50 states is Alaska, where each person's share of their state's debt stands at $31,141.
While debt restructure is helping the emirate move forward, the fact that a huge per capita debt is being offloaded to a future date still leaves the United Arab
And I remember distinctly when I read the per capita debt, I quickly made a calculation in my mind and came to the equally staggering conclusion that at current exchange rates, it is in the region of about N$7 million per American individual.
An important motivation for engaging with these questions is the observation that there is considerable variation in the per capita debt relief given to poor countries in the HIPC Initiative.
Comrie and Tuttle both endorsed using figures by Moody's that show what the median debt ratio is for large cities, including the debt compared to assessed value and per capita debt.
Many of these indicators appear to measure the same general dimension of financial condition; for example, it can be argued that debt per taxable assessment, per capita debt, and debt service burden all measure the general level of indebtedness of a particular municipality.
The coefficients of per capita GDP, wage, per capita official development assistance, and per capita debt are statistically significant at the 5 percent level.
The increasing burden of foreign loans may also be viewed as per capita debt outstanding.
However, moderate per capita debt levels are expected to double with the borrowing anticipated in the five-year capital improvement plan (CIP).