Net Debt Per Capita
Categories: Accounting, Credit
See: Net Debt. See: Per Capita.
Dept per capita is a ratio that describes the amount of debt per person in a specific country or state or area...or maybe even a household.
Note that it's "net" debt because countries have cash accounts as well as loan obligations. Presumably, in a pinch, they could use their cash to summarily pay off that amount of debt and then...blam, all we worry about is the net number, not the gross.
And yes, a lot of debt is gross. Hi, Greece.