What is PER CAPITA DEBT?

The total debt owed by the country divided by the total population of the country. It checks how much money a citizen must pay in order to overcome the debts owed.

More On This Topic



Link to This Definition
Did you find this definition of PER CAPITA DEBT helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary