City net debt per resident
Public, not open-licensedArea: City of Victoria December 31, 2025 · Where this covers
$567 per resident
For context
Was $427 in 2024 and $618 in 2021. Debt payments: 2.15% of spending
Source: City of Victoria, Dec 31, 2025 · Full source
What it measures
The City’s long-term debt, less money set aside to repay it, for each resident at year end, with debt payments as a share of spending.
Why it matters
Debt pays for long-lived things like buildings and pipes; payments come out of future budgets.
Over time
Net debt per resident
Debt payments as a share of spending (%)
Reading this page
Shown for context, without a “better” or “worse” label: borrowing can pay for long-lived assets, and this site takes no position on the right level. Net debt per resident $567 at the end of 2025, compared with $427 a year earlier and $618 in 2021. Debt servicing was 2.15% of expenses in 2025 (2.92% in 2021). The rules.
Source
- Period
- December 31, 2025
- Licence
- Public data, not under an open licence. Used with attribution. Agency’s terms of use
- Updated by agency
- Annually (audited report published mid-year); latest release Jul 1, 2025
- Retrieved
- Nov 11, 2026, 1:25 AM B.C. time
Source: City of Victoria, Annual Report (Statistics section). Public document, used with attribution; not endorsed by the publisher.
Text checked in the agency’s document
The script reads the agency’s own document each time and refuses to show a number unless this text is found.
Net Debt per Capita $ 618 $ 549 $ 487 $ 427 $ 567
Debt Service as % of Expenses 2.92% 2.64% 2.26% 2.08% 2.15%
Show the numbers as a table
| Period | Net debt per resident |
|---|---|
| 2025 | $567 |
| 2024 | $427 |
| 2023 | $487 |
| 2022 | $549 |
| 2021 | $618 |
| Period | Debt service, % of expenses |
|---|---|
| 2025 | 2.1 |
| 2024 | 2.1 |
| 2023 | 2.3 |
| 2022 | 2.6 |
| 2021 | 2.9 |
Keep in mind
- Figures are printed in the Statistics section of the City's Annual Report (not calculated here).
- B.C. law limits how much a municipality may spend each year on debt payments; the City's report shows its limit.
Where this covers
Area: City of Victoria
The City of Victoria municipality only, all neighbourhoods.
Included
- All City of Victoria neighbourhoods, including Downtown, James Bay, Fairfield, Fernwood, Oaklands, Hillside/Quadra, North Park, Burnside, Victoria West, Rockland, Jubilee and Gonzales
Not included
- Saanich, Oak Bay, Esquimalt, Langford and every other municipality in the region
Official definition
How the agency describes it: City of Victoria (municipality).
Connected to: Municipal (City budget). This is a label, not a judgement.