Which nations have the highest levels of household debt?
Are you feeling the squeeze at the moment? You're not alone. With inflation and interest rates at increased levels in many parts of the world, household debt – which includes everything from mortgages to credit card liabilities – is hitting record highs.
As billions of people around the globe grapple with steeper repayments and heftier expenses, read on to find out the average household debt per working-age person (15-64 years) in 26 selected nations, based on data from CEIC, World Bank, and national central banks. We've also included figures revealing collective household debt as a percentage of each nation's GDP, a strong indicator of how deep a country's debt problem runs. All dollar amounts in US dollars.
Daniel Coughlin
02 February 2024
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