Based on a comparison of 33 countries in 2021, Australia ranked the highest in household liabilities as of GDP with 140% followed by Switzerland and Canada. On the other end of the scale was Turkey with 17.4%, Mexico with 22.4% and Latvia with 22.8%.
Data for more countries are available at Total Household Liabilities (As % of GDP) indicator page.
Total Household Liabilities (As % of GDP) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Australia | % | 116% | 119% | 124% | 115% | 120% | ... | |||||||||||||||
Belgium | % | 57.3% | 56.0% | 62.9% | 58.2% | 62.4% | ... | |||||||||||||||
Canada | % | 92.3% | 102% | 105% | 94.6% | 102% | ... | |||||||||||||||
Denmark | % | 118% | 113% | 122% | 109% | 110% | ||||||||||||||||
Finland | % | 62.1% | 61.2% | 68.5% | 63.2% | 65.7% | ||||||||||||||||
France | % | 55.0% | 54.4% | 62.0% | 58.6% | 62.5% | ... | |||||||||||||||
Luxembourg | % | 61.0% | 59.9% | 68.8% | 64.6% | 67.0% | ||||||||||||||||
Netherlands | % | 110% | 106% | 115% | 101% | 101% | ||||||||||||||||
New Zealand | % | 70.2% | 73.6% | 73.0% | 72.4% | 77.8% | ... | |||||||||||||||
Norway | % | 87.6% | 99.5% | 103% | 94.1% | 105% | ||||||||||||||||
South Korea | % | ... | 77.0% | 80.9% | 91.0% | 87.2% | 92.6% | |||||||||||||||
Sweden | % | 82.4% | 81.0% | 90.8% | 85.5% | 90.5% | ||||||||||||||||
Switzerland | % | 121% | 123% | 130% | 128% | 133% | ||||||||||||||||
USA | % | 76.6% | 76.7% | 76.4% | 74.7% | 74.1% | ||||||||||||||||
United Kingdom | % | 84.0% | 78.5% | 90.5% | 81.5% | 87.0% |