Which Economy is Fuelled the Most by Households' Debt?

Total Household Liabilities (As % of GDP) (%), 2014 or latest
Investments & Pensions | February 22, 2018
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Based on a comparison of 34 countries in 2014, Denmark ranked the highest in household liabilities as of GDP with 140% followed by Switzerland and Netherlands. On the other end of the scale was Romania with 18.3%, Turkey with 19.2% and Hungary with 29.4%.

Data for more countries are available at Total Household Liabilities (As % of GDP) indicator page.

Total Household Liabilities (As % of GDP) Unit 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Australia % ... 85.2% 134% 132% 115% 111% ...
Canada % ... 70.6% 99.9% 93.9% 87.8% 92.5% ...
Denmark % ... 123% 146% 139% 129% 140% ...
Iceland % ... ... ... ... ... ... ... ... ... 69.3% 98.9% 99.9% 85.8% 89.3% ...
Ireland % ... ... ... ... ... ... ... 103% 121% 112% 97.4% 101% ...
Netherlands % ... 106% 122% 119% 111% 123% ... ...
New Zealand % ... 83.6% 117% 106% 94.0% 98.8% ...
Norway % ... 58.6% 89.6% 85.5% 76.9% 87.6% ...
Portugal % ... 83.8% 94.5% 90.5% 84.0% 91.5% ...
South Korea % ... ... ... ... ... ... ... ... 64.0% 83.0% 77.3% 74.6% 83.8% ... ...
Spain % ... 77.2% 86.2% 83.1% 75.3% 81.0% ...
Sweden % ... 57.7% 82.1% 82.6% 73.6% 83.9% ...
Switzerland % ... ... ... ... ... 106% 116% 124% 108% 120% ...
USA % ... 93.5% 93.6% 88.5% 84.1% 81.2%
United Kingdom % ... 75.0% 101% 93.2% 86.7% 91.2% ...