List of countries by household debt

The following lists sort countries by stock of loans and debt issued by households as a percentage of GDP according to data by the International Monetary Fund and Institute of International Finance.

International Monetary Fund

Countries by household debt, loans and debt securities as % of GDP 1980 to 2022^[1]

Country	2022	2021	2018	2017	2016	2015	2010	2005	2000	1995	1990	1985	1980
Afghanistan			0.63	0.62	0.60	0.58	1.43
Albania	12.53	12.29	11.21	11.30	11.27	11.28	11.88	5.04
Algeria		4.53			3.07	2.77	2.11	0.11
Argentina	4.07		6.63	6.92	5.98	6.35	4.83	3.14	6.58	3.95
Australia	111.75	119.32	120.14	121.71	122.32	120.14	109.90	100.70	71.15	54.23	45.20	42.63	38.06
Austria	48.19	51.82	48.92	49.21	50.42	50.21	54.36	51.72	45.28	41.30
Bangladesh	6.87	6.82	7.75	7.99	7.65	7.73	8.47	7.80
Belgium	60.37	62.4	61.29	60.26	59.53	59.24	52.71	43.09	40.50	36.73	34.96	28.23	31.96
Brazil	34.56	33.77	28.24	27.27	28.38	28.44	22.69	13.84	14.23	12.68
Bulgaria		24.95	23.38	22.92	20.93	21.68	25.96	14.95	2.25	0.59
Cameroon			4.28	3.70	3.56	3.71	3.38	1.95
Canada	102.39	107.49	100.68	100.37	100.66	97.49	92.44	70.56	59.45	57.06	53.80	39.65	46.62
Central African Republic			3.38	4.58	5.09	4.76	3.11	2.34
Chad			2.78	2.87	3.01	2.54	1.28	0.81
Chile	46.51	44.75	45.41	43.69	42.23	40.92	32.34	26.22
China	61.46	62.14	54.15	49.70	44.20	38.24	27.29
Colombia	28.59	30.46	26.91	25.88	26.45	25.26	18.67	12.86	9.66
Republic of the Congo			3.43	4.22	4.60	4.58	1.27	0.72
Costa Rica	27.48	29.11	32.11	31.89	30.53	29.10	23.01	18.21
Croatia	31	34.74	34.16	34.13	35.31	38.50	41.88	30.75
Cyprus		85.08	98.94	109.48	121.24	127.74	118.27	89.46	77.74	62.87
Czech Republic	32.63	34.38		31.63	31.32	30.36	29.00	16.56	7.74	10.14
Denmark	86.22	104.36	115.15	117.14	119.17	119.09	135.29	111.79	85.60	74.11
El Salvador	28.31	29.29	29.05	29.50	26.25	25.75	23.09	20.87
Estonia		37.85	38.37	40.47	41.42	40.30	53.40	32.03	8.66	1.86
Finland	65.83	67.86	66.85	67.20	67.12	66.69	61.12	46.42	31.65	34.66	42.34	32.14	25.93
France	66.15	66.61	60.00	58.62	57.22	56.25	53.70	41.60	34.08	33.22	32.50	27.19	22.34
Germany	55.1	56.68	53.59	53.26	53.30	53.30	59.03	67.57	70.92	59.92	58.16	61.00	52.31
Greece	45.04	55.16	52.38	56.18	59.94	62.21	61.08	39.72	13.94	6.26
Honduras	34.96	33.66	31.68	29.20	29.59	29.14	24.82	17.14
Hong Kong	95.75	93.08	72.21	70.56	67.63	67.09	59.23	54.93	57.90	41.21	34.49
Hungary	19.8	20.69	17.90	18.81	20.25	21.29	39.46	23.30	5.90	6.02	18.12
Iceland		83.95	75.63	75.57	75.68	82.88	107.16	103.39	87.46	69.14	45.19	33.30	16.76
India	35.56	34.60	34.48	33.57	32.39	32.8	35.11	7.90	2.55
Indonesia	16.24	17.25	17.01	17.04	16.98	16.80	13.55	11.48
Ireland	26	30.49	42.43	47.75	52.26	56.46	112.23	81.20
Israel	44.16	43.87	41.85	42.07	41.29	40.85	39.56	37.55	36.39	34.50
Italy	41.72	43.58	41.00	41.31	41.51	41.87	43.63	32.96	22.69	17.48	16.69	6.21	6.13
Japan	68.16	68.84	61.38	60.28	59.82	59.52	61.23	62.09	70.99	71.37	69.50	53.13	46.61
Jordan	38.7
Kazakhstan	13.65	12.86	9.14	9.09	9.29	10.72	10.26	9.02
South Korea	105.09	105.79	91.93	89.35	87.34	83.11	73.17	63.54	49.31	45.28	39.48	26.93	16.46
Latvia	14.41	19.82	20.78	22.34	23.71	24.50	49.80	28.40	5.40	1.36
Lesotho		15.78	12.30	11.37	10.54	10.27	6.10	3.69
Lithuania		23.89	22.85	22.62	22.77	22.16	29.65	13.77	1.51	1.35
Luxembourg	67.19	66.01	66.79	66.80	65.29	60.07	57.12	45.48
Malaysia	66.88	73.05	68.02	66.22	69.14	69.74	58.75
Malta		53.36	49.38	50.41	51.86	53.03	59.05	44.51	23.52	17.27
Mauritius	31.78	36.45	32.38	32.23	33.05	33.34	32.25
Mexico	16.57	16.24	16.05	16.12	15.96	15.24	13.24	10.96	7.86	11.76
Morocco	27.43	28.57	29.73	29.63	30.47	30.64	28.30	19.48
Myanmar			1.90	1.92	2.00	1.49	0.45	0.32
Nepal	34.76	37.81	37.30	36.63	38.81	30.25	25.66	10.74
Netherlands	94.85	101.47	103.42	105.53	108.29	110.34	118.74	108.00	87.82	61.81	50.87
New Zealand	94.45	98.81	94.04	91.90	92.43	89.86	90.28	82.63	61.86	45.65	27.86
Nicaragua	14	14.41	20.52	23.73	22.75	20.33	14.74	14.18
North Macedonia	28.41	30.34	25.35	24.48	23.11	22.43	18.08	8.15
Norway	77	99.15	100.35	101.74	101.18	95.21	81.85	68.94	52.49	55.35	70.25	53.71	42.82
Pakistan	2.77	2.89	3.92	3.59	3.41	3.10	4.38
Peru	16.7	15.54	16.14	15.28	14.96	15.08	10.20	6.87
Poland	26.68	32.35	35.14	35.04	36.67	36.04	34.17	15.00	7.15	2.25
Portugal	61.48	68.12	66.15	69.42	72.41	76.70	90.67	79.88	58.80	28.33	15.14	12.08	9.98
Romania	12.14	13.91	14.09	14.19	14.83	15.15	19.28	8.60
Russia	21.12	21.76	17.01	16.22	15.36	15.86	10.38	5.95	0.60
Samoa	25.11	24.86	20.64	19.90	18.88	17.83	18.36	16.50	13.07	8.02
São Tomé and Príncipe			10.94	11.46	12.63	12.55	24.68
Saudi Arabia	12.8	15.97	11.48	12.83	14.59	13.75	9.80	12.82	7.85
Sierra Leone	1.95	1.97	1.61	1.39	1.14	1.06	2.73	0.69
Singapore	48.62	58.35	54.21	58.64	58.50	58.07	47.00	43.31	37.10	31.51
Slovakia	47.98	48.53	42.06	40.54	38.01	34.82	24.78	12.28	4.25	3.65
Slovenia		26.37	27.01	26.97	27.31	27.62	30.36	18.76
Solomon Islands		7.98	7.69	7.51	8.28	7.35	6.04	3.12
South Africa	34.16	34.22	33.46	33.19	34.18	36.45	40.17
Spain	52.88	58.44	58.86	61.24	64.12	67.63	83.49	70.23	45.08	30.71	30.39	23.05	24.01
Sri Lanka			13.00	12.20	11.89	10.55	22.37
Sweden	88.23	92.46	87.87	88.15	85.06	83.56	77.08	61.10	47.76	44.14	56.42	48.34	48.55
Switzerland	128.3	131.91	128.70	127.72	126.34	123.79	111.53	111.71	103.43
Tajikistan		6.2	5.52	5.90	7.22	9.40	4.21	1.53
Thailand	86.9	90.03	78.62	78.03	79.03	80.77	59.27	45.08
Turkey	10.9	14.64	14.72	17.00	17.59	17.80	16.06	7.17	4.02	0.89	0.12
Ukraine	4.52	4.67	5.66	5.84	6.86	8.80	19.42	7.81	0.63	0.24
United Arab Emirates	20.11	22.55	22.18	24.33	27.19	25.16	28.13
United Kingdom	83.17	86.11	87.19	86.12	86.25	85.55	93.67	85.82	62.91	57.91	57.51	41.90	29.87
United States	74.44	78.03	75.86	77.58	78.77	78.46	90.71	91.46	69.92	64.19	60.24	53.43	49.39
Vanuatu		33.16	34.55	35.56	35.24	36.61	32.84	16.25

Institute of International Finance

IIF Household debt (% of GDP)^[2]

Country	Q3 2019	Q3 2018
South Korea	95.1	91.2
UK	83.8	83.6
Hong Kong	77.3	71.0
U.S.	74.2	74.8
Thailand	68.4	68.3
Malaysia	67.8	68.0
China	55.4	51.9
Japan	55.3	55.6
Lebanon	54.5	52.3
Singapore	52.6	54.5
Chile	47.2	44.5
Israel	41.6	41.8
Poland	35.0	35.2
South Africa	34.2	33.2
Czech Republic	31.9	32.0
Brazil	28.7	27.1
Colombia	27.0	27.3
UAE	22.3	22.7
Russia	18.3	16.8
Hungary	18.1	18.1
Indonesia	16.9	17.0
Mexico	16.7	16.1
Philippines	16.3	16.2
Nigeria	15.6	15.5
Turkey	14.1	16.0
Saudi Arabia	11.6	12
Ghana	11.5	11.2
Egypt	7.3	7.0
Kenya	7.2	7.9
Argentina	6.2	7.1
Ukraine	5.9	5.7
Pakistan	2.7	2.8
Ghana	2.5	2.8

See also

• List of countries by corporate debt
• List of countries by external debt
• List of countries by government debt
• Global debt