Countries with highest household debt

di Savage Updates: Finance

Bro actually the list of nations carrying the heaviest household debt loads is a whole different population of figures compared to what you usually see. switzerland sits at the very top with 125.4% of gdp, followed by australia at 112.2%. canada comes in third at 100.1%, while the netherlands holds fourth place with 93.6%. new zealand hits 90.3% and south korea is just behind at 90.1%. norway rounds out the top seven with 88.6%, right before hong kong at 88%. denmark is ninth at 85.2%, sweden tenth at 82.7%, and the united kingdom eleventh at 76.2%. malaysia takes twelfth with 69.5%, edging out the united states at 69.4% for thirteenth place. japan follows at 65.1%, finland fifteenth at 63.3%, luxembourg sixteenth at 61.9%, china seventeenth at 61.4%, france eighteenth at 60.5%, cyprus nineteenth at 59.6%, and belgium twentieth at 57.4%. portugal is twenty-first at 53.3%, germany twenty-second at 49.9%, malta twenty-third at 48.7%, chile twenty-fourth at 44.8%, singapore twenty-fifth at 44.3%, austria twenty-sixth at 44%, spain twenty-seventh at 43.7%, slovakia twenty-eighth at 43.4%, israel twenty-ninth at 42.3%, and india thirtieth at 40.8%. honduras is thirty-first with 39.7%, greece thirty-second at 38.8%, estonia thirty-third at 38.4%, brazil thirty-fourth at 36.4%, italy thirty-fifth at 36.1%, saudi arabia thirty-sixth at 35.3%, south africa thirty-seventh at 33.7%, nepal thirty-eighth at 32.5%, the czech republic thirty-ninth at 30.8%, and vanuatu fortieth at 30.6%. this data breaks down the global ranking based on household debt as a share of gross domestic product from the international monetary fund.