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Top 3 countries with the highest household debt

Compare the Market analysed data from 35 OECD (Organisation for Economic Co-operation and Development) nations and found 19 had greater household debt than net disposable income.

Denmark found itself right at the top with a whopping household debt of 256.67 per cent in relation to its net annual disposable income.

In monetary terms, the average 2-person Dane household has a debt equivalent to around US$265,946, in comparison to a net annual income of US$103,614.

Norway followed its Nordic neighbour with a household debt of 246.96 per cent, which realises to a debt of around US$300,184 compared to an average disposable income of US$121,552.

The Netherlands rounded out the top three by holding household debt of 235.66 per cent, in relation to its net disposable income.

Top 3 countries with the highest household debt

Categories : Real Estate | Published by : Catharine | Date : Nov 27, 2021
Tags: annual disposable income, Home Loans, house, House loans, Household debt, loans

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Source : https://www.comparethemarket.com.au/home-loans
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