Countries with the highest household debt

Based on 2024 International Monetary Fund data, Switzerland leads the world in household debt, reaching 125.4% of its GDP.

Australia and Canada follow closely, both exceeding 100%.

This ranking of the top twenty nations highlights significant financial liabilities across diverse economies, primarily comprising loans and debt securities.

While New Zealand and the Netherlands maintain levels above 90%, the lower half of the list features the United Kingdom at 76.2% and the United States at 69.4%.

The list concludes with Belgium at 57.3%.

Collectively, these statistics illustrate the substantial scale of private borrowing relative to national economic output globally.