Households: debt and Financial wealth
Household debt consists of loans taken out, such as mortgages and consumer loans.
Households' financial wealth consists of savings (savings passbooks and deposits), as well as financial investments (in equity or with investment funds)
Ratios as a % of GDP and as a % of liabilities respectively
* Leverage can also be defined as the ratio between debt and equity, with equity being measured as total assets (both non-financial and financial) minus debt. With this second approach, leverage is slightly lower (due to positive net worth for NFC in national accounts) and less volatile (part of the volatility of financial markets is offset between financial assets and liabilities).
We chose to use in this page the leverage measure which relies only on financial data allowing thus to have data quicker and on a quarterly basis.
Published on Wednesday, August 31, 2022