Household debt consists of loans taken out, such as mortgages and consumer loans.
Non-financial corporate debt consists of loans taken out with banks and debt securities issued (most often invested in financial markets).
Households' financial wealth consists of savings (savings passbooks and deposits), as well as financial investments (in equities or with mutual funds)
Households: debt and Financial wealth
Ratios as a % of GDP and as a % of liabilities respectively
* leverage = NFC debt / NFC liabilities
Published on Tuesday, January 7, 2020