Household debt as % of GDP

[vgane]

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Household debt as % of GDP

Australia: 122%
UK: 86%
US: 77%
Japan: 66%
France: 56%
Germany: 54%
China: 37%
Turkey: 21%
India: 9.5%

Source:The Int'l Spectator

 

[yesmohan]

Generally, Indian ciizens are considered to be very conservative in borrowing.