Where Data Tells the Story
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This graphic shows household debt (as a % of net disposable income, 2022) across OECD countries.
The OECD (Organisation for Economic Co-operation and Development) is an international organization that promotes policies to improve economic and social well-being.
It has 38 member countries, though data for all of them was not available.
Household debt levels are generally higher in developed nations due to these factors:
Norway has a high ratio of household debt to disposable income for several reasons: