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Tuesday, 5 November 2024

Our archives on Household Debt

Datafiles

Heavy household debt burden poses risks in some Asia Pacific countries

Household indebtedness has been on the rise, which is putting future economic growth and financial stability in jeopardy. Thus, many central banks have unveiled measures to curb high household debt. In Asia Pacific, Australia and South Korea are facing the most serious household debt problems.

Datafiles

Asia Pacific consumer finance sees diverse growth due to economic shifts

From 2019 to 2023, the share of consumer finance relative to total retail lending declined in Hong Kong and South Korea, but increased significantly in the Philippines.

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Our archives on Household Debt

Heavy household debt burden poses risks in some Asia Pacific countries

Asia Pacific consumer finance sees diverse growth due to economic shifts