European Union Household Debt: % of GDP

Key information about European Union Household Debt: % of GDP

• European Union household debt accounted for 49.8 % of the country's Nominal GDP in Dec 2022, compared with the ratio of 50.5 % in the previous quarter.
• EU household debt to GDP ratio is updated quarterly, available from Sep 1997 to Dec 2022.
• The data reached an all-time high of 54.6 % in Jun 2010 and a record low of 38.9 % in Sep 1997.

CEIC calculates quarterly Household Debt as % of Nominal GDP from monthly Household Debt and quarterly Nominal GDP. European Central Bank provides Household Debt in EUR. Eurostat provides Nominal GDP in EUR. Loans are used due to the lack of Flow of Funds statistics. Household Debt includes Mortgages and Consumer Loans.


Related information about European Union Household Debt: % of GDP

• In the latest reports, EU Household Debt reached 7,218.2 USD bn in Jan 2023.
• Money Supply M2 in EU increased 3.6 % YoY in Jan 2023.
• EU Foreign Exchange Reserves was measured at 292.5 USD bn in Feb 2023.
• The Foreign Exchange Reserves equaled 1.2 Months of Import in Dec 2022.
• EU Domestic Credit reached 25,821.3 USD bn in Jan 2023, representing an increased of 6.3 % YoY.

View European Union's Household Debt: % of GDP from Sep 1997 to Dec 2022 in the chart:

What was European Union's Household Debt: % of GDP in Dec 2022?

European Union household debt accounted for 49.8 % of the country's Nominal GDP in Dec 2022, compared with the ratio of 50.5 % in the previous quarter. See the table below for more data.

Last	Previous	Min	Max	Unit	Frequency	Range
49.8 Dec 2022	50.5 Sep 2022	38.9 Sep 1997	54.6 Jun 2010	%	quarterly	Sep 1997 - Dec 2022

Household Debt: % of GDP by Country Comparison

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