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In response to "How does Canada's consumer debt compare to KR to US to other countries I wonder? -- nm" by ty97

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Posted by Andie Oct 13 '21, 11:41

All in local currency:

Canada - Average Canadian now owes $73,532, Equifax says — up 2.2% from last year

USA - As of September 2021, consumer debt is at $14.96 trillion, with the average American debt among consumers at $92,727.

United Kingdom - People in the UK owed £1,741.7 billion at the end of July 2021. This is up by £62.9 billion from £1,678.9 billion at the end of July 2020, an extra £1,189 per UK adult over the year. The average total debt per household, including mortgages, was £62,670. Per adult this was £32,931, around 109.3% of average earnings.

Responses:

Does this include mortgages? -- nm - Beryllium Oct 13, 13:01 1
- Actually, more importantly: does it include home equity? -- nm - Beryllium Oct 13, 13:02

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