GITNUX MARKETDATA REPORT 2024

Must-Know Debt Statistics [Recent Analysis]

Statistic 1

"U.S. national debt exceeded $28 trillion in 2021."

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Statistic 2

"China’s total debt reached 288% of its GDP in 2021."

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Statistic 3

"UK household debt reached £1.7 trillion in 2021."

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Statistic 4

"Canada’s household debt reached an all-time high of 186% of disposable income in the third quarter of 2020."

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Statistic 5

"Global student loan debt reached $1.7 trillion in 2021."

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Statistic 6

"Student loans account for nearly 10% of the total US household debt."

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Statistic 7

"The total outstanding consumer credit card debt in the US was $940.2 billion in 2020."

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Statistic 8

"Euro area government debt increased to 98% of GDP in 2020."

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Statistic 9

"7.88% of American households with debt were in financial hardship in 2020."

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Statistic 10

"The total global corporate debt reached $75 trillion by the end of 2020."

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Statistic 11

"India’s household debt reached 36.6% of GDP in 2020."

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Statistic 12

"Australian household debt rose to a record high of 198% of disposable income in 2020."

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Statistic 13

"Consumer debt in Spain amounted to €700 billion in 2020."

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Statistic 14

"German public debt increased to €2.25 trillion in 2020 due to the COVID-19 pandemic."

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Statistic 15

"8.8% of U.S. consumers had a debt in collections on their credit report in 2020."

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Statistic 16

"Credit card debt in Mexico reached close to MXN$502 billion in 2020."

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