Private non-financial debt service ratio

BIS estimate of interest payments and principal amortisation of households, NPISHs and non-financial corporations as a percentage of income.

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BIS modelled estimates from aggregate debt, income, interest rates and assumed remaining maturities. Includes interest and principal repayments. Better suited to tracking a country over time than comparing absolute levels between countries. Household and corporate coverage is narrower than total private-sector coverage. Household estimates include NPISHs and differ from the Federal Reserve household debt service ratio. Not seasonally adjusted.

Key facts

Figures last updated on 2026-10-12.

Rankings

Countries by private non-financial debt service ratio, Q1 2026

Top 15. Source: Bank for International Settlements.

Hong Kong: 34.3 %Hong Kong34.3Brazil: 29.8 %Brazil29.8Norway: 28.3 %Norway28.3Netherlands: 26.1 %Netherlands26.1Türkiye: 25.8 %Türkiye25.8Canada: 25.5 %Canada25.5Sweden: 23.3 %Sweden23.3Denmark: 23.1 %Denmark23.1Russia: 20.4 %Russia20.4Australia: 20.3 %Australia20.3Switzerland: 20 %Switzerland20France: 19.9 %France19.9South Korea: 19.3 %South Korea19.3China: 19.1 %China19.1Finland: 17.8 %Finland17.8Hong Kong: 34.3 %Hong Kong34.3Brazil: 29.8 %Brazil29.8Norway: 28.3 %Norway28.3Netherlands: 26.1 %Netherlands26.1Türkiye: 25.8 %Türkiye25.8Canada: 25.5 %Canada25.5Sweden: 23.3 %Sweden23.3Denmark: 23.1 %Denmark23.1Russia: 20.4 %Russia20.4Australia: 20.3 %Australia20.3Switzerland: 20 %Switzerland20France: 19.9 %France19.9South Korea: 19.3 %South Korea19.3China: 19.1 %China19.1Finland: 17.8 %Finland17.8
%. Source: BIS, BIS WS_DSR: P, quarterly, private nonfinancial debt service ratio. Retrieved 2026-10-12.

Full ranking of countries

Places with data

Published for countries.

Countries

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