GDP ratio News

Aging Population to Shift Korea's Household Debt Dynamics: Peak Expected Within Five Years

Korea's household debt to GDP ratio is expected to peak within five years due to aging demographics, then decline. The KDI report links this trend to life expectancy and housing de...

South Korea's Rising Debt: A Looming Challenge Beyond Reserve Currency Averages

The IMF projects South Korea's national debt ratio to GDP will exceed the average of non-reserve currency countries this year, signaling a critical shift in fiscal dynamics and rai...

South Korea Climbs to Second Place Globally in Household Debt: A Deep Dive into the Economic Implications

South Korea ranks second globally with a household debt to GDP ratio of 91.7%, highlighting the challenges of high household debt amidst economic policies and the pandemic's impact...

RBI Forecasts: Credit Growth Potential to Surpass Economic Expansion

The RBI reports that India's bank credit has the potential to grow faster than the economy, supported by a low credit-to-GDP ratio. With a 2022 ratio of 90.1%, below global average...