Inflation and the economic slowdown are making the situation of indebted households around the world more complex. Which Latin American country has the most indebted households?

ANSWER

Chile. According to data from the International Monetary Fund, Chilean household debt represented 44.75% of the country's GDP in 2021. It is followed by Brazil, with 33.77%, while in hyperinflationary Argentina, on the other hand, household debt represents only 4.53% of GDP. Which country takes the laurels in the world? None other than Switzerland, where household debt is equivalent to 131.91% of GDP.

You can view the report at https://www.imf.org/external/datamapper/HH_LS@GDD/PER/BRA/ARG/CHL/COL/MEX