1: Debt expansion due to pandemic The following chart shows the growth in total debt to GDP ratios for major developed markets during the pandemic. I like this chart because it includes government, corporate and household debt in the calculation. Sometimes the growth in one sector offsets a decline in the other, and vice versa, so it’s helpful to see the combined tally.
Total debt expansion due to pandemic
Total debt expansion due to pandemic
Total debt expansion due to pandemic
1: Debt expansion due to pandemic The following chart shows the growth in total debt to GDP ratios for major developed markets during the pandemic. I like this chart because it includes government, corporate and household debt in the calculation. Sometimes the growth in one sector offsets a decline in the other, and vice versa, so it’s helpful to see the combined tally.