Shared

Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 years

Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 years

The Bank of Finland has for a long time expressed concerns about the increase in household debt. In 2020, the Bank of Finland continued the analysis by, for example, monitoring the debt-to-income ratios of new housing loan borrowers. The focus was also on estimating the appropriate maximum loan amount relative to the borrower’s annual income (maximum debt-to-income ratio) in Finland

Read more about it in article

Companies’ ability to cope with the COVID-19 pandemic is important for financial stability

Share

Share on Facebook: Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 yearsShare on Twitter: Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 yearsShare on LinkedIn: Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 yearsShare by email: Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 years

Save

Original (svg)(Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 years) Conversion (jpg)(Chart 11. Finnish households’ debt relative to annual disposable income has been on an upward trend for more than 20 years)