Debt service ratio, private sector
Fetched 18 Sep 2026, 08:41 UTC
15.5 %
Triggered crossed Q4 2025 · rising
As of Q1 2026 · Threshold > 10-yr mean + 1 pp
Recession, May 1997 to Jan 1999Recession, Nov 2000 to Jan 2002Recession, Feb 2008 to Mar 2009Recession, Mar 2012 to Nov 2012Recession, Oct 2018 to May 202014161820Threshold > 10-yr mean + 1 ppTrigger > 10-yr mean + 1 pp200020052010201520202025
1999 to 2026 · percent. Shaded bands are recessions.
What it is

Interest plus amortisation of the private non-financial sector as a share of income.

Threshold source: Drehmann and Juselius (2012), BIS. How thresholds are chosen

Known weaknesses

Assumes a standard maturity for all debt.