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HOUSEHOLD DEBT STATISTICS
India's new GDP yardstick: What changed, what did not, and what every investor should now read differentlyIndia changed the base year used to measure its economy from 2011-12 to 2022-23. The first full-year provisional numbers under the new yard...- Why has the average mortgage payment crossed $2,000, and how can you lower yours as mortgage rates remain stubbornly high in 2026?The average mortgage payment has surged past $2,000 for the first time, reaching $2,005 as high mortgage rates, rising home prices, and per...
- Charting the global economy: US job growth exceeds projectionsUS employers added more jobs than expected for a second month. Germany's industrial output declined again. Australia's central bank raised ...
- Earning more but still broke? The real reasons your money never feels enough explainedEarning more money does not always reduce money stress. Many people spend more as income grows, and rising costs make it harder to save. Wi...
- Household debt and investment to be part of FY28 GDP dataThe All-India Debt and Investment Survey (AIDIS), scheduled between July 2026 and June 2027, is a key input for estimating gross fixed capi...
- 'Swipe now, pay later': Indians pile up Rs 4.8 lakh debt per head! CoinSwitch co-founder wonders what will happen to GenZs when they hit 40-50 ageIndian households are borrowing more for lifestyle expenses, moving away from traditional savings. Personal loans, credit cards, and auto l...
- NSS to survey farm households & debtThe government plans to conduct the Situation Assessment Survey of Agricultural Households and the All India Debt & Investment Survey in 20...
- Canada’s rich getting richer, poor getting poorer, income gap reaches historic high as wages decline and investment surgesStatistics Canada reported a record-high income gap in the first quarter of 2025, with the top 40 percent of households widening their disp...
- As consumers drown in debt, is it time for India to allow individuals to go bankrupt?India's microfinance sector faces rising delinquencies due to household over-indebtedness, with 27% of borrowers taking new loans to repay ...
- Why Americans struggle to save? What eats up their salary? The numbers will shock youRising incomes have not eased the struggle for Americans to save, as average household expenditures soared to $77,280 in 2023. Major expens...
- Big savers seek higher returns at high risks: StudyThe study also showed, however, that the potential of higher returns from investments in the stock market does influence some urban savers ...
- High returns in stocks causing investors to move away from traditionally safe assets: StudyA research paper by RBI economists indicates that stock market returns have a weak link with decisions to invest in equity and mutual funds...
- Govt mulls change in base year for computation of GDP to 2022-23 from 2011-12The government is considering changing the base year for GDP computation to 2022-23 from the current 2011-12 to better reflect the economy....
- India to clock GDP growth of 6.5 pc in FY24 despite high crude oil prices: NITI Aayog member Arvind VirmaniThe Indian economy is projected to grow at around 6.5% in the current fiscal year, according to Arvind Virmani, a member of NITI Aayog. He ...
- China debt ratio hits record but pace of borrowing easesTotal debt combining the household, corporate and government sectors climbed to 281.5% of gross domestic product in the second quarter, acc...
- Over 50 per cent agricultural families in debt with average loan of Rs 74,121 in 2019: SurveyThe survey collected information on the receipts and expenditures relating to crop production, farming of animals and non-farm business, se...
- View: New barometer of India’s economy fails to reflect deprivations of poor householdsFar from being nationally representative, CMIE's Consumer Pyramid Household Survey is heavily biased towards better-off households, and qui...
- CSO to change GDP base year to 2017-18 from 2011-12: D V Sadananda GowdaEarlier in 2015, the Central Statistics Office under the Statistics Ministry had changed the base year for tabulating the Gross Domestic Pr...
- US consumer credit rises most in a decadeConsumer borrowing in the US surged in Nov by the most in 10 years, showing households are optimistic enough to take on debt.
- Greek economy shrinks 4.5 percent in 12 months: officialThe Greek economy shrank by 4.5 percent in the last 12 months, official data showed on Friday pointing to the trauma the country has underg...
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