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Rising debt vulnerability in emerging markets: IIF

S'pore, HK, S Korea have highest levels of gross debt per adult as household debt triples over past decade

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Household debt has more than tripled over the past decade in some Asian and other economies with Singapore, Hong Kong and South Korea now having the highest levels of debt per adult, according to a new report from the Washington-based Institute of International Finance (IIF).

Tokyo

HOUSEHOLD debt has more than tripled over the past decade in some Asian and other economies with Singapore, Hong Kong and South Korea now having the highest levels of debt per adult, according to a new report from the Washington-based Institute of International Finance (IIF).