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3. Private sector debt, consolidated - % of GDP

Private sector debt, consolidated - % of GDP

The private sector debt is the stock of liabilities held by the sectors Non-Financial corporations, Households and Non-Profit institutions serving households (S.11_S.14_S.15). The instruments that are taken into account to compile private sector debt are Debt securities (F.3) and Loans (F.4). Data are presented in consolidated terms (meaning transactions within the same sector are not taken into account) and expressed in % of GDP and million of national currency. Definitions regarding sectors and instruments are based on the ESA 2010. The indicator is the stock of private sector debt in percentage of GDP. It is calculated as follow: [PSDt/GDPt]*100.