In 2022, Greece and Slovakia were some of the European countries where the non-financial corporations were the most indebted. These figures indicate the debt of the companies in that country as a ratio of their financial assets. Iceland, Slovakia, and Poland also had a debt ratio of over one, which indicates that the value of their debt was higher than that of all of their financial assets. High debt rates generally increase the vulnerability of the private sector to changes in economic conditions, interest rates and inflation. However, they can be justified for capital intensive economies.
Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022
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OECD. (July 21, 2023). Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022 [Graph]. In Statista. Retrieved December 31, 2024, from https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/
OECD. "Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022." Chart. July 21, 2023. Statista. Accessed December 31, 2024. https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/
OECD. (2023). Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022. Statista. Statista Inc.. Accessed: December 31, 2024. https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/
OECD. "Ratio of Debt to Total Financial Assets of Non-financial Corporations in Selected European Countries in 2022." Statista, Statista Inc., 21 Jul 2023, https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/
OECD, Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022 Statista, https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/ (last visited December 31, 2024)
Ratio of debt to total financial assets of non-financial corporations in selected European countries in 2022 [Graph], OECD, July 21, 2023. [Online]. Available: https://www.statista.com/statistics/1064308/debt-to-financial-assets-ratio-of-non-financial-corporations-europe-by-country/
