private sector debt

What is private sector debt?

private sector debt definition and meaning on Finance terms:
Outstanding amounts at the end of the year of securities issued and loans taken out by non-financial corporations and households (including non-profit institutions serving households). The private sector debt-to-GDP ratio is defined as the ratio of private sector debt to GDP at current market prices. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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