Korea's household debt is growing faster than almost any other country in the world.<br />The Bank for International Settlements and the Bank of Korea compared the household debt of 43 countries... and found that Korea's household debt-to-GDP ratio stood at nearly 97-percent at the end of Q3 last year.<br />That's almost a one-percentage-point increase compared to the previous quarter... and it means household debt levels are almost equal to the country's entire GDP.<br />The rate of increase in Korea's household debt was second only to China's, which grew by 1-point-2 percentage points. <br />
