Swedes ‘ debts are at a record high – Svenska Dagbladet

Household debt amounting to a total of 3 600 billion, 87 per cent of Sweden’s GDP.

It is mainly housing loans, which increased. The reason is considered to be the Riksbank’s low interest rates, which made housing prices have risen. Amorteringskravet also suspected to have given momentum to the housing market, before it was introduced.