5 Countries with Most Credit Card Debt in the World

3. Sweden

Median Credit Card Debt: $2,849

Sweden, known for its progressive social policies and high standard of living, grapples with the challenge of credit card debt among its citizens. With a median credit card debt of $2,849, many Swedes navigate the fine line between financial convenience and fiscal responsibility. The country’s emphasis on sustainability and work-life balance may sometimes clash with consumerist tendencies that drive credit card usage.