5 Countries with Most Credit Card Debt in the World

2. Japan

Median Credit Card Debt: $2,900

In Japan, a country renowned for its rich cultural heritage and technological innovation, credit card debt is a significant financial concern. With a median credit card debt of $2,900, many Japanese consumers are grappling with credit cards and the burden of debt repayment. The country’s consumer culture, marked by a love for the latest gadgets and experiences, may sometimes lead to overspending.