Total debt-to-GDP ratios across the APAC region have remained well above pre-pandemic levels, although some countries did record lower debt ratios in 2021 compared with 2020. Moody’s Analytics has released a report looking into Asia’s high debt-to-GDP ratio. On Money in the Market, one of the authors of the report Harry Murphy Cruise, Economist at Moody’s Analytics, joins us to tell us more on the findings. 

Total debt-to-GDP ratios across the APAC region have remained well above pre-pandemic levels, although some countries did record lower debt ratios in 2021 compared with 2020. Moody’s Analytics has released a report looking into Asia’s high debt-to-GDP ratio. On Money in the Market, one of the authors of the report Harry Murphy Cruise, Economist at Moody’s Analytics, joins us to tell us more on the findings.

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