Main Findings from the 2020 Risks that Matter Survey
Annex A. Occurrence of financial difficulties during COVID-19
Copy link to Annex A. Occurrence of financial difficulties during COVID-19Annex Table 1. Nearly one‑third of households in OECD had trouble paying bills during COVID‑19
Copy link to Annex Table 1. Nearly one‑third of households in OECD had trouble paying bills during COVID‑19Percent of respondents reporting each of the following financial difficulties since the start of the COVID‑19 pandemic, 2020
|
|
Failed to pay a usual expense |
Taken money out of own savings or sold assets |
Taken money from friends or extended family |
Taken on additional debt or used credit |
Asked a charity or non-profit institution for assistance |
Gone hungry because could not afford food |
Lost your home as could not afford the mortgage or rent |
Declared bankruptcy or asked bank for assistance |
Any of the above |
|---|---|---|---|---|---|---|---|---|---|
|
Austria |
4.2 |
15.9 |
5.2 |
2.3 |
1.7 |
1.1 |
0.6 |
0.7 |
22.5 |
|
Belgium |
4.2 |
11.0 |
5.3 |
2.6 |
1.4 |
3.0 |
1.4 |
1.3 |
20.2 |
|
Canada |
8.8 |
20.8 |
6.6 |
12.5 |
2.7 |
4.1 |
0.8 |
0.7 |
32.3 |
|
Chile |
28.6 |
42.6 |
18.7 |
16.3 |
6.7 |
6.8 |
1.4 |
2.5 |
61.2 |
|
Denmark |
1.4 |
9.3 |
5.0 |
3.9 |
1.2 |
2.3 |
1.0 |
0.6 |
17.4 |
|
Estonia |
7.1 |
17.9 |
9.1 |
7.9 |
2.2 |
4.6 |
2.1 |
0.9 |
30.6 |
|
Finland |
6.9 |
13.6 |
5.6 |
4.2 |
1.6 |
1.6 |
0.5 |
0.7 |
21.6 |
|
France |
6.5 |
10.3 |
4.6 |
3.3 |
1.5 |
2.9 |
0.6 |
0.4 |
21.0 |
|
Germany |
3.9 |
12.2 |
5.1 |
3.3 |
1.6 |
2.0 |
0.4 |
0.9 |
18.7 |
|
Greece |
27.5 |
20.1 |
16.3 |
2.4 |
2.0 |
13.8 |
1.3 |
0.4 |
48.9 |
|
Ireland |
9.6 |
20.4 |
7.8 |
8.0 |
1.5 |
2.2 |
0.9 |
0.8 |
30.7 |
|
Israel |
8.3 |
18.2 |
9.2 |
9.7 |
2.9 |
2.1 |
0.8 |
0.2 |
29.9 |
|
Italy |
9.7 |
16.9 |
6.0 |
5.5 |
3.4 |
1.7 |
1.4 |
0.4 |
29.6 |
|
Korea |
4.0 |
6.8 |
5.8 |
6.7 |
1.8 |
2.4 |
1.1 |
0.7 |
19.0 |
|
Lithuania |
6.4 |
14.4 |
8.2 |
3.5 |
2.3 |
2.8 |
1.6 |
0.5 |
25.7 |
|
Mexico |
26.4 |
40.1 |
27.0 |
18.7 |
7.0 |
10.7 |
1.3 |
2.2 |
66.1 |
|
Netherlands |
3.3 |
9.0 |
3.8 |
2.4 |
2.2 |
2.0 |
0.5 |
1.1 |
15.6 |
|
Norway |
5.2 |
13.0 |
7.2 |
4.0 |
2.6 |
3.8 |
1.5 |
0.6 |
23.2 |
|
Poland |
12.1 |
10.3 |
9.8 |
8.1 |
3.4 |
7.3 |
1.9 |
1.1 |
32.9 |
|
Portugal |
7.0 |
17.0 |
5.7 |
5.2 |
2.1 |
1.9 |
0.4 |
0.6 |
25.5 |
|
Slovenia |
12.9 |
23.4 |
9.0 |
7.1 |
3.7 |
2.8 |
0.8 |
1.1 |
34.2 |
|
Spain |
6.7 |
18.9 |
5.6 |
4.4 |
2.0 |
1.6 |
0.3 |
0.6 |
27.4 |
|
Switzerland |
6.8 |
14.5 |
7.0 |
3.5 |
3.0 |
3.2 |
1.2 |
0.8 |
25.4 |
|
Turkey |
28.5 |
28.5 |
22.2 |
23.8 |
9.3 |
6.2 |
5.3 |
3.4 |
61.2 |
|
United States |
12.2 |
20.2 |
10.8 |
12.7 |
5.8 |
5.6 |
2.5 |
1.1 |
33.7 |
|
Average |
10.3 |
17.8 |
9.1 |
7.3 |
3.0 |
3.9 |
1.3 |
1.0 |
31.0 |
Note: Respondents were asked whether, at any time since the start of the COVID‑19 pandemic, they (or their household) had experienced one or more of a range of specific finance‑related events, listed in the above columns. Respondents could select all the options that applied.
Source: OECD Secretariat estimates based on the OECD Risks That Matter 2020 survey, https://www.oecd.org/social/risks-that-matter.htm.