võlakoorem
Võlakoorem, or debt burden, is a term used in economics to describe the size and impact of debt on a borrower. It can refer to the burden on an individual, household, company, or government. In everyday financial analysis, the focus is often on the debt service burden—the portion of income that must be allocated to interest and principal payments. At a macro level, the term can also indicate how large the overall debt is relative to income or GDP and how much of fiscal resources must be devoted to servicing it.
Measurement and indicators vary by context. For households, common metrics include the debt-to-income ratio (DTI) and
Effects and implications of a high võlakoorem include reduced consumer spending, greater vulnerability to economic or
Policy responses aim to improve debt sustainability and resilience. Tools include macroprudential measures (such as loan-to-value
In Estonia, as in many advanced economies, household debt is often mortgage-driven, and authorities monitor debt