Global Debt Remains Above 235% of World GDP

This article is published in association with IMF. Vitor Gaspar, Carlos Eduardo Goncalves, Marcos Poplawski-Ribeiro Global debt has stabilized, though it remains at an elevated level, as a continued reduction in private-sector lending offset greater borrowing by governments. Total debt was little changed last year, just above 235 percent of global gross domestic product, according to […]

What is ‘global debt’ – and how high is it now?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda, Madeleine North, Writer, Forum Agenda This article was first published in May 2022 and updated in December 2023.Global debt has already hit a record $307 trillion in 2023, the Institute of International […]

What is ‘global debt’ – and how high is it now?

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Victoria Masterson, Senior Writer, Forum Agenda, Madeleine North, Writer, Forum Agenda This article was first published in May 2022 and updated in October 2023. The sudden rise in inflation has pushed global debt to new highs. In the […]

Soaring global debt and hiked interest rates are creating a big issue for developing countries. Here’s why

World News in Brief: Global economy ‘on the brink’, ending slavery, Latin America jobs updateThis article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Spencer Feingold, Digital Editor, World Economic Forum Rising interest and depreciating exchange rates are driving capital back to developed nations—and closing doors to credit for developing countries. The situation, experts say, is forcing developing countries to borrow at […]

Global debt drops but hits record high in developing countries, plus other economy stories you need to read this week

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Formative Content 1. Global debt drops for first time since 2015, but hits record level in developing countries The amount of debt in the global economy saw its first annual fall in dollar terms last […]

What Keynes can teach us about government debt today

This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Linda Yueh, Oxford and London Business School economist John Maynard Keynes, the British economist whose theories dominated the industrial postwar West, argued for government spending as a means to counteract slow economic growth. Especially during a recovery from […]
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