Global debt reaches record high

16:42 - 26.02.2025


February 26, Fineko/abc.az. By the end of 2024, global debt reached a record high of $318 trillion.

ABC.AZ reports that Bloomberg writes about this with reference to the Institute of International Finance (IIF).

In 2024, the level of global debt increased by $7 trillion, experts said. Analysts expect government borrowing to remain high in 2025. However, the growth of this indicator is expected to slow down in the future.

The world's debt is mainly made up of borrowings from the U.S., France, China, India and Brazil.