Global Public Debt to Hit $100 Trillion

• Global public debt is as high as ever.
• It is expected to exceed $100 trillion, or about 93 per cent of the global gross domestic product, by the end of this year.
• It will approach 100 per cent of GDP by 2030.
• This is 10 percentage points of GDP above 2019, that is, before the pandemic.

Source: IMF Blog

 

 

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