RTR: Global debt hits new record high at $313 trillion – IIF

By LoadstarEditorial

22/02/2024

REUTERS reports:

Global debt levels hit a new record high of $313 trillion in 2023, with developing economies scaling a fresh peak for the ratio of debt to their gross domestic product, a study showed.

The Institute of International Finance (IIF), a financial services trade group, said on Wednesday that global debt surged by over $15 trillion in the last quarter of 2023 year-on-year. The figure stood ...

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