Global Debt at Record Level

Global debt rose to a record $237 trillion in the fourth quarter of 2017, more than $70 trillion higher than a decade earlier, according to an analysis by the Institute of International Finance. At the same time, the ratio of debt-to-gross domestic product fell for the fifth consecutive quarter as the world’s economic growth accelerated. The ratio is now around 317.8 percent of GDP, or 4 percentage points below the high in the third quarter of 2016, according to the IIF.

 

 

Source: https://www.bloomberg.com/news/articles/2018-04-10/global-debt-at-record-level

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