Global debt rises to $318 trillion in 2024, says IIF
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MSNWION
Global debt rises to $318 trillion in 2024, says IIF
The world's debt stock surged to a record $318 trillion in 2024, pushing the global debt-to-GDP ratio to 328%. This marks the first increase since 2020 as economic growth slowed and borrowing remained elevated. The latest report by the Institute of International Finance reveals that while the $7 trillion rise in debt was lower than the 2023 ...
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