- Global debt levels rose by $US21 trillion last year to $US237 trillion, the highest level on record.
- 80% of the increase in global debt levels over the past five years has occurred in emerging markets.
- With nominal GDP growing faster than debt in 2017, the global debt-to-GDP ratio fell to 318%.
Global debt levels have hit another record high.
According to the Institute of International Finance (IIF), global debt levels rose by a further $21 trillion last year (US dollars), leaving total outstanding debt at $US237 trillion, the highest level on record.
All sectors recorded an increase in debt loading from the end of 2016, lifting by $4.5 trillion, $6.5 trillion, $4.5 trillion a…
Read the full article at: https://www.businessinsider.com.au/global-debt-levels-record-high-iif-2018-4
