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

February 22, 2024by 0

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 at around $210 trillion almost …

The post RTR: Global debt hits new record high at $313 trillion – IIF appeared first on The Loadstar.

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