Global debt to top record $255tr by year’s end

Dawn | Nov 17, 2019 at 7:07 AM
  • Nearly $32,500 for each of the 7.7 billion people on planet.
  • Government debt alone is set to top $70tr this year, as will overall debt (government, corporate and financial sector) of emerging-market countries.
  • Across sectors, government debt saw the biggest rise in the first half of the year, increasing by 1.5 percentage points, followed by non-financial companies.