Global debt hits $348 trillion in 2025 driven by government spending, says IIF
you are currently viewing::Global debt hits $348 trillion in 2025 driven by government spending, says IIFFebruary 26, 2026--Global debt climbed to $348 trillion by the end of 2025, the highest on record, per the Institute of International Finance.
The increase was driven primarily by governments, which accounted for more than $10 trillion of the rise, with the United States, China and the euro area responsible for roughly three-quarters of the jump, the Institute of International Finance said in its latest Global Debt Monitor. Source: journalrecord.com |
April 14, 2026-The global economy faces renewed tests as the war in the Middle East threatens to disrupt growth and disinflation.
After withstanding higher trade barriers and elevated uncertainty last year, global activity now faces a major test from the outbreak of war in the Middle East. Assuming that the conflict remains limited in duration and scope, global growth is projected to slow to 3.1 percent in 2026 and 3.2 percent in 2027.