The world has never been in this much debt

  • 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.

David Scutt | Business Insider: Australia

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