Growth keeping global debt-to-GDP just below all-time high – IIF
Global debt as a share of GDP is close to an all-time high, but is being held down somewhat by economic growth, according to figures published on January 15 by the Institute of International Finance.
The Global Debt Monitor shows debt has risen 12% or $27 trillion since 2016, hitting $244 trillion in the third quarter of 2018. That figure is some 318% of global GDP, just short of the record peak of 320% in the third quarter of 2016.
In addition to the large headline numbers, the report
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