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Global debt climbed by 42% in Q4 from a decade earlier

Global Debt

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Global debt rose to a record $237 trillion in the fourth quarter of 2017, more than $70 trillion higher from a decade earlier, according to an analysis by the Institute of International Finance. At the same time, the ratio of global debt-to-gross domestic product fell for the fifth consecutive quarter as the world’s economic growth accelerated. The ratio is now around 317.8 percent of GDP, or 4 percentage points below the high in the third quarter of 2016, according to the IIF.

Source: Bloomberg Pro Terminal


 Trader Aleksandar Kumanov

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