The world debt breaks records. Data for 2024

About 65 percent the increase in global debt in 2024 came from emerging marketsmainly from China, IndiaSaudi Arabia and Turkey. On mature markets, the debt accumulation was mainly concentrated in USAGreat Britain, Canada and Sweden.

According to sectors, almost two -thirds of the debt growth came from the government sector, with the global level of government debt exceeded $ 95 trillion, compared to 70 trillion dollars in the period preceding Pandemia in 2019.

According to IIF, the growth of global debt was much smaller than last year, when the Fed sooty policy soothing cycle caused a loan of over $ 16 trillion.

Global debt indicator to GDP In 2024, it increased by over 1.5 percentage pointsreaching almost 328 percent GDP.

“We anticipate a further slowdown in global accumulation (increment) of debt, especially in the first half of 2025. With record high uncertainty in the field of global economic policy – exceeding levels observed at the peak of the pandemic – and still increased costs of loans, a more cautious attitude of borrowers probably It will limit the demand of the private sector on credit, “wrote IIF.

“However, the accumulation of government debt is expected to remain elevated and will amount to over $ 5 trillion in 2025, largely driven by the United States, China, India, France and Brazil. Numbers may increase even more, because appeals for fiscal stimuli and fiscal stimuli Greater military expenses are becoming louder in the euro area, including growing discussions about change The German principle of 'debt brake', which is increasingly perceived as an important factor burdening the economic results of Germany, “he added.

IIF (Institute of International Finance) is an international association of financial institutions with nearly 500 members from 70 countries. It includes investment and commercial banks, insurance companies and assets.