Global debt to reach $310 trillion this year says IIF
Global debt rose by more than $9.5 trillion during the first three quarters of 2023, surpassing $307 trillion –over $60 trillion higher than in 2018…
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Santander’s Ana Botín to be first woman to chair the IIF
The Institute of International Finance (IIF), the global association for the financial industry, announced that Grupo Santander executive chair Ana Botín will become the next…
China has seen ‘unprecedented’ capital outflow – IIF
China has suffered large and “unprecedented” outflows of capital since Russia invaded Ukraine, according to the Institute of International Finance (IIF). “Something very unusual is happening…
Global debt could soar to $360 trillion by 2030 – IIF
Global debt could exceed $360 trillion by 2030 — over $85 trillion higher than current levels — according to the latest Global Debt Monitor from…
Global debt to hit $255 trillion in 2019 says IIF
Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…
US, France, Germany drive debt to record $313 trillion
By Mark McSherry Global debt increased by more than $15 trillion in 2023 to reach a new record high of $313 trillion, according to the…
Global debt at record $307 trillion, or 336% of GDP
By Mark McSherry Global debt increased by $10 trillion in the first half of 2023 to a new all-time high of $307 trillion, according to the…
Global debt stock soars to near-record $305 trillion
By Mark McSherry Global debt stock grew by $8.3 trillion to a near-record $305 trillion in the first quarter of 2023, according to the latest…
Global debt falls slightly to just under $300 trillion
By Mark McSherry The nominal US dollar value of global debt fell by $4 trillion in 2022 to slightly below $300 trillion — the first…
Global debt at $300 trillion, or 350% of GDP
The global debt-to-GDP ratio is edging back up, approaching 350% of GDP in Q2 of 2022, after four quarters of consecutive decline. That’s according to the latest…
Global debt soars to record high over $305 trillion
Global debt increased by $3.3 trillion to a new record high of over $305 trillion in the first quarter (Q1) of 2022, according to the…
Euro area helps global debt hit record $296 trillion
Global debt soared $4.8 trillion to a new record of $296 trillion in the second quarter of 2021, according to the The Institute of International…
Europe borrows big; global debt hits record $281 trillion
Global debt soared by $24 trillion in 2020 to a new record high of $281 trillion, with European countries seeing some of the biggest increases…
Global debt at record $258 trillion – 331% of GDP
The Institute for International Finance (IIF) said on Thursday that global debt surged to a record $258 trillion in the first quarter of 2020 as…
Global debt-to-GDP ratio at new high of 322%
The global debt-to-GDP ratio hit a new all-time high of over 322% in the third quarter of 2019 with total debt reaching close to $253…