Global debt
Global debt refers to the total amount of money owed by all sectors, including governments, businesses, and households worldwide. As of 2022, global debt was the equivalent of 305 trillion USD. This includes debt by both public and private debtors. The total external debt owed by public and private debtors to creditors in other countries amounted to $76 trillion in 2019. The global debt continues to grow. Between 2015 and 2019 global debt increased by approximately 6% per year. According to the International Monetary Fund in September 2025 total global debt was equivalent to 235 percent of global gross domestic product, of which 93% was government debt and 143% was private debt made up of Household debt and non-financial Corporate debt.
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