Global public debt could reach $100 trillion by the end of 2024 — IMF

The International Monetary Fund warns that global public debt could reach $100 trillion by the end of 2024, which would amount to about 93% of global GDP. In an unfavorable scenario, debt could rise to 115% of GDP within three years. The United States, Brazil, France and the United Kingdom are among the countries with the highest debt levels.

Oct 16, 2024 - 12:17
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Global public debt could reach $100 trillion by the end of 2024 — IMF
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The International Monetary Fund (IMF) warns that global public debt could reach $100 trillion by the end of 2024, equivalent to 93% of global GDP. In the worst-case scenario, debt could rise to 115% of GDP within three years, with further increases in countries such as the United States, Brazil, France and the United Kingdom. The United States plays a key role in increasing global debt, with a debt level of $35.68 trillion and a budget deficit that has reached a historic high in recent years.

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