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Animated: Global Debt Projections (2005-2027P)
Total global debt stands at nearly $305 trillion as of the first quarter of 2023. Over the next five years, it is projected to jump even further—raising concerns about government leverage in a high interest rate and slower growth environment. As global debt continues to climb, this animated graphic shows data and projections for public debt-to-GDP ratios using the World Economic Outlook (April 2023 update) from the IMF. Growing Global Debt Projections After rising steadily for years, government debt first ballooned to almost 100% of GDP in 2020. While this ratio has fallen amid an economic rebound and high ... (full story)