IMF: Global public debt in 2028 to reach almost 100% of global GDP

Finance
  • 12 April, 2023
  • 13:15
IMF: Global public debt in 2028 to reach almost 100% of global GDP

The total global public debt in 2028 will reach almost 100% of world GDP, Report informs referring to the International Monetary Fund (IMF).

In 2028, the indicator will reach 99.6% of global GDP as a result of consistent non-stop growth starting from 2022, the document says.

In 2023, the global public debt will grow to 93.3% of GDP, according to the IMF.

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