16:47 - 12.05.2025

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May 12, Fineko/abc.az. Global debt increased by approx. $7.5 trillion in the first three months of 2025, reaching a record high of more than $324 trillion, ABC.AZ reports with reference to the Institute of International Finance.

It is reported that China, France and Germany have contributed the most to the growth of global debt, while debt levels have decreased in Canada, the UAE and Turkey.

Total debt in emerging markets rose more than by $3.5 trillion in the 1st quarter to an all-time high of more than $106 trillion. At the same time, China alone accounted for more than $2 trillion in growth in this indicator. China's public debt to GDP stands at 93% and is expected to reach 100% by the end of the year.

Emerging market debt outside China also reached a nominal record, with Brazil, India, and Poland seeing the largest increases in the dollar value of their debt.