US EditionGlobal debt exceeds $100 trillion as interest costs surge, OECD says
- Global debt has surpassed $100 trillion, with interest payments now the largest financial burden for wealthy nations since 2007, according to an OECD report cited by Financial Times.
- Debt service costs in the 38 OECD countries rose to 3.3% of GDP in 2024, up from 2.4% in 2021, as reported by OECD's Global Debt Report.
- Carmine Di Noia from the OECD highlighted the need to shift from recovery to investment in infrastructure and climate projects to stabilize and reduce the debt-to-GDP ratio in the future.
29 Articles
29 Articles
The world debt exceeded 100 trillion (100 trillions) due to the high interest rates since 2021 and especially in 2024. According to the Organisation for Economic Cooperation and Development (OECD), this increase in interest costs forces borrowers to make difficult decisions and give priority to productive investments.Read more]]>
OECD Global Debt Report: Borrowing has nearly tripled since 2007
The Organisation for Economic Cooperation and Development (OECD) has released its Global Debt Report for 2025, and the conclusion is that the world is practically drowning in debt at record levels. As European nations pledge to boost their defence spending in the face of a new transatlantic security reality, and as burgeoning trade wars threaten to raise prices faster, are countries able to achieve growth while keeping borrowing in check? FRANCE…
The huge accumulated debt of governments and companies globally makes loans more expensive, which is why debtors need to be more careful about how they use money.Everything is reflected in the economy, because in the coming years, more countries and companies have to give back large tranches of money and then get refinancings. Instead of rising, investment falls. Poor countries will be the most affected, with more than 50 percent of their debt m…
Global debt at $100tr as interest costs soar
The outstanding government and corporate bonds globally exceeded $100 trillion last year, the Organisation for Economic Cooperation and Development (OECD) said on Thursday, with rising interest costs leaving borrowers facing tough choices and needing to prioritise productive investments. Between 2021 and 2024, interest costs as a share of output rose from the lowest to the highest in the last 20 years. Spending by governments on interest payment…
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