Friday, November 15, 2024
HomeEconomyGlobal debt set a new record. In relation to GDP, it...

Global debt set a new record. In relation to GDP, it is declining again

Published on

(Teleborsa) – The Global debt – This includes public debt, households, businesses and banks Increased $ 4.8 trillion per share $ 296 trillion In the second quarter of 2021, a new record was reached. A new report by the Institute of International Finance (IIF) states that global debt has risen again after a slight decline in the first quarter and is now $ 36 trillion more than it was before the epidemic.

Led to an increase in global debt Families – added $ 1.5 trillion in debt in the first half of the year – led by the US, China and Brazil. At the same time, government and corporate debt increased by $ 1.3 trillion and $ 1.2 trillion, respectively, in the first half of the year. The increase in debt was the strongest Emerging markets, Total debt increased by $ 3.5 trillion in the second quarter, sending remittances to $ 92 trillion in total.

At the same time, the The debt-to-GDP ratio has declined For the first time since the onset of the epidemic, thanks to a return to economic growth. This figure is down nine percentage points – from the three-month premium peak in 2021 – to 353% Of the global gross domestic product.

“In most cases the recovery is not strong enough to bring the debt ratio below the pandemic pre-level,” Emre Tiftyk, director of sustainable research at IIF, wrote in the report. Excluding the economic sector, only Mexico, Argentina, Denmark, Ireland and Lebanon have lower pre-pandemic debt ratios, the report said. as well as, Observed in 51 of 61 countries They have seen a decline in the amount of debt compared to GDP.

See also  The Belgians want to take over Achen Publishing Company

(Photo: © Moodboard Moodboard / 123RF)

Latest articles

Ireland: Dáil adopts report in favor of euthanasia

Yesterday, the Dail The "Assisted Dying" report was approved by...

Expert Picks: Best Glue Options for Acrylic Nails

Acrylic nails have become a beauty staple for many, offering a durable and stylish...

One day, one photo… this Halloween (obviously) from Ireland

There are photos that stand out, make you dream or make you ask questions....

After battering Ireland this weekend, Storm Ashley will move over France

AFP Videos - FranceSpain: More than 70 dead, many missing in Dantesque floodsDevastating floods...

More like this

Ireland: Dáil adopts report in favor of euthanasia

Yesterday, the Dail The "Assisted Dying" report was approved by...

Expert Picks: Best Glue Options for Acrylic Nails

Acrylic nails have become a beauty staple for many, offering a durable and stylish...

One day, one photo… this Halloween (obviously) from Ireland

There are photos that stand out, make you dream or make you ask questions....