Comment & Analysis
Global debt declines by $4tn in 2022 on stronger growth and inflation
The nominal value of global debt declined by $4 trillion to below $300 trillion in 2022, helped by stronger growth momentum and an inflation-driven rise in borrowing costs. “Following a substantial surge in 2020-2021 during the pandemic, the global debt pile shrank … to $299 trillion in 2022. This marks…
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