$6T Away From One Quarter Quadrillion: Global Debt Swells to $244T

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via Bloomberg:

  • Key Insights

    • Total government debt exceeded $65 trillion in 2018, up from $37 trillion a decade ago, and rose faster in mature markets
    • Non-financial corporate debt rose to over $72 trillion last year, now near an all-time high of 92 percent of GDP
    • Household debt grew by over 30 percent to $46 trillion helped by strong growth in emerging markets, notably from China; though Czech Republic, India, Mexico, Korea, Malaysia and Chile all recorded more than 20 percent increases since 2016
    • Financial sector indebtedness rose to about $60 trillion, up 10 percent from a decade earlier

 

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