Global debt hits $215 trillion in 2016, led by emerging markets
By GCRU Gold News on Tuesday, April 4 2017, 03:22 - Permalink
Global debt rose to 325 percent of the world's gross domestic product in 2016, totalling $215 trillion, an Institute for International Finance report released on Monday showed, boosted by the rapid growth of issuance in emerging markets.
Global debt has risen more than $70 trillion in the last decade to a record high for debt issuance, the institute said.