TNPSC Thervupettagam

World of Debt Report 2025

July 5 , 2025 15 hrs 0 min 11 0
  • The United Nations Conference on Trade and Development (UNCTAD) released the World of Debt Report 2025 highlighting rising global public debt.
  • Global Public Debt (GPD) hit a record $102 trillion in 2024.
  • If these trends continue, debt could reach 100% of global Gross Domestic Product (GDP) by 2030.
  • Developing countries hold $31 trillion but their debt is growing twice as fast as in developed nations since 2010.
  • Asia and Oceania hold 24% of the global public debt; Latin America and the Caribbean 5%; Africa 2%.

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