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Global Debt Hits Record $337.7 Trillion After $14 Trillion Q2 Surge

World debt climbed by $21 trillion in the first half of 2025, matching the pace seen during the pandemic-driven spike in late 2020.

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Terms & Concepts
  • Global Debt: The combined total of all public and private debt accumulated globally, including government, corporate, and household borrowings.
  • Pandemic-Driven Debt Spike: A sharp increase in worldwide debt levels observed in late 2020, largely due to fiscal measures and economic support during the COVID-19 pandemic.
  • Quarterly Debt Growth: The change in total debt levels measured over a specific three-month period.