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IMF warns global public debt could reach 100% of GDP by 2030
The IMF warns public debt is rising in 80% of world economies post-pandemic and could hit 100% of global GDP by the end of this decade.
Global public debt is now higher in 80% of world economies than before the pandemic, and still growing. The IMF's latest fiscal report warns it could reach 100% of global GDP by the end of this decade if current trends hold.
Geopolitical and economic uncertainty adds further pressure, threatening financial resilience worldwide. Governments face harder choices about where to direct public investment as fiscal space shrinks.
Why it mattersA global debt-to-GDP ratio of 100% would constrain government spending on research, health and climate for years to come.
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