China, France, USA, Germany, Great Britain and Japan have recorded the largest increase in the US dollar debt level.
The global debt at the end of the second quarter reached a record of 337.7 trillion dollars, which caused the alleviation of global financial conditions, the weakening of the US dollar and a more concession position of the main central banks. Reuters reported it.
According to the Institute of International Finance (IIF), the global debt grew more than 21 trillion dollars in the first half of 2025 to $ 337.7.
China, France, USA, Germany, Great Britain and Japan have recorded the largest increase in the US dollar debt level, though it is partly due to the weakening of the dollar.
Since the beginning of the year, American money has weakened 9.75% related to the basket of the currency of major trading partners.
“The size of this growth is comparable to growth, which is observed in the second half of 2020, when political measures related to pandemia have led to the uninterrupted accumulation of global debt,” said the Global Debt Monitor’s report.
If you look at the loan ratio to GDP (the ability to repay the debt compared to the products), then sharp growth is observed in Canada, China, Saudi Arabia and Poland. According to the report, this ratio dropped to Ireland, Japan and Norway.
The total debt of developing countries in the second quarter increased by $ 3.4 trillion to a record level of over $ 109 trillion.
According to the IIF, debt growth occurs mainly due to public debt, which has grown strongly in G7 and China countries.
Earlier it was reported that at the equivalent of the dollar the total world debt increased to 251 trillion American dollars.
Keep in mind that the total state value and the debt guaranteed by the state of Ukraine by the end of July reached 186.13 billion dollars, rising $ 1.29 billion a month.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.