Business Debt Accounts for Half of the World's $315 Trillion Debt

What We’re Showing

This graphic breaks down $315 trillion in global debt, including global GDP for context. Data is from the Global Debt Monitor and the International Monetary Fund as of May 2024.

Key Takeaways 

• Global debt reached an all time high of $315 trillion in Q1 2024. 
• It is almost three times the global gross domestic product (GDP), which amounted to $109.5 trillion in 2024.
• Household debt, which includes things like mortgages, credit card and student debt, accounts for $59.1 trillion. 
• Business debt amounts to $164.5 trillion, with the financial sector accounting for $70.4 trillion of that total.