The International Monetary Fund revealed that the global debt reached $ 235 trillion by the end of 2022, an increase of $ 200 billion higher than its level in 2021.
According to the International Monetary Fund, the global debt burden remains well above pre-COVID-19 levels despite a decline in its share of total economic output last year. According to the IMF, debt (public and private) reached 238 percent of global GDP last year, up nine percentage points from 2019. The IMF showed that the slowdown of public debt more than private debt is the reason for the slowdown in debt levels.
Source (Al-Arabiya.net Website, Edited)
