Saturday, January 06, 2018

Debt Figures

Global debt hit an all-time high of $233 trillion (£169 trillion) in the third quarter of 2017, according to the Institute of International Finance (IIF). That’s a $16 trillion increase in debt levels at the end of 2016 and more than three times the size of the global economy.
 $68 trillion, the largest chunk, belongs to non-financial companies.
The next biggest borrowers are governments around the world, which have $63 trillion in debt.
Financial institutions have $58 trillion of borrowings.
Finally, there are households, with total debt of $44 trillion.

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