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$69 Trillion of World Debt in One Infographic

Two decades ago, total government debt was estimated to sit at $20 trillion.

Since then, according to the latest figures by the IMF, the number has ballooned to $69.3 trillion with a debt to GDP ratio of 82% — the highest totals in human history.

Which countries owe the most money, and how do these figures compare?

The Regional Breakdown

Let’s start by looking at the continental level, to get an idea of how world debt is divided from a geographical perspective:

Region
Debt to GDP
Gross Debt (Millions of USD)
% of Total World Debt
World
81.8%
$69,298
100.0%
Asia and Pacific
79.8%
$24,120
34.8%
North America
100.4%
$23,710
34.2%
Europe
74.2%
$16,225
23.4%
South America
75.0%
$2,699
3.9%
Africa
56.9%
$1,313
1.9%
Other
37.1%
$1,231
1.8%

In absolute terms, over 90% of global debt is concentrated in North America, Asia Pacific, and Europe — meanwhile, regions like Africa, South America, and other account for less than 10%.

This is not surprising, since advanced economies hold most of the world’s debt (about 75.4%), while emerging or developing economies hold the rest.

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This article was written by Jeff Desjardins and originally appeared on Visual Capitalist. Read the original article on VisualCapitalist.com

Tags: infographics

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