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Global Non-Household Debt Hits $150 Trillion in 2025

10/1/2025

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Summary

Story summary

Global non-household debt rose to $150 trillion in Q1 2025, up 6% from Q1 2024.
The United States leads with $58.8 trillion; China has $26.1 trillion and Japan $11.1 trillion.
Developed markets dominate, comprising 14 of the top 15 countries.
Africa faces debt distress, with over 20 high-risk countries, affecting government revenues, policies, and investor considerations.

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Story summary

Global non-household debt rose to $150 trillion in Q1 2025, up 6% from Q1 2024.
The United States leads with $58.8 trillion; China has $26.1 trillion and Japan $11.1 trillion.
Developed markets dominate, comprising 14 of the top 15 countries.
Africa faces debt distress, with over 20 high-risk countries, affecting government revenues, policies, and investor considerations.