Story perspectives

Global Debt Soars to $109 Trillion Amid Inflation Concerns

3/5/2026

Summary

Story summary

Global debt reached $109 trillion in 2025, increasing from $100 trillion in 2024, as reported by the OECD.
OECD countries' debt hit a record $61 trillion, with refinancing needs at $13.5 trillion, representing 80% of gross issues.
Rising borrowing costs are prompting governments and corporations to issue shorter-term debt, which raises refinancing risks.
Inflation concerns, fueled by rising energy prices, are pressuring bond yields and financial stability.
Emerging markets are particularly vulnerable, with a significant portion of their debt maturing within three years.

1 of 1

Story summary

Global debt reached $109 trillion in 2025, increasing from $100 trillion in 2024, as reported by the OECD.
OECD countries' debt hit a record $61 trillion, with refinancing needs at $13.5 trillion, representing 80% of gross issues.
Rising borrowing costs are prompting governments and corporations to issue shorter-term debt, which raises refinancing risks.
Inflation concerns, fueled by rising energy prices, are pressuring bond yields and financial stability.
Emerging markets are particularly vulnerable, with a significant portion of their debt maturing within three years.