Ammon News - The Institute of International Finance (IIF) revealed that global debt reached a record high of $348 trillion by the end of 2025, marking one of the highest levels in history and reflecting a sharp annual increase of $29 trillion the fastest pace of growth since the COVID-19 pandemic.

According to data reported Friday by CNN, approximately $10 trillion of the total increase stemmed from government borrowing, underscoring the central role of public-sector debt in driving the recent surge in global indebtedness.

In terms of distribution, governments hold the largest share of global debt, totaling $106.7 trillion. Corporate debt follows at $100.6 trillion, while household debt stands at $64.6 trillion.

Overall, global debt now represents roughly 308 percent of the world’s gross domestic product (GDP), meaning total liabilities amount to more than three times the value of the global economy’s annual output.