Debt levels and flows
Cyprus debt rises in Q1 2023
Private debt in Cyprus (households and non-financial corporations) was 218% of GDP in Q1 2023, with debt in absolute numbers totaling €60.1 billion, the Central Bank of Cyprus said Tuesday.
Household debt at end-March was €20.2 billion, €200 million higher than at end-2022.
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Cyprus central banker calls for vigilance
Constantinos Herodotou, governor of the Central Bank of Cyprus (CBC), has called for the preservation of fiscal space, as economic prospects are deteriorating due to Russia's war in Ukraine.
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Global debt hits record high with $255T in 2019
Global debt hit an all-time high with $255 trillion in 2019, topping 322% of gross domestic product (GDP), the Institute of
International Finance (IIF) said on April 7.
"Following a moderate rise of $3.3 trillion in 2018, the pace of debt accumulation was much faster at over $10.8 trillion in 2019," the IIF said in a statement.
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Global debt hits all-time high with $253T: Report
Global debt jumped $9.6 trillion to reach $252.6 trillion year-on-year in the third quarter of 2019 -- an all-time high -- the Institute of International Finance said on Jan. 13.
Total debt totaled more than threefold (322 percent) the global GDP, the U.S.-based institute announced.
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Global debt hits record $253 trillion
The global debt-to-GDP ratio hit a new all-time high of over 322 percent in the third quarter of 2019, with total debt reaching close to a record $253 trillion, the Institute of International Finance (IIF) has said.
Total debt across the household, government, financial and non-financial corporate sectors surged by some $9 trillion in the first three quarters of last year.
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Global Debt has Reached a Record USD 233 Trillion
Global debt has grown to a record $ 233 trillion in the third quarter of 2017. That's $ 16 trillion more than at the end of 2016, according to an analysis by the Institute of International Finance, quoted by the Bulgarian National Radio.
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Developing Countries' Debt has Doubled in the Last 10 Years
Developing countries are increasingly attracting debt capital on the domestic market. The sovereign debt of developing countries rose more than double from USD 5.2 trillion in 2007 to USD 11.7 trillion by the end of 2016, according to the Bank of International Settlements (BIS), reported the Financial Times, quoted by BGNES.
IIF: World's debt over three times greater than economic output
Global debt levels have surged to a record $217 trillion in the first quarter of the year. This is 327 percent of the world's annual economic output (GDP), reports the Institute of International Finance (IIF).
Global debt increasing rapidly: Every inhabitant on Earth indebted $20,000
BELGRADE - The world has never in its history been so indebted, and IMF estimates that the total global debt amounts to 152 trillion dollars or 225 percent of global GDP.
When this is converted, it seems that almost every of 7,5 billion inhabitants of Earth owes around $20,000, writes Vecernji.hr.
IMF: World debt to reach record high
A study released by the IMF revealed that private and public debt across the globe have reached unprecedented levels. The report claims the aggregate debt last year exceeded the world’s generated wealth by more than double. Not counting the financial sector, global debt amounted to 152 trillion US dollars at the end of 2015, translated into 255% of world’s nominal GDP.
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