Global Debt Hits a Record High: Reached 318 Trillion Dollars by 2024
Global debt soared by around 7 trillion dollars last year, climbing to 318 trillion dollars and hitting a new record. When considering the ratios of debt to GDP in Turkey, household debt fell to 10%, non-financial corporate debt to 39.7%, public debt to 26.6%, and debt of financial entities like banks to 16.3% in the […]