OREANDA-NEWS  Global public debt will continue to grow, exceeding 100% of total GDP in 2029, and this will be the highest level since 1948, according to a RAS study reviewed by RIA Novosti.

"Most countries continued to increase government borrowing. As a result, by the end of 2025, the total national debt of all countries of the world is expected to reach 95% of global GDP, and in 2029 it will exceed 100%. This is likely to be the highest level of public debt in the world since 1948," analysts predict.

"At the same time, the share of countries in the global economy whose public debt exceeds 100% of national GDP will grow, but their number will decrease," they add.