International Economic Forecast: Global Public Debt Soon to Exceed 100% of the World’s GDP
In the coming years, the global economy faces significant challenges as international financial experts warn that the worldwide public debt is approaching a critical milestone of 100% of the global gross domestic product (GDP).
According to data from the International Monetary Fund (IMF), while global growth remains sluggish, it is not decelerating as rapidly as forecasts made six months ago.
This adjustment is largely due to the fact that high tariffs initially announced by the United States and other nations earlier this year have been subsequently reduced or eliminated through new agreements and international negotiations.
Despite these adjustments, the overall economic environment remains turbulent, characterized by high levels of uncertainty and diverse risks across markets worldwide.
Inflation rates are slowing down but still remain significantly above target levels in many countries.
The IMF emphasizes that the main priorities for almost all member countries are to improve public financial management, reduce internal and external imbalances, and promote sustainable economic growth.
Under the main forecast scenario, inflation is expected to decline to 4.2% in 2025 and further to 3.7% in 2026.
Projections also indicate that by 2029, global public debt will surpass 100% of GDP, and under an alternative scenario, this ratio could reach 125% by 2030, raising serious concerns about economic stability worldwide and the need for decisive risk management measures.