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Debt accumulation in recent years

Global debt has surged in recent years, but the seeds were sown long before COVID-19. Between 2011 and 2019, public debt in a sample of 65 developing countries increased by 18 percent of GDP on average—and by much more in several cases. Learn more.


Manuella Fransicso

Global Director, Macroeconomics, Trade and Investment

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Work With Us In Debt: Management, Transparency, Statistics and Sustainability | World Bank

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