World debt reached a historically record level of 296 trillion dollars in the second quarter of 2021. The growth was 4.8 trillion dollars, calculated the Institute of International Finance (IIF).
This number of 36 trillion dollars exceeded the dagedmia. If the rate of borrowing of governments of different countries of the world, banks and corporations will be the same, then the world debt will soon exceed 300 trillion dollars, the Director of the IIF Study Division on the sustainability of Emre Tiftik is confident. In the second quarter, the ratio of world debt to GDP decreased – the total debt load amounted to about 353 percent of GDP, which is 9 percent below the peak value in the first quarter.
Russian State Dolg in the first half of the year of 2021 exceeded 20 trillion rubles, which is 17.7 percent of the projected GDP. For six months, it increased by 7.8 percent.
The level of foreign debt of Russia remains low both in absolute terms and compared with other large economies. According to the strategist of debt markets ITI Capital Sergey Voloboeva, the level of total external debt less than 30 percent of GDP is the best indicator for countries with the same credit ratings.