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Einar H. Dyvik
Research expert covering Nordics and global data for society, economy, and politics
Get in touch with us nowOf the developing regions in the world, countries in Asia and Oceania as well as Latin America and the Caribbean recorded the highest public debt rate levels in 2023 at over 70 percent of the gross domestic product. High debt levels and borrowing costs are a significant problem for countries already struggling with poor government finances. For instance, borrowing costs in Africa are almost four times higher than in the U.S.
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Global and regional data
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Impact of the coronavirus (COVID-19) on global GDP
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* For commercial use only
Basic Account
Starter Account
The statistic on this page is a Premium Statistic and is included in this account.
Professional Account
1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.