EconomyDeveloping countries’ total debt reaches record $9.4 trillion, World Bank says
Developing nations’ external debt rose 5.5% in 2025 to a record $9.4 trillion, the World Bank said, marking its fastest increase since 2021. Debt among countries eligible for concessional financing through the bank’s International Development Association climbed 8.1% to $1.3 trillion. Low- and middle-income countries paid $1.4 trillion in principal and interest, up 1.9%.
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TASS★★★☆☆2026-11-05 15:11Original
Developing countries’ total debt reaches record $9.4 trillion, World Bank says