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Total global debt dips, but emerging market debt hits record high

November 17, 2021

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Global debt dipped in the third quarter though it remained near the record high set in June, while debt in emerging markets hit a fresh record high of $92.5 trillion, a report showed on Wednesday.

Total debt, including that owed by governments, households and companies, dipped to $296 trillion at the end of September, after an increase to record highs in the second quarter. It stands about $36 trillion above pre-pandemic levels.

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