Increasing global debt percentage, increases protection costs

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Debt service, expenses such as the percentage of GDP for 38 OECD In 2024, in 2024, the countries in 2024, in 2024, sharply increased in 2021 in 2021 due to a global debt report on Thursday. On the contrary, the World Bank estimates that the same group spends 2.4 percent of GDP in 2023.

4.7 percent of GDP in the United States, 2.9 percent in the UK, and 1 percent in Germany.

Debt costs have risen in recent months to prepare bond investors for sustainable inflation in major economies in recent months rise As many government protection and other financial incentives are spent.

The OECD has risks that increased productivity and growing debts are a risk of future borrowing, which will be greater than ever to be larger than ever. “A difficult outlook” for global debt markets stressed.

Sovereign debt According to the OECD report, in 2024 in 2024 in 2024 in 2024, in 2024, a high-income group of new income countries in 2024 and $ 2024 compared to $ 2024 to $ 2024. The wave of debt caused concerns about sustainability in countries such as England, France and even the United States.

The large debt burden itself is “not negative”, Carmine Di Noia, said that OECD was the director of the financial and enterprise.

In the last 20 years, many debt, since the 2008 financial crisis and the Covid-19 pandemia, “Now you need to go to the level of investment without recovery, such as spending in infrastructure and climate projects,” it is necessary to invest. ”

“Borrow should increase growth, so governments can finally be” debt-free reduction and actually reduce. ”

But the picture is complicated A higher bond productmakes the existing debt become more expensive to refinance.

The report noted that 45% of OECD Sovereign debt will grow by 2027. “There is a majority in favorable conditions,” he said.

According to OECD, in addition to expensive debt-service conditions, it is a changing profile of sovereign bondholders. As politicians opened the urgent bonds program, the Central Bank’s government bonds fell to $ 3 billion in the 2021 peak, and this year is expected to fall to $ 1 billion this year.

This means that they say that Private Investors – Di Noia says the “more price sensitivity” – the difference will solve the difference. Open and more “magnified geopolitical and macroeconomic uncertainty” are exposed to more volatility than the sensitivity.