Global Debt Reaches Record High as New Wave of Borrowing Emerges: IIF Report

Karachi:The Institute of International Finance (IIF) has warned that a new surge in global borrowing is underway, with worldwide debt rising sharply in the first nine months of 2025.

According to the IIF report, global debt increased by **$26 trillion** during this period, bringing the total to an unprecedented **$346 trillion**.

The report states that **non-financial corporate debt** is approaching **$100 trillion**, highlighting growing financial pressures across major economies.

The IIF also noted that rising demand for **artificial intelligence (AI)** technologies and **clean energy** is driving the surge in borrowing, a shift that is expected to transform global markets in the coming years.

Additionally, the report reveals that **global household debt** has climbed by **$4 trillion**, reaching **$64 trillion**, underscoring the growing financial strain on families worldwide.