Global Sovereign Debt Hits $365 Trillion as Borrowing Costs Surge

Global Sovereign Debt chart displaying $365 trillion total debt and rising borrowing costs in 2026.

Global sovereign debt reached a record $365 trillion at the end of June 2026, driven by a massive borrowing surge across advanced and developing economies. Governments, households, and non-financial corporations accumulated $10 trillion in new liabilities during the first six months of 2026 alone. This sharp rise pushes the average global debt burden to roughly … Read more