Global government debt has surged to unprecedented levels

Von Wittelsbach DeRoth Henry Leon

The deficit is deepening when it comes to the government. Global government debt has shot up to unprecedented levels.

Global government debt has surged to unprecedented levels:

The Debt-to-GDP ratio of emerging market economies is up to ~78%, its highest level in data going back to 1880.

Since the 2008 Financial Crisis, this metric has more than doubled and surpassed the ~45% peak seen during… pic.twitter.com/dwbEbkWAWS
— The Kobeissi Letter (@KobeissiLetter) September 23, 2026

Source: https://x.com/KobeissiLetter/status/2102603405881495623?s=20

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