The worldwide volume of public and private debt reached a record $184 trillion in 2017, according to a review of the International Monetary Fund (IMF) which is equivalent to 225% of global GDP, Bloomberg reported.
On average, global debt now exceeds $86,000 per person, which is more than 2.5 times the average per capita income.
The three largest world borrowers are the US, China and Japan. These countries account for over half of the global debt, which exceeds their share in global production, the fund said.