The International Monetary Fund (IMF) has reported that global debt as a percentage of economic output declined for the second consecutive year in 2022. However, this decline may be coming to an end as the post-COVID growth surge fades. The IMF's Global Debt Database revealed that the world's total debt to-GDP ratio fell to 238% in 2022 from 248% in 2021 and 258% in 2020.
