The size of the world’s public debt this year may break records

The total volume of public debt of all countries in the world will increase sharply this year, according to a study of the British asset management company Janus Henderson. According to its forecast, by the end of the year it will rise by 9.5% to $71.6 trillion, which would be a record figure in the history of monitoring. For comparison, last year the figure was $65.4 trillion, and its growth rate was 7.8%. Interfax wrote about it referring to the TV channel CNBC. According to the forecast, global spending on debt service this year will grow by 14.5% to $1.16 trillion. Last year they were $1.01 trillion, the company said. According to its estimates, the most significant increase in the cost of debt is expected in the United Kingdom, and the volume of public debt in the United States, China and Japan. However, according to the company's analysts, the increase in this volume in varying degrees will occur in most states.