Developing countries' debt reaches record $9.4 trillion, World Bank reports

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Debt owed by developing nations hit a record $9.4 trillion last year, according to World Bank data. The poorest countries are facing the highest interest rates on external debt since the late 1980s, constraining their ability to invest in future development.
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Debt of poorest countries at record $9.4tn high, World Bank data shows (opens The Guardian in a new tab)
Cost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data…
Developing nations' debt hits record $9.4 tn in 2025 (opens The Economic Times in a new tab)