🚨 Fitch Warns Developed Market Debt to Hit Record $75.8T
• Fitch Ratings expects developed market government debt to rise by $4.2 trillion in 2026, reaching a record $75.8 trillion.
• Government debt is projected to reach 104% of GDP by year-end, up from 68% two decades ago.
• US debt-to-GDP is forecast to rise from 120% in 2026 to 131.5% by 2030, while Japan remains highest at nearly 192%.
• Fitch said defence spending, ageing populations, and climate costs will keep government deficits elevated for years.
• Fitch Ratings expects developed market government debt to rise by $4.2 trillion in 2026, reaching a record $75.8 trillion.
• Government debt is projected to reach 104% of GDP by year-end, up from 68% two decades ago.
• US debt-to-GDP is forecast to rise from 120% in 2026 to 131.5% by 2030, while Japan remains highest at nearly 192%.
• Fitch said defence spending, ageing populations, and climate costs will keep government deficits elevated for years.