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World debt is 313 percent of global GDP

The size of global debt, per se, doesn't tell us a lot about geopolitics or the various relationships of debt that combine to produce a figure of global indebtedness. Nonetheless, the vast size of global debt, reported by the Wall Street Journal at $223.3 trillion (313 percent of global GDP) is noteworthy insofar as it is contextualized. A new report on global indebtedness by economists at ING found that debt in developed economies amounted to $157 trillion, or 376 percent of GDP. Emerging-market debt totaled $66.3 trillion at the end of last year, or 224 percent of GDP.