Global debt is on course to end 2019 at a record high of more than $255 trillion, the Institute of International Finance estimated on Friday -- nearly $32,500 for each of the 7.7 billion people on planet.
The amount, which is also more than three times the world's annual economic output, has been driven by a $7.
5 trillion surge in the first half of the year that shows no signs of slowing.
Around 60% of that jump came from the United States and China. Government debt alone is set to top $70 trillion this year, as will overall debt.