World Bank Debt Statistics:  Borrowing by Low and Middle-Income Economies More than Tripled

Washington, USA, November 13, 2018 //– Borrowing by low and middle-income economies from external official and private creditors surged to $607 billion in 2017 from $181 billion the previous year, the highest level in three years, as net debt inflows surpassed equity inflows for the first time since 2013, the World Bank’s International Debt Statistics 2019 shows.