Answer: United Nations Conference on Trade and Development (UNCTAD)
Notes: Recently, the United Nations Conference on Trade and Development released the A World of Debt Report 2025, highlighting a global debt surge worsened by recent crises. Global Public Debt reached a record $102 trillion in 2024. It may rise to 100% of Gross Domestic Product by 2030 if current trends continue. Developing countries hold less than one-third ($31 trillion) of this debt, but their debt has grown twice as fast since 2010. In developing regions, Asia and Oceania account for 24%, Latin America and the Caribbean 5%, and Africa 2% of global public debt. Developing countries face borrowing costs two to four times higher than the United States.
