{
  "id": 18415873,
  "title": "Developing states debt hit record USD9.4trn in 2025: World Bank",
  "url": "https://urgent.news/2026/11/06/developing-states-debt-hit-record-usd9-4trn-in-2025-world-bank",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-06T01:11:11.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40447689/developing-states-debt-hit-record-usd94trn-in-2025-world-bank"
  },
  "original_language": "en",
  "account": "External debt of low- and middle-income nations reached a record USD 9.4 trillion in 2025, a 5.5 percent increase, according to the World Bank. The surge in borrowing and higher costs has raised concerns over the sustainability of debt terms and the effectiveness of capital raised. The annual increase in external debt, the largest since 2021, threatens to impede investments in crucial areas like education, infrastructure, health, and jobs. While access to international finance improved, the poorest countries faced the highest borrowing costs: an average of 8.2 percent on new private-creditor commitments and 9.4 percent on new bonds, the highest rates since 1989. Private creditors and bond issuances rose by nearly 35 percent to USD 251 billion, the highest level in five years. The report cautioned that higher debt service costs could lead to reduced investment, fewer opportunities, and increased vulnerability to shocks in developing countries. The dollar's sharp depreciation contributed to the increase in debt, accounting for over 28 percent of the rise. The World Bank emphasized the need for transparency, stronger standards, and closing data gaps to better understand countries' debt exposure.",
  "summary": "WASHINGTON: Low- and middle-income countries are borrowing more and paying more for new debt, with external debt surging 5.5 percent to a record USD 9.4 trillion in 2025, the World Bank said on Thursday. The Washington-based lender said borrowing through international bond markets had continued in 2026, raising critical questions about “whether the terms are sustainable and whether the capital…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Economic Times",
        "title": "Developing nations' debt hits record $9.4 tn in 2025",
        "url": "https://urgent.news/2026/11/05/developing-nations-debt-hits-record-9-4-tn-in-2025",
        "published": "2026-11-05T15:12:45.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}