# Debt of poorest countries at record $9.4tn high, World Bank data shows

- Source: Guardian Business
- Published: 2026-11-05T14:30:25+00:00
- Category: Business
- Original: https://www.theguardian.com/business/2026/nov/05/developing-country-debt-record-94tn-high-world-bank-data
- Canonical: https://groundlevelnews.com/story/debt-of-poorest-countries-at-record-9-4tn-high-world-bank-data-shows-c6585b/

Cost of servicing external debt is preventing developing countries from investing for future Debt owed by developing countries rose to a record $9.4tn (£7tn) last year, with the poorest paying the highest interest rates since the late 1980s, World Bank data shows. The UK government is preparing to champion a “new drive on debt” as part of its presidency of the G20 next year – a move the prime mini

_Ground Level News shows a short summary only; the full article and all rights belong to Guardian Business._