Lower-Income Nations Face Highest Debt Costs Since 1989: World Bank

Emerging economies' external debt reached $9.4 trillion in 2025, the World Bank reported. Lower-income nations faced borrowing costs at levels not seen since 1989, according to the World Bank data. The increase in external debt was attributed partly to these elevated borrowing costs in poorer nations.

• Bloomberg — Lower-Income Nations Face Highest Debt Costs Since 1989: World Bank

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