107 days ago • Posted by Martin Boujol
Corporate debt on the rise
As you might know, the pandemic has not spared any country, and the corporate debt of many has seen a significant rise. While the data is only available until 2Q2020, it already gives us an insight about the rise. France places itself as number one, due to the many loans taken with relatively low interest rates. China also saw a strong corporate debt increase, which is all the more worrying as this is happening despite a strong GDP growth. Thankfully, other emerging countries such as India, Brazil and Indonesia seem to have been spared, with a corporate debt staying at relatively low level in recent years.
Source: Statista, Bank for International Settlements