Edition 3, May 2023
Janus Henderson Sovereign Debt Index
The Sovereign Debt Index is a long-term study into trends in government indebtedness around the world, the investment opportunities this provides and the risks it presents. It measures the extent to which the world’s governments are financing themselves with borrowings and how affordable and sustainable those borrowings are, comparing and contrasting trends around the world.
Global government debt
Rose to a record
GLOBAL GOVERNMENT DEBT ROSE 7.6% TO A RECORD US$66.2 TRILLION IN 2022
Interest paid
On sovereign debt
HIGHER INTEREST RATES MEANT GOVERNMENT INTEREST BILLS SOARED 20.9%, THE FASTEST RATE OF INCREASE SINCE 1984
Higher interest rates
Rose by three quarters
INTEREST PAID ON SOVEREIGN DEBT REACHED A RECORD US$1.38 TRILLION IN 2022 AND WILL DOUBLE IN THE NEXT THREE YEARS
