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Thursday, 25.04.2024, 07:17
Estonia registers EU's lowest government debt in Q1
BC, Tallinn, 22.07.2015.
Print version
Print versionLatvia's government debt to GDP ratio stood at 35% at the end of the first quarter of 2015 – the fourth lowest government debt across the European Union, according to the latest data from the EU's statistical office Eurostat. Estonia registered the lowest one, writes LETA.
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The lowest ratio of government debt to GDP was registered in Estonia – 10.5%, followed by Luxembourg – 21.6%, and Bulgaria – 29.6%. Lithuania's government debt to GDP ratio amounted to 38.1%, the fifth lowest in the EU.
The highest ratios of government debt to GDP were recorded in Greece – 168.8%, Italy – 135.1%, and Portugal – 129.6%.
According to Eurostat, Latvia's national debt reached EUR 8.459 billion at the end of the first quarter of 2015.
Meanwhile, the EU's total debt was at EUR 12.4 trillion.
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