Analytics, Budget, EU – Baltic States, Financial Services, Statistics

International Internet Magazine. Baltic States news & analytics Monday, 21.09.2020, 15:47

Eurozone's smallest government sector debt in 2016 recorded in Estonia

BC, Riga, 24.04.2017.Print version
In 2016 the smallest government sector debt in the euro area was recorded in Estonia, where it totaled 9.5% of GDP, Eurostat reports.

The eurozone's average government sector debt was 89.2% of GDP, compares with 90.3% in 2015.

The average government sector budget deficit was 1.5%in the eurozone. In Estonia the state budget saw a surplus of 0.3%. The biggest budgetary surplus was recorded in Luxembourg, Malta and Sweden -- respectively 1.6%, 1 percent and 0.9%.

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