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Tuesday, 23.04.2024, 09:06
Latvia had EU's 2nd largest share of non-residents in structure of government debt in 2016
BC, Riga, 20.06.2017.
Print version
Print versionLast year, non-residents’ share in the structure of Latvia’s government debt was the second highest in the European Union (EU), with non-residents holding 72.4% of Latvia’s government debt, the latest Eurostat data shows.
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The highest share of non-residents in the structure of
government debt, or 79.4%, was recorded in Cyprus.
Countries with a slightly lower share of government debt
held by non-residents included Austria (71.3%), Finland (69.8%), Lithuania
(69.3%), Slovenia (67.1%) and Estonia (65%).
In 2016, residents held 24% of the Latvian financial
sector’s debt, which was the second lowest figure among EU member states
reporting their data.
The lowest share of financial sector debt held by residents
was recorded in Cyprus (17.3%), while in Lithuania the figure was 27.1% and in
Estonia 34.1%.
Apart from the financial sector, residents had lent 36% of
Latvia’s government debt.
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