2012-10-24 17:57

Lithuania’s debt-to-GDP ratio remains among lowest in EU

Lithuania’s government debt totaled 44.157 billion litas (EUR 12.8b) at the end of June and equaled some 40.4 percent of the country’s gross domestic product (GDP), which was one of the lowest ratios among EU-27, data from the Eurostat shows.

. / Tomo Urbelionio/BFL nuotr.

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Temos: 1 Eurostatas

Lower ratios were only registered in Sweden (37.3 percent of GDP as of late June), Romania (35.6 pct), Luxembourg (20.9 pct), Bulgaria (16.5 pct) and Estonia (7.3 pct).

The highest debt-to-GDP ratio at the end of June was recorded in Greece (150.3 pct), followed by Italy (126.1 pct) and Portugal (117.5 pct).

Latvia’s government debt accounted for 43 percent of the country’s GDP at the end of June.

The debt-to-GDP ratio in the EU-27 was 84.9 percent, and in the euro zone alone, 90 percent.

Lithuania’s debt-to-GDP ratio remains among lowest in EU

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