May 9 (SeeNews) - Serbia's public-debt-to-GDP ratio edged down at the end of March to 47.7% of the gross domestic product (GDP) projected for 2024, down from 47.8% a month earlier, finance ministry figures showed.
Serbia's public debt reached 36.342 billion euro ($39.042 billion) at the end of March, down from 36.424 billion euro a month earlier, the finance ministry said in a statement earlier this week.
At the end of 2023, the debt-to-GDP ratio stood at 52.0%, down from 55.1% at the end of 2022. Still, the debt volume rose to 36.153 billion euro at the end of last year, from 33.326 billion euro at end-2022.
The country's public debt structure follows, in billions of euro, as given by the finance ministry:
|
end-March 2024 |
end-Feb 2024 |
Total public debt |
36.342 |
36.424 |
- Direct liabilities |
34.532 |
34.580 |
-- internal debt |
10.373 |
10.342 |
-- external debt |
24.159 |
24.237 |
- Indirect liabilities |
1.810 |
1.845 |
-- internal debt |
0.496 |
0.521 |
-- external debt |
1.314 |
1.324 |
($ = 0.931 euro)