October 31 (SeeNews) - Romania had a government debt-to-GDP ratio of 27.1% in 2018, the second-lowest in the European Union after Ireland, the bloc's statistical office Eurostat said.
Bulgaria's debt-to-GDP ratio of 29.9% was the third-lowest among 28 EU member states at the end of last year - below the EU average of 40.3%, Eurostat said in a statement on Wednesday.
Greece posted the highest government debt-to-GDP ratio of 41.5% among members of the EU in Southeast Europe.
On an annual comparison basis, Romania posted the second-highest increase in its debt-to-GDP ratio. The country posted a debt-to-GDP ratio of 25.8% in 2017.
Details about EU member states from SEE follow (in %):
|
Debt-to-GDP ratio, 2018 |
Bulgaria |
29.9 |
Croatia |
38.6 |
Greece |
41.5 |
Romania |
27.1 |
Slovenia |
37.9 |
EU average |
40.3 |
source: Eurostat