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Romania's foreign debt rises to 169 bln euro in 2023

Feb 13, 2024, 3:12:11 PMArticle by Razvan Timpescu
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February 13 (SeeNews) - Romania's gross external debt increased to 168.812 billion euro ($182.063 billion) at the end of 2023 from 143.886 billion euro a year earlier, the central bank said on Tuesday.

Romania's foreign debt rises to 169 bln euro in 2023
Romania's foreign debt. (Author: SeeNews). License:all rights reserved.

The end-2023 figure includes 121.162 billion euro in long-term external debt, up 18.6% against the end of 2022, the central bank, BNR, said in a monthly balance of payments report.

Long-term external debt service ratio came in at 17.4% at the end of last year, compared to 17.9% at the end of 2022.

The ratio of the BNR’s foreign exchange reserves to short-term external debt by remaining maturity increased to 97.4% at the end of 2023, from 82.4% at the end of 2022.

Details follow (in billions of euro):

end-2023 end-2022
Total external debt 168.812 143.886
-long-term external debt 121.162 98.638
-short-term external debt 47.650 45.248

Source: BNR

($=0.9271 euro)

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