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Romania's foreign debt rises to 93.954 bln euro in 2017 - table

Romania's foreign debt rises to 93.954 bln euro in 2017 - table Romania's foreign debt. (Author: SeeNews). License:all rights reserved.

BUCHAREST (Romania), February 13 (SeeNews) - Romania's foreign debt rose to 93.954 billion euro ($116 billion) at the end of 2017 from 92.91 billion euro a year earlier, the central bank, BNR, said on Tuesday.

The end-2017 figure includes 68.754 billion euro in long-term foreign debt, down from 69.645 at the end of 2016, BNR said in its 2017 balance of payments report, citing provisional data.

Short-term external debt amounted to 25.200 billion euro at end-2017, or 26.8% of total external debt, up 8.3% year-on-year.

Long-term external debt service ratio fell to 20.4% at the end of 2017 from 30% at end-2016.

The ratio of BNR’s foreign exchange reserves to short-term external debt by remaining maturity was 86.4% at end-2017, down from 90.5% at end-2016.

The cover of imports of goods and services decreased to 5.4 months at end-2017 from 6.3 months at end-2016.

Details follow (in billions of euro):

  end-2017 end-2016
Total external debt 93.954 92.910
- long-term external debt 68.754 69.645
- short-term external debt 25.200 23.265

source: BNR

($=0.8103 euro)

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