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Serbia's debt-to-GDP ratio falls to 47.6% in April

Jun 4, 2024, 3:00:56 PMArticle by Iskra Pavlova
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June 4 (SeeNews) - Serbia's public-debt-to-GDP ratio edged down at the end of April to 47.6% of the gross domestic product (GDP) projected for 2024, from 47.7% a month earlier, finance ministry figures showed on Tuesday.

Serbia's debt-to-GDP ratio falls to 47.6% in April
Debts (Author: investopedia.com) License: all rights reserved.

Serbia's public debt dropped to 36.304 billion euro ($39.361 billion) at the end of April, from 36.342 billion euro a month earlier, the finance ministry said in a statement.

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.

Following is the country's public debt structure, in billions of euro, as given by the finance ministry:

end-April 2024 end-March 2024
Total public debt 36.304 36.342
- Direct liabilities 34.499 34.533
-- internal debt 10.326 10.373
-- external debt 24.173 24.160
- Indirect liabilities 1.805 1.810
-- internal debt 0.498 0.496
-- external debt 1.307 1.314

($ = 0.922 euro)

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