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Serbia's debt-to-GDP ratio falls to 47.7% in March

May 9, 2024, 10:12:22 AMArticle by Iskra Pavlova
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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 debt-to-GDP ratio falls to 47.7% in March
serbia.com

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)

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