January 21 (SeeNews) - Slovenia recorded the largest annual decrease in government debt-to-GDP ratio in the third quarter of last year among the EU member states, figures released by the statistical office of the 28-nation bloc showed on Monday.
Slovenia's general government gross debt amounted to 32.1 billion euro ($36.4 billion) at the end of the review period, or 71% of gross domestic product (GDP), a drop of 8 percentage points year-on-year, Eurostat said in a quarterly report on Monday.
Compared with the third quarter of 2017, the government debt-to-GDP ratio fell in the EU28 from 82.5% to 80.8 %.
In general, government debt-to-GDP ratio decreased in the EU in the third quarter of 2018, with the highest ratios recorded in Greece (182.2 %), Italy (133.0%) and Portugal (125.0%).
The lowest debt-to-GDP ratios were recorded in Estonia (8.0%), and Luxembourg (21.7%).
Details on 2018 Q3 debt-to-GDP ratio of four EU member states in Southeast Europe follow:
($ = 0.8799 euro)
|
Debt-to-GDP, pct |
Change in pct points y/y |
Croatia |
74.5% |
-4.0 |
Bulgaria |
23.1% |
-2.9 |
Slovenia |
71.0% |
-8.0 |
Romania |
33.9% |
-1.6 |