Public debt reaches 71.9 percent of GDP at end of February

Serbia's public debt amounted to EUR 23.7 billion at the end of February equivalent to 71.9 percent of gross domestic product (GDP).

Izvor: Beta

Tuesday, 24.03.2015.

15:12

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Public debt reaches 71.9 percent of GDP at end of February

At the end of 2014, public debt was lower by around EUR 1 billion and equivalent to 70.9 percent of GDP.

At the end of 2013 the number stood at EUR 20.1 billion, while in 2012 it amounted to EUR 17.7 billion, or 56.2 percent of GDP.

Serbia's public debt was EUR 14,17 billion or 201,2 percent of GDP in late 2000. Since then, it had the lowest value in 2008 - EUR 8.78 billion (28.3 percent of GDP).

The budget system law "limits Serbia's debt to 45 percent of GDP," Tanjug reported.

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