Estonia's debt to GDP ratio still lowest in EU, but growing
Eestlased Eestis | 21 Apr 2023  | EWR
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Eurostat has released its financial data for debt to GDP ratio at the end of 2022. Estonia still has the lowest ratio of any EU or euro country at 18.4%.

At the end of 2022, the lowest ratios of general government gross debt to GDP were recorded in Estonia (18.4 %), Bulgaria (22.9 %), Luxembourg (24.6 %), Denmark (30.1 %), Sweden (33.0 %) and Lithuania (38.4 %). Thirteen Member States had government debt ratios higher than 60 % of GDP, with the highest registered in Greece (171.3 %), Italy (144.4 %), Portugal (113.9 %), Spain (113.2 %), France (111.6 %) and Belgium (105.1 %).

Compared with 2021, four Member States registered an increase in their debt to GDP ratio at the end of 2022 and 23 Member States a decrease at the end of 2022. Increases in the ratio were recorded in Czechia (+2.1 percentage points - pp), Estonia (+0.8 pp), Finland (+0.4 pp) and Luxembourg (+0.1 pp), while the largest decreases were observed in Greece (-23.3 pp), Cyprus (-14.7 pp), Portugal (-11.5 pp), Ireland (-10.7 pp), Croatia (-10.0 pp) and Denmark (-6.6 pp).
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https://ec.europa.eu/eurostat/...

 
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