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Home/News/Serbia’s central govt debt narrows to 69.1%/GDP at end January

Serbia’s central govt debt narrows to 69.1%/GDP at end January

Serbia’s central government debt decreased to 24.5 billion euro ($26 billion) at end-January, from 24.8 billion euro at the end of December, data from the country’s Public Debt Administration (PDA) shows.

The debt was equivalent to 69.1% of the projected gross domestic product (GDP), down from 72.9% at the end of 2016.

Including non-guaranteed debt of local governments, the general government public debt stood at 24.9 billion euro.