Serbia's public debt steady at 52 pct of GDP at end-October

Serbia's public debt stood at 23.97 bln euros at the end of October 2019, which is a slight change from September, the Serbian Ministry of Finance announced on its website Friday.

06 Decembar 2019 18:37

BELGRADE - Serbia's public debt stood at 23.97 bln euros at the end of October 2019, which is a slight change from September, the Serbian Ministry of Finance announced on its website Friday.

At 52 pct, the debt-to-GDP ratio was steady in October compared to the previous month.

At the end of 2018, the public debt totalled 23.01 bln euros - or 53.8 pct of GDP.

The debt-to-GDP ratio was at its lowest in 2008, when it stood at 28.3 pct.

It hit a historic high in 2000, when it amounted to 201.2 pct of GDP.

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